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On 16 December the Queensland Government announced amendments to land tax. The amendments relate to how land tax is calculated. This may apply to you if you own, or have an interest/share in, property in Queensland an in another Australian state or territory. The aim...

Scam Awareness week took place between the 08-12 November 2021 to encourage everyone to start a conversation about scams to reduce stigma and help people recognize a scam sooner, or prevent it from happening in the first place. According to the ACCC Scamwatch, scams...

Effective 1 July 2021, Capital Gains Tax (CGT) will not apply to eligible granny flat arrangements. The CGT exemption requires: The owner/s of the property to be individuals; Eligible person/s to have eligible granny flat interest/s in the property; and A written and...

Extraordinary Disaster Assistance Recovery Grants - South East Queensland Rainfall and Flooding Businesses - Grants of up to $50,000 are available for affected small businesses following the South East Queensland Rainfall and Flooding to hire or purchase equipment and...

There have been a number of fiscal initiatives aimed at enhancing the economic climate, boosting investment and personal wealth. We look at some of these initiatives below:   First Home Super Saver Scheme – from 1 July 2022, eligible individuals will be able to...

Due to frequent COVID lockdown’s, the ATO has confirmed the extension of the work-from-home shortcut method until the end of June 2022. This means you are still able to claim 80 cents for every hour you worked from home. When claiming this shortcut method, you cannot...

On 11 May 2021, as part of the 2021–22 federal Budget, the Australian Government announced it will remove the $450 per month threshold to expand coverage of super guarantee to eligible employees regardless of their monthly pay. This change is now law. From 1 July...

The FBT year is upon us…  Fringe Benefits Tax (FBT) relates to benefits provided to staff outside of their wages such as cars, housing, parking or meal entertainment. The FBT year runs from 1 April to 31 March and the tax is paid for by the employer irrespective of...