by admin | Mar 26, 2025 | Did You Know, News
The 2025–26 Federal Budget includes a range of measures impacting individuals, families, businesses, and the broader economy. From modest tax cuts and energy rebates to expanded compliance programs and support for healthcare and housing. To help you understand what...
by admin | Mar 19, 2025 | Did You Know, News
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT Exemption for Electric Cars Employers that provide employees with the use of eligible electric vehicles (EVs) can potentially qualify for an FBT...
by admin | Feb 25, 2025 | Did You Know, News
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025. The transfer balance cap – the amount that can be transferred to a tax-free retirement account – is indexed to the Consumer Price Index (CPI)...
by admin | Feb 25, 2025 | Did You Know, News
The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death benefits. Do we have a problem with paying out super when a member dies? The value...
by admin | Feb 13, 2025 | Did You Know, News
If credit card surcharges are banned in other countries, why not Australia? We look at the surcharge debate and the payment system complexity that has brought us to this point. In the United Kingdom, consumer credit and debit card surcharges have been banned since...
by admin | Feb 13, 2025 | Did You Know, News
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.” ATO Private Wealth Deputy Commissioner Louise Clarke The...