New Client Portal

New Client Portal

We are happy to announce that we have a new and improved Client Portal. This new portal replaces the one you may have been using up until now. The new client portal service includes: Ability to view documents we wish to share with you Ability to upload documents/files...
July News & Updates

July News & Updates

Division 7A Amendments In the 2017 Budget, the Government announced it would make targeted amendments to improve the operation and administration of Division 7A of the Income Tax Assessment Act 1936 (Division 7A). The amendments were to apply from 1 July 2018, but...
June 2018 News & Updates

June 2018 News & Updates

ATO Hit List The ATO 2018 hit list focuses on small businesses and individuals. Undeclared income, wrongly-claimed expenses and unpaid superannuation are key features of the 2018 hit list. The ATO has further detailed what type of work-related expenses will be in...
Superannuation Guarantee Amnesty

Superannuation Guarantee Amnesty

The Government in late May, announced a once-off, 12-month Superannuation Guarantee (SG) Amnesty for employers who have paid insufficient SG for their employees in the past and have not yet caught up. Subject to the passage of legislation, the Amnesty will be...
Superannuation Fund Reporting Changes

Superannuation Fund Reporting Changes

Self-managed super funds (SMSFs) have new reporting obligations. This is due to the new transfer balance cap measure and event-based reporting framework. The transfer balance account report (TBAR) that is used to report certain events is a separate form from the SMSF...
2018 Federal Budget

2018 Federal Budget

The Treasurer, Scott Morrison, handed down the Federal Budget 2018-19 last night.  We have outlined below the key budget items that may impact you: Personal Income tax changes The Government will introduce a 7 year, 3 step personal income tax plan as follows: Step 1...