2024-25 Budget Easing the Cost of Living
As you may be aware the 2024/25 budget was published this month and one of the main focuses was easing the pressure of the cost of living.
News
ATO to be granted greater discretion over old tax debts
The government plans to make amendments to the tax law to provide the Commissioner of Taxation more discretion over the treatment….
Pre 30 June Trust Resolutions….in English
It’s coming to the pointy end of the financial year and if you have a discretionary (or family) trust, then you have more decisions….
Do you know what happens to your super when you’re no longer here?
Most of us prefer not to think about when we’re no longer here. However, like taxes, unfortunately death will happen to all of us eventually….
It can’t be that time again?
I’m sure as you age time passes more quickly. It certainly seems 30 June comes around quicker and quicker each year. As usual at this time of the year….
So what’s your exit strategy?
I was always told ‘before you sign up for something make sure you know how to get out’. Nothing rings truer than for those of you who own your own….
Start Organising Your Records!
The 2024 Fringe Benefits Tax (FBT) year ends on 31 March 2024. (Really?) Yes! The FBT year runs from April to March (unlike the Australian financial year which runs from….
Can I make my employee redundant?
When can I make an employee redundant? You can only make an employee redundant in the following circumstances:
Thinking of investing in your employees? It’s not too late!
Several studies have shown that investing in people is profitable. A study conducted by The Census Bureau for the Federal Department of Education revealed….
Money Doesn’t Grow on Trees!
Do you find yourself worrying each quarter when your BAS is due or maybe it’s your PAYG? It’s a common dilemma that many business owners are in and with….