As proud supporters of Hamilton Hawks Rugby Club we would like to offer members the chance to have their personal tax return completed for as little as $99. Please note that prices start from $99 for the preparation of a single basic income tax return for...
I am constantly surprised by the number of people I speak to, young and old, male and female, who do not understand their business and family financial affairs. I don’t mean a lack of understanding of their complex business structures, I mean a basic understanding...
As proud supporters of Southern Beaches Rugby Club we would like to offer members the chance to have their personal tax return completed for as little as $99. Please note that prices start from $99 for the preparation of a single basic income tax return for...
The federal government announced an extension of their Jobkeeper program beyond the original end date of 27 September 2020. There have been some changes to the programs as highlighted below: From 28 September 2020 to 3 January 2021 businesses will be eligible for jobkeeper if their actual turnover...
With more of us working from home as a result of COVID-19, it has highlighted what expenses may be claimed at tax time. Expenses you can claim If you work from home, you may be able to claim a deduction for the additional running expenses you incur. These...
The expanded instant asset write-off scheme was introduced as a way of allowing small businesses to claim the depreciation amount of a work-related purchase like a car or a computer in one hit, rather than gradually over a multi-year period. The onset of COVID-19 this year has seen the Australian government...
Most experts will agree that the most efficient and sustainable way to invest your hard earned money is by building your Superannuation. While your employer is required to pay 9.5 %, it is ultimately up to you to build your wealth by contributing or “boosting” into...
In May 2018 the Government announced that Employers who have not paid their superannuation guarantee (SG) in the past now have a one-off amnesty from penalties to make good on their compliance. In addition, business would also be allowed to claim a tax deduction for the...
It's Now Legislated - JobKeeper Payments Initiative What does it mean for you? As you would be aware the Government is routinely announcing stimulus initiatives for the economy. As business and financial advisors we are focused on analysing and assessing the relevance of each for our clients. One such...
Our Tax Planning Meeting With You This Year Will Be Vital! The Australian Government has just updated its economic stimulus package, which now totals $189 billion. The package has been marketed as a measure to provide timely support to affected workers, businesses and the broader community. The...
