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30 Mar

Prepare for Payday Super: Key Readiness Steps for Employers

From 1 July 2026 Payday Super will be mandatory. Instead of quarterly super payments to employees’ funds, contributions will need to be paid at almost the same time as salary and wages. Read on for full details on what's required and what is changing.



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24 Mar

Setting goals for you and your business for the new financial year

If you are reflecting on where you are at and thinking about your business goals for the financial year ahead, we can help you establish measurable goals for your business. 



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24 Mar

Could junior rates of pay be abolished?

The SDA is pushing for the abolition of junior rates for younger workers. We’ve outlined the details of the campaign and the potential impact on your wage costs. 



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24 Mar

Planning for all eventualities: the benefits of scenario planning

As the owner of a fast-moving business, would a crystal ball be helpful? Scenario planning is a key way to understand the future of your business. We outline the major benefits. 



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24 Feb

Payday super: what could it mean for your small business?

Payday super is due to begin in July 2026. Is your payroll process ready? We’ve outlined the key requirements and how payday super could impact your small business. 



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24 Feb

How to find government grants and support

Government grants and incentives are a great way to boost your capital. We’ve highlighted four areas of financial support that your business may be eligible to claim. 



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24 Feb

What are trade tariffs and how can they affect your business?

We’ve heard a lot about trade tariffs in the news. But what is a trade tariff and how could these customs taxes impact your small business? 



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19 Jan

Getting late payments under control

63% of Australian businesses say they are losing money to late payments. Here’s what you can do to get your late payment issues under control. 



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19 Jan

Reducing the uncertainty: how to diversify your business

Looking to shake up your current business strategy? We share five ideas for diversifying your business strategy and improving the stability and profitability of your business this year. 



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19 Jan

Why flexible working is the new normal

54% of employees prefer a combination of in-office and remote work. So, are you making moves to switch to flexible working? We explain why hybrid working is the way forward.



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19 Jan

5 tips for controlling your cashflow

Cashflow keeping you awake at night? We share 5 tips to control your cashflow and achieve a positive cash position.



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28 Nov '25

5 challenges for small business - and how to beat them!

Want to know how to beat the most common business challenges? We’ve highlighted five common challenges and the simple ways to overcome them. 



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17 Nov '25

Training vs Trial & Error: Why Teaching Staff to Use Software Properly Pays Off

Trial and error might feel easier, but proper training gives you clean data, confident staff, and the ability to actually use your software to grow your business. What you can measure, you can control - and what you control, you can change.



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21 Oct '25

Could your business survive without you?

Would your business fall apart without you? What’s your Plan B in case of accident, illness, or just so you can take an occasional holiday? If you were thinking of selling it, what’s your exit strategy?



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21 Oct '25

Cash is not profit and vice versa

Cash is King. To work out how fast you can grow your business, you need to look at your projected cashflow. 



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21 Oct '25

The value of cashflow forecasting for your business

A business cash flow forecast will give you vital business intelligence to help you scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow position. Find out how it can help your business.



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29 Sep '25

Does your Aussie small business have a succession plan?

Research from MYOB shows nearly half of Baby Boomer business owners are planning to exit in the next 1 to 5 years. But do you have a succession plan in place to guide this exit?



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29 Sep '25

Keeping your tax and expenses in check when you are self-employed

Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks. We can help take the headaches out of your business accounting. 



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29 Sep '25

The right to work from home: the potential impact for your employees and business

Proposed legislation from the Victorian Labor Government could offer your employees the right to work from home 2 days per week. We’ve outlined how to make the most of WFH. 



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29 Sep '25

Gen Z in a Boomer workplace?

7 in 10 managers liken supervising Gen Z to babysitting or parenting. But is your people management style what’s at fault? We explain how to get the best from your Gen Z employees. 



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18 Aug '25

The art of delegation

Effective delegation frees up time and boosts productivity by allowing others to take on tasks. Assessing the right person, providing clear instructions and setting timeframes results in enhanced team skills, better outcomes and higher productivity.



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18 Aug '25

5 ways to get in control of your business finances

We’ve got 5 simple ways to get more from your finances – by embracing the latest in digital accounting and finance apps.



