Tax
Top 5 tax issues small business owners face – and why professional advice matters
25 September
Running a small business is rewarding, but it comes with plenty of challenges—particularly when it comes to tax. Many owners underestimate how complex the tax landscape can be, and mistakes can prove costly. Seeking advice from both an...[Read More]
Tax time: why planning and professional advice matter
21 August
As we move into another financial year, many people view tax as a once-a-year obligation – gather receipts, lodge a return, and move on. But the reality is that effective tax planning is a year-round process, and it can make a significant...[Read More]
Tax perks on super for retirees ‘deserved’: treasurer
27 August
Retirees still deserve concessional treatment on their superannuation, the treasurer says, despite mounting calls for an overhaul of the tax system. Jim Chalmers said fairness for younger generations needed to be considered as part of any change to...[Read More]
3 Helpful tips to grow your superannuation
21 August
Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses you’ve been planning and have put...[Read More]
Creative types say give us a tax break, for art’s sake
24 September
A punter betting on the Miles Franklin literary award gets to enjoy their windfall tax-free, unlike the winning author who pays a significant chunk of their $60,000 prize. The same is true for many prestigious arts awards, such as the $100,000...[Read More]
Keep electric car tax cut, remove pollution instead
18 September
Extending a tax cut for electric cars until 2035 could put another 1.5 million motorists behind the wheel of a low-emissions vehicle and significantly cut transport pollution, a study has found. The government could also fuel the supply of...[Read More]
Top 5 tax minimisation strategies for business owners
11 September
Running a business involves more than just generating revenue—it also means managing your tax obligations effectively. For many business owners, tax is one of the largest ongoing expenses, and without a considered approach, you could be paying far...[Read More]
Handy tax time tips for sole traders. Avoid these common mistakes and get it right this tax time.
11 September
We know small businesses work hard to get their tax and super right, however we understand mistakes can still happen. If you’re a sole trader, you can get ahead this tax time by avoiding these common errors: Not reporting all income – this...[Read More]
Top 5 Reasons to Hire a Bookkeeper – And How to Get the Best from Your Accountant
4 September
Running a business comes with countless moving parts, but one thing is certain: solid financial management is the backbone of success. Many small business owners start by handling their books themselves, only to find the task overwhelming,...[Read More]
EV industry powers down tax talk amid surging sales
21 August
Electric vehicle sales have surged to record highs, but advocates warn it shouldn’t be used as an excuse to impose taxes and cut incentives. Australians bought 29,244 new battery electric vehicles in the three months to June 30, up from 17,901...[Read More]
Plan to lift GST must come with lower income tax burden
14 August
A push to lift the goods and services tax must form part of a broad reform package that reduces the burden on workers, a prominent economist says. The Albanese government’s economic roundtable will be held later in August and has prompted calls...[Read More]
‘Don’t slam brakes on EVs’: sparks fly over fee push
14 August
Motorists could face distance-based fees to drive on Australian roads as part of a proposed tax change expected to be on the menu of Treasurer Jim Chalmers’ economic roundtable. Momentum is building for a road user charge, seen by one federal...[Read More]
‘Not right’: Australia urged to wind back tax breaks
7 August
Australian workers could be locked out of home ownership unless property concessions are reined in, but any reform would require careful manoeuvring from the government. As the federal government seeks ways to reinvigorate the nation’s languishing...[Read More]
Business lobby rejects proposed company tax overhaul
7 August
Commerce groups have dismissed calls by the Productivity Commission for a new tax that would be offset by a cut in the rate paid by small business. A report by the commission proposes cutting the income tax rate to 20 per cent for firms earning less...[Read More]
10 questions to ask your accountant and why a close relationship matters
31 July
Having a skilled accountant is invaluable, whether for personal or business finances. Accountants provide clarity, advice, and strategies to optimise financial health and compliance. Building a close relationship with your accountant fosters...[Read More]