by admin | May 26, 2025 | Did You Know, News
It has been a long time coming, but the Government finally passed legislation increasing the instant asset write-off threshold for the year ending 30 June 2025 to $20,000. This was announced back in the 2024-25 Federal Budget but the Government faced a number of...
by admin | May 6, 2025 | Did You Know, News
Make the most of tax time with these key planning opportunities and watch-outs for businesses – from claiming deductions to avoiding ATO scrutiny. Opportunities Write Off Bad Debts Your customer definitely not going to pay you? If all attempts have failed, the...
by admin | May 6, 2025 | Did You Know, News
With the end of the financial year fast approaching we outline some opportunities to maximise your deductions and give you the low down on areas at risk of increased ATO scrutiny. Opportunities Bolstering Superannuation If growing your superannuation is a strategy you...
by admin | Apr 16, 2025 | Did You Know, News
From 1 July 2026, personal income tax rates will change. On the last sitting day of Parliament, the personal income tax rate reduction announced in the 2025-26 Federal Budget was confirmed. The modest reduction of 1% applies to the $18,201-$45,000 tax bracket,...
by admin | Apr 8, 2025 | Did You Know, News
The superannuation guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports persons and other workers. Employers need to pay compulsory superannuation guarantee (SG)...
by admin | Apr 7, 2025 | Did You Know, News
In the 2025-26 Federal Budget, the Government announced its intention to ban non-compete clauses for low and middle-income employees and consult on the use of non-compete clauses for those on high incomes (under the Fair Work Act the high income threshold is...