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18 Aug '25

Understanding the impact of Cost of Sales (CoS)

Your Cost of Sales (CoS) is a vital financial metric to understand. We’ve highlighted 5 important ways that CoS impacts on your operational efficiency and your financial health. 



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18 Aug '25

Honesty is not a core value: Why you must dare to stand out

Core values define your business's identity and uniqueness. Focusing on distinct values that reflect your purpose and sharing and embodying these values fosters a stronger workplace culture and enhances relationships and results.



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28 Jul '25

The value of old-fashioned customer service: getting customer feedback

Your customers are one of your most valuable assets. But how often are you talking to customers and asking for their feedback? Here are 5 ways to improve your customer service. 



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28 Jul '25

If I’m working ON my business what should I be doing?

I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business. But have you ever stopped to think what exactly you should be doing?



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28 Jul '25

Do you need to improve the cash flow position for your business?

Turning a profit is at the heart of running any successful company - But without cash flow, you can't run your day-to-day operations or grow the business. 



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20 Jun '25

Making your business work for you: passing the business to the next generation

How do you get your business ready to hand on to the next generation? We’ve outlined five key steps for adding value to the business and getting a clear exit strategy in place. 



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20 Jun '25

Bringing your cashflow processes into the digital age

When economic times are tough, it helps to be in control of your cashflow. We explain how to improve your cashflow – and how this helps you run your business through tough times. 



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20 Jun '25

Business tips: Budgeting and managing cashflow

Do you know the best way to manage a project budget? We’ll help you build solid, workable budgets that can be easily tracked through your accounting system. 



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26 May '25

Denying deductions for ATO interest charges

After 1 July 2025 taxpayers will no longer be able to claim an income tax deduction for ATO interest charges.



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20 May '25

Tax measures proposed by the re-elected ALP

Australian Labor party (ALP) will form the government for a second consecutive term after winning the Federal election with majority seats. We have summarised for you, all tax measures proposed by the ALP throughout their federal election campaign.



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20 May '25

Coping with the skyrocketing cost of living

Household living costs have skyrocketed and seem set to keep rising this year. Here are our 12 top tips for coping with the rapidly increasing cost of living – ways to earn more, spend less, and invest in your future. 



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20 May '25

Underpaying your staff is now a criminal offence: what this means for your business

It’s now a criminal offence to intentionally underpay your employees. Here’s the lowdown on the new Voluntary Small Business Wage Compliance Code and what it means for your business. 



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28 Apr '25

Learn about short stay levy and property taxes

If you are accepting bookings for short stays in Victorian property, you may need to register for the short stay levy to lodge and pay your returns.



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28 Apr '25

Making your business work for you: making enough to retire

Are you thinking of retiring in the near future? Now’s the time to start planning your exit strategy, so you have a business that delivers the ROI and capital you need to fund your retirement. 



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28 Apr '25

Recruit a great team

A dedicated team can be the point of difference that propels your business from good to great. Here are some tips for successful recruitment.



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28 Apr '25

Tropical Cyclone Arthur: disaster recovery grants now available

If your Queensland small business was affected by Tropical Storm Arthur, you may be eligible for the new Exceptional Disaster Assistance Recovery Grant.



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25 Mar '25

Making your business work for you: securing your lifestyle

Is your business providing the income you need to secure your desired lifestyle? We’ve got some hot tips for boosting revenue, profits and your ability to draw down income.



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25 Mar '25

Understanding Your Balance Sheet

Are you confident in understanding the financial snapshot of your balance sheet? Book a session now to analyse your reports with an experienced business advisor.



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25 Mar '25

The Project Management Triangle: Quickly, Cheaply, or Done Well - Pick Two!

The Project Management Triangle shows you can't have it all - fast, cheap, and perfect. Prioritise two: speed, cost, or quality. Learn how this timeless concept helps set realistic expectations and deliver successful projects every time.



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18 Feb '25

Are You Suffering from Business Burnout?

Are you feeling burned out from your business? There are some simple strategies to regain enthusiasm. Relieve the stress by managing systems, tech, payroll or other financial administration. 



