Lost Super
According to the ATO, there is currently a staggering $17.8 billion in lost super! Could any of it belong to you? Wouldn’t it be a pleasant surprise to […]
News
ATO Clearance Certificate Updates
There has been a change in Foreign resident capital gains withholding (FRCGW) rules are starting from 1 st of January 2025. Previously, Australian residents selling a property needed […]
Not For Profit (NFP) Self-Review Return
From the 2023-24 income years onwards Not-For-Profit (NFP) organisations with an active Australian business number (ABN) who self-assess as income tax exempt must lodge an annual NFP self-review […]
Making theft legal between 2003 and 2025
As you would have heard, the Government had a rush on trying to pass 40 Bills in Parliament yesterday at its last sitting for the 2024 year. One […]
The $3 Million Super Tax
Key points The new tax is still subject to legislative passage with a stated start date of 1 July 2025 It will mean an additional tax of 15% […]
Sick leave – you thought it was simple?
Whether you’re an employee or an employer, staff leave entitlements can be a minefield. The Basics – Full-time and part-time employees can take paid sick leave if they […]
Special Disability Trusts
What happens if you are holding an asset for the benefit of caring for a family member with a disability, but it is creating negative consequences for you? […]
Send a sales invoice from Xero to Xero
If you’ve received a contacts Xero network key and added it to their contact details, you can send them an invoice Xero to Xero. This creates a draft […]
Common Errors for Rental Property Owners
The ATO’s recent extended data rental property matching program require software providers to provide details of rent and expenses for residential rental properties managed by a property manager. […]
myGovID – It’s Changing
If you use any government portal to access various information, then you’d be familiar with logging into the very clunky myGovID system. Good news, soon myGovID will have […]