Tax & the family home

Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption.   Capital gains tax (CGT)...

Business Boost Grants

Next round of Business Boost grants on the way Small businesses ready to take their business to the next level are being encouraged to apply for a Business Boost grant up to $15,000. Previous Business Boost grant recipients have used the funds to introduce an online...

Tax Time Tips

Here are a few things to consider coming up to tax time for individuals: – Save on tax by making superannuation contributions – You can claim a tax deduction for personal contributions. You’ll need to complete and lodge a valid notice of intent with your...

Meet the team – Kim

  Kim joined McFillin in 2015, this was Kim’s second employment as a Client Service Officer (Admin) as she was originally employed by Mike McFillin many years earlier & had the opportunity to come back and join Cam & Rod when they initially acquired the...

Changes to superannuation guarantee from 1 July 2022

The statutory Superannuation Guarantee rate will increase from 10% to 10.5% of ordinary time earnings from 1 July 2022. In line with legislation aimed at supporting working Australians in retirement,  this rate will continue to increase by 0.5% per year until it...