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18 Feb '25

How to optimise your business: build on those customer relationships

Building better relationships with your customers is a key way to optimise your business for the future. We’ve got four tips for nurturing those customer relationships. 



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18 Feb '25

How to optimise your business: get proactive with your finances

Looking to get in control of your finances in 2025? Embracing the latest financial tech is a great way to put yourself in the driving seat. We’ve got five ways to boost your finances.



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28 Nov '24

Managing change in your business

70% of change projects within a business fail. The biggest factor for success is employee engagement, here are 8 ways to engage your team and get them onboard with changes.



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28 Nov '24

Potential threats to your business value

Your successful business can quickly start to lose value if you don’t keep pace with a changing market. Check out these five threats that could be undermining the value of your business. 



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28 Nov '24

Planning for seasonal dips in income

Struggling with seasonal dips and poor cashflow? We’ll help you identify the timing of your seasonal downtime, and create a strategy for stabilising your income across the year. 



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26 Nov '24

Christmas Parties and Fringe Benefits Tax

The end of year is fast approaching, meaning gifts and parties become part of your business. We’re here, as always, to remind you of your tax obligations and to assist in your decision making.



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28 Oct '24

myGovID is changing to myID

Find out about the new name, what's changing and how it affects you.



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28 Oct '24

The ABCs of bookkeeping

Why is good bookkeeping so vital for your financial management? We’ve got some top hacks for maximising your bookkeeping, and the options for outsourcing this job to the professionals. 



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28 Oct '24

Improve your work-life balance

Most of us aim for work-life balance, but it can be a tricky thing to do when everything gets busy. Here are a few tips that can assist at any time of year:



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28 Oct '24

Three questions for business success. Part 3 Pricing

Since businesses have existed, these questions have perplexed their owners. Before AI, the internet and even electricity. Who's my ideal customer? What makes my product or service attractive? How should I be pricing my product or service? Read on!



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23 Aug '24

Following up on invoice payment in a down economy

It can be challenging following up on payment of invoices when the economy has been down, but it is important to keep cash flowing into your business. As with all business dealings right now, there are tactics you can use to help.



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23 Aug '24

Three questions for business success. Part 2 Value Proposition.

Since businesses have existed, these questions have perplexed their owners. Before AI, the internet and even electricity. Who's my ideal customer? What makes my product or service attractive? How should I be pricing my product or service? Read on!



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23 Aug '24

Using testimonials and case studies to transform your business

Good reviews are sales gold! Ask your most loyal customers why they chose you, or what they like about your product or service. Use these testimonials to do all the talking in your marketing! Here's how.



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23 Aug '24

Why productivity matters and what you can do about it.

Productivity is a term associated with strong economies, robust businesses and efficiency gains of clever staff. If businesses were efficient then fewer would fail, generate more employment and better incomes for owners and workers alike.



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29 Jul '24

ATO Deadline reminder for contractor reporting

Businesses required to lodge a Taxable payments annual report (TPAR) needs to do so by 28 August 2024.



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29 Jul '24

6 Powerful Reasons To Watch Your Financial Reports

Making time to look over your financial reports each month is an important task for any business owner. We can give you an overview of what reports you'll need to help you build a thriving business.



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29 Jul '24

Three questions for business success. Part 1 Ideal Customer

Since businesses have existed, these questions have perplexed their owners. Before AI, the internet and even electricity. Who's my ideal customer? What makes my product or service attractive? How should I be pricing my product or service? Read on!



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9 Jul '24

Budgeting for success: the importance of good financial management

A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting.



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9 Jul '24

Changed from, 1 July 2024

In case you've missed it, or need a recap, here is a quick list of what changed on 1 July 2024.



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9 Jul '24

Single Touch Payroll Reminder

Employers reporting through Single Touch Payroll (STP) need to make a finalisation declaration by 14 July each year.



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9 Jul '24

5 tips for running good performance reviews

Performance reviews are a valuable tool for tracking people's progress, providing feedback, and aligning individual achievement with company goals. But they have to be done well. Here are some top tips for getting the most of your performance reviews.



