by Ashlee Salamon The tax cuts introduced on 1 July 2024 are set to ease cost-of-living pressures for Australians by putting more money back in your pockets. These changes are particularly significant for the housing market, potentially making homeownership more attainable. Increased Disposable Income The most immediate benefit of these tax cuts is the increase […]
READ MOREIt’s almost tax time again! 30th June is approaching fast, and timing is important with this deadline. As such the time to act is now. Below is a guide on some of the main things to consider for yourself and your business at this time. Our Top Tax Tips Pay June quarter employee super contributions now […]
READ MOREby Georgia King The Federal Government has recently introduced Fringe Benefits Tax (FBT) concessions relating to electric vehicles (EVs) that can result in substantial after-tax savings for businesses and employees. There may be no better time to cash in on your green credentials, not only helping the environment, but also your bottom line. We’ve run […]
READ MOREAs the 2023 financial year draws to a close, it’s crucial to consider the benefits of seeking professional tax planning advice before 30 June. While taxes may not be the most exciting topic, proper planning can help you optimise your financial situation and ensure you don’t miss out on valuable opportunities. Engaging the services of […]
READ MOREThe Australian Taxation Office (ATO) is using its Single Touch Payroll (STP) reporting system to enhance its monitoring, identification, and auditing of employers who are failing to pay their employees’ superannuation contributions. STP is an electronic reporting system that allows employers to report salary and wage information, payroll tax, and superannuation contributions to the ATO. […]
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