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31 May '24

Valuing Assets in SMSF’s

The ATO have released updated guidelines regarding valuing assets in your SMSF. Of particular interest is the removal of the widely accepted “3-year” valuation rule,



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31 May '24

How to embrace neurodiversity in your team

Diverse business teams deliver 60% better results. And, this applies to neurodiversity too. When you embrace the diversity of your team, you create a more innovative and creative workplace.



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31 May '24

Keeping your employees and customers safe

Are you keeping your staff and customers safe? We’ve got three top tips for getting on top of your health & safety procedures as a business owner. 



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15 May '24

2024-2025 Federal Budget Summary


2024-25 Federal Budget Summary

As Jim Chalmers handed down his third budget last night, all eyes were on what relief would be given to households. With news that inflation is settling, and employment is high, the focus was on energy bill relief for homes and tax cuts across the board from 1 July.

Key measures include:

  •           Energy bill relief by way of an energy rebate for households and small businesses
  •           Personal tax cuts across the board
  •           Increases to Commonwealth rent assistance
  •           Extension of the $20k instant asset write off
  •           Super to be paid on Government funded parental leave


For a more thorough overview, please read our 2024-2025 Budget Summary



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2 May '24

Embracing humour in your marketing and brand identity

Customers like it when brands are funny. But are you doing enough to use humour in your company’s marketing? Here are some top hacks for being funny as a marketer.



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22 Apr '24

How To Keep Your Trade Business Running When You’re on Holiday

Running a trade business and thinking of taking a holiday? It's not only possible; it's essential for your well-being and business growth! Learn to prepare your team and enjoy your break stress-free.



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22 Apr '24

Are you hiring the best talent for your business culture?

Are you hiring the best talent for your business culture? We’ve summarised 5 ways to make sure your next hire is a perfect fit for the business. 



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22 Apr '24

Tips for dealing with economic uncertainty in your business

You can’t avoid economic uncertainty but you can change the way you deal with it. Strong communication with your team will help your business get through.



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18 Mar '24

Super health check

Use this checklist to review the health of your super in 5 easy steps.



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18 Mar '24

How to move your online business to a bricks and mortar retail space

Are you thinking about making the switch from online to a bricks-and-mortar store? We can help with some of the big questions to ask yourself before you open your retail space.



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18 Mar '24

3 Company Policies you should have in writing

Putting important company policies in place makes key rules and guidelines official, keeping your workplace productive and safe and giving employees and customers confidence.



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18 Mar '24

FoMO or JoMO? Give your business decisions (and yourself) a chance to breathe

How people feel often drives their decisions. In your marketing, it can be simple but powerful. For yourself, you might want to take a breath and reset.



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23 Feb '24

How to ride the wave of technological advancements

Technology is changing how we do business. But how do you start this digital transformation? We’ve highlighted five of the big challenges to plan for and overcome. 



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15 Feb '24

Overcoming Imposter Syndrome: A Business Owner's Guide

Imposter syndrome is a common challenge faced by many business owners. It can hinder personal growth, decision-making, and overall well-being. It impacts 70% of business owners at some point. We look at steps you can take to overcome and move forward.



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15 Feb '24

Tax planning helps you do more with your money

Tax may be boring, but smart use of tax planning is a superb way to help your company do more with your money. 



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15 Feb '24

Individual income tax rates and threshold changes

Changes to Individual income tax rates and thresholds from 1 July 2024.



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13 Feb '24

Your upcoming tax calendar for March

Welcome to 2024! To help you understand your tax obligations as you get back into the swing of things, here is a list of key tax dates for March 2024.



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23 Jan '24

What are your business goals for the year ahead?

The beginning of a new calendar year is an excellent time to review the year just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement.



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23 Jan '24

Plain English guide to profit and loss

When you’re in control of your profit and loss (P&L), you have a tighter hold on the reins of your profitability. Read our Plain English guide to P&L and learn how to boost your profits. 



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23 Jan '24

Finding and retaining the key talent for your business

4 in 5 employers, globally, report difficulty finding the skilled talent they require. So, how do you find the people your business needs? Here are five ways to beat the global talent shortage.



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23 Nov '23

Top tips for the company Christmas party

The company Christmas party doesn’t have to be a massive bash or a boring, box-ticking exercise. This article has lots of tips to ensure the Xmas is fun as well as being healthy and respectful.



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20 Nov '23

How can small businesses compete with the big chains?

How can your small business compete with the big multinationals? Here’s how to maximise your boutique appeal to retain existing customers and draw in new ones.



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20 Nov '23

Why You Should Check Supplier ABNs

Do you check your supplier ABNs? Correct tax codes are essential for getting GST on the BAS right. Now is a good time to review supplier ABNs and GST status. Get in contact, and we’ll make sure you’re not paying more GST than you need to.



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20 Nov '23

Outstanding tax debts? ATO warns about disclosure to CRAs

The ATO is warning businesses to engage with their tax and super obligations to avoid having their debts disclosed to credit reporting agencies (CRAs).



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20 Oct '23

What to look out for when buying a business

Planning on purchasing a business? We’ve got five key questions for you to consider before you dive in at the deep end and complete the acquisition.



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20 Oct '23

10 hot questions to ask yourself as a business owner

Want to push your business to the next level? We’ve shared 10 hot questions to ask yourself as a business owner, with advice on how they will drive your growth and success.



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20 Oct '23

Body corporate fees and charges

Are you paying body corporate fees for your rental property? Not all body corporate fees are immediately deductible.



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5 Oct '23

How much should you pay yourself?

As a business owner, how much should you pay yourself? It depends on how much your business can afford, market pay rates, and whether reinvestment could pay dividends.



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5 Oct '23

Small Business Instant Asset Write-Off This Financial Year

Are you looking to purchase assets for your business? Eligible businesses can spend up to $20k per asset and immediately claim the tax deduction and GST. Talk to us about the best strategy for purchasing business assets.



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5 Oct '23

5 ways to overcome economic uncertainty

We live in uncertain financial times, where running a successful business can be a challenge. We’ve highlighted five strategies for navigating economic uncertainty.



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5 Oct '23

How to avoid business jargon in your writing

Is your business content full of cliches, jargon and overly wordy messaging? Keeping your writing simple is the easiest way to get the very best from your marketing content.



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4 Sep '23

Plain English guide to cashflow

Positive cashflow is the beating heart of your business. Dive into our Plain English guide to cashflow and find out how to get in complete control of your cash position.



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4 Sep '23

Go walking: keep you and your business healthy

How many business hours do you spend sitting in front of a screen? Why not start focusing on your own health as well as your business health.



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4 Sep '23

Which business expenses can you claim against tax?

Want to cut your business costs? We’ve highlighted the business expenses that can (and cannot) be claimed against your ATO tax bill.



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11 Aug '23

Avoid ATO’S increased tax penalties – reminders and updates

With the ATO shifting its focus on taxpayers with outstanding tax lodgments and debts, find out how to avoid being penalised at the increased penalty rates in 2023–24



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10 Aug '23

Can ChatGPT replace your marketing team?

Can ChatGPT replace your marketing team? The short answer is no, but AI content writing can be a great productivity tool for any small business. We’ve got some tips.



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10 Aug '23

Your taxable payments annual report (TPAR) is due soon

Are you ready for TPAR? Update your supplier information now in preparation for your taxable payments annual report lodgement by 28th August.



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17 Jul '23

Working From Home - New ATO Tax Guidance

The ATO has recently released a tax guidance (PCG 2023/1) for claiming tax deductions for working from home.

You need to be aware of these changes so that you can keep the appropriate records to maximise your tax claims in your 2023 Tax Return.



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6 Jul '23

The 120% technology and skills ‘boost’ deduction

The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions.



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6 Jul '23

Backing a winner: Digital games tax

The digital games and interactive entertainment sector is the largest creative sector in the world and one of the fastest growing industries worldwide. The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021 generating $226.5 million in income and employing over 1,300 fulltime workers. And, it’s an industry the Government wants to support with a new tax offset.



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6 Jul '23

What changed on 1 July 2023

What's changed for Employers and Business, Superannuation and for you and your family?



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6 Jul '23

Important: 1 July 2023 wage increases

For employers, incorrectly calculating wages is not portrayed as a mistake, it’s “wage theft.” Beyond the reputational issues of getting it wrong, the Fair Work Commission backs it up with fines of $9,390 per breach for a corporation.



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2 May '23

‘OnlyFans’ Tax Risk Warning

The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has given notice to the booming industry.



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2 May '23

$20k Small Business Energy Incentive

In a pre-Budget announcement, the Government has committed to a Small Business Energy Incentive Scheme that offers a bonus tax deduction of up to $20,000.



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2 May '23

ATO Rental Property Blitz

The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses.



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2 May '23

Access to home guarantee scheme expanded to friends and siblings

From 1 July 2023, access to the Government’s Home Guarantee Scheme will be expanded to joint applications from “friends, siblings, and other family members”



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12 Apr '23

How Does Tax Apply to Electric Cars?

Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) has released new details on electric vehicles.



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12 Apr '23

Upcoming Budget 2023-24

The 2023-24 Federal Budget will be released on Tuesday, 9 May 2023. Look out for our update the next day on the important issues to you, your superannuation and your business.



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12 Apr '23

Selling a business? The pros and cons of earn-out clauses

Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every business owner should consider.



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12 Apr '23

What sharing platforms are sharing with the ATO

From 1 July 2023, a new reporting regime will require platforms that enable taxi services including ride sourcing, and short-term accommodation to report their transactions to the ATO each year.



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12 Apr '23

Company money: A guide for owners for owners

When you start up a business, inevitably, it consumes not just a lot of time but a lot of cash and much of this is money you have already paid tax on. So, it only seems fair that when the business is up and running the business can pay you back. Right?



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6 Mar '23

Single Touch Payroll (STP) Phase 2 deadline fast approaching

STP is the way you report your employees' tax and super information to the ATO and Phase 2 provides additional information that will be used by the ATO.



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6 Mar '23

What’s the Deal with Working from Home?

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home.



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6 Mar '23

The ‘Super’ Wars

A consultation paper released by Treasury has sparked a national debate about the role, purpose and access to superannuation ahead of the 2023-24 Federal Budget.



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6 Mar '23

What will the ATO be Asking about your Holiday Home?

Taxpayers claiming deductions on holiday homes are in the ATO’s sights.



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6 Mar '23

1 July 2023 Super Balance Increase but no Change for Contributions

The general transfer balance cap (TBC) – the amount of money you can potentially hold in a tax-free retirement account, will increase by $200,000 on 1 July 2023 to $1.9 million.



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7 Feb '23

Is ‘downsizing’ worth it?

From 1 January 2023, those 55 and over can make a ‘downsizer’ contribution to superannuation.



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7 Feb '23

What do the ‘Secure Jobs, Better Pay’ reforms mean?

The Government’s ‘Secure Jobs, Better Pay’ legislation passed Parliament on 2 December 2022. We explore the issues.



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7 Feb '23

The ATO’s final position on risky trust distributions

The ATO has released its final position on how it will apply some integrity rules dealing with trust distributions.



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20 Dec '22

Avoiding the FBT Christmas Grinch!

It’s that time of year again - what to do for the Christmas party for the team, customers, gifts of appreciation for your favourite accountant (just kidding), etc. Here are our top tips for a generous and tax effective Christmas season.



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1 Dec '22

Can you prevent a hack?

In the wake of the Optus data leak, legislation before Parliament will lift the maximum fine for serious or repeated breaches of the Privacy Act from $2.2m to up to $50m.



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1 Dec '22

Scams and how to avoid them

I got a text the other day “Hi Mum, I have broken my phone and I am using this number.” The “Hi Mum” scam has exploded with more than 1,150 Australians falling victim to the ploy in the first seven months of 2022.



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1 Dec '22

Taxing fame: The ATO’s U-turn

Sportspeople, media personalities, celebrities and ‘insta’ influencers beware. The ATO has taken a U-turn on how fame and image should be taxed.



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1 Dec '22

How high will interest rates rise?

Low interest rates have been a mainstay since the global financial crisis of 2008. Coming out of COVID, supply could not keep up with demand to support the recovery, pushing inflation higher and broader than expected for a longer period of time.



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20 Oct '22

To cut or not to cut? Stage three personal tax cuts

Heading into the 2022-23 Federal Budget on 25 October, the question for the Australian Government is not whether to introduce personal income tax cuts but whether to keep, amend or repeal the cuts legislated to commence on 1 July 2024



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20 Oct '22

States move on property based taxes

Queensland backs down on Australia wide land tax assessment



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20 Oct '22

Lessons from a data breach

The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data breached.



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20 Sep '22

Tax & the family home

Everyone knows you don't pay tax on your family home when you sell it... right? We take a closer look at the main residence exemption that excludes your home from capital gains tax.



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20 Sep '22

Overcome your customers fear of spending

One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale. So, what can you do to speed up the sales process?



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20 Sep '22

120% deduction for skills training and technology costs

The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business.



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20 Sep '22

Acquiring collectibles inside your SMSF

Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire. The golden rule for acquiring assets inside your SMSF is why?



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11 Aug '22

It’s Not Easy Being Green

Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made.



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11 Aug '22

FBT-free Electric Cars

New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how.



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11 Aug '22

Can I claim my crypto losses?

The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return.



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11 Aug '22

How high will interest rates go?

The RBA lifted the cash rate to 1.85% in early August 2022. we should expect interest rates of 2.5% - how quickly we get there really depends on inflation.



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24 Jun '22

Audit Insurance

Over the past few months there has been an increase in audit/review activity initiated by the ATO, State Revenue Office & WorkCover, as both State and Federal Governments attempt to tighten up budget deficits.



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21 Jun '22

Tax Time Targets

 The ATO has flagged four priority areas this tax season where people are making mistakes.



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21 Jun '22

What to expect from the new Government

Anthony Albanese has been sworn in as Australia’s 31st Prime Minister and a Government formed. We look at what we know so far about the policies of the new Government in an environment with plenty of problems and no easy fixes.



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21 Jun '22

Prepare for Finalisation of Single Touch Payroll

End Of Financial Year is upon us once again! This means that once you have run your last pay run for the financial year, it is time to finalise payroll.



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21 Jun '22

ATO refocus on debt collection

The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a tax debt.  That position has now changed.



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10 May '22

The 120% deduction for skills training and technology costs

Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving marketing emails encouraging us to spend now to access the deduction.



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10 May '22

Fuel tax credit changes

The Government temporarily halved the excise and excise equivalent customs duty rates for petrol, diesel and all other petroleum-based products (except aviation fuels) for 6 months from 30 March 2022 until 28 September 2022. This has caused a reduction in fuel tax credit rates.



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10 May '22

Can I claim a tax deduction for my gym membership?

There are lots of reasons to keep fit but very few of them have to do with how we earn our income. As a result, a tax deduction for a gym membership isn’t available to most people.



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10 May '22

What’s changing on 1 July 2022?

A series of reforms and changes will commence on 1 July 2022



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10 May '22

ATO ramps up heat on directors

Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations.



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30 Mar '22

2022-23 Federal Budget - Don't Rock The Boat

The 2022-23 Federal Budget is a safe, ballot box friendly Budget as expected with a focus on cost of living, home ownership, and health.



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8 Mar '22

The ATO’s Attack on Trusts and Trust Distributions

Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts distribute income.



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8 Mar '22

Immediate Deductions Extended

Temporary full expensing enables your business to fully expense the cost of your assets.



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8 Mar '22

Federal Budget 2022-23 date announced

The Federal Budget has been brought forward to 29 March 2022. With the pandemic and the war in Ukraine we have seen a lot less commentary this year about what to expect in the Budget.



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8 Mar '22

Are Your Contractors Really Employees?

Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes.



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8 Feb '22

Year of the Tiger: Roaring or Bellowing?

The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message; walk boldly with courage. And it seems the Reserve Bank Governor is aligned with this sentiment.



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8 Feb '22

PCR and RAT tests to be tax deductible, FBT free

The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible for individuals and exempt from fringe benefits tax (FBT) for employers if purchased for work purposes.



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8 Feb '22

Pandemic Leave Disaster Payments rules change

The rules for the Pandemic Leave Disaster Payment, the payment accessible to those who have lost work because they have had to self-isolate with COVID-19, or are caring for someone who contracted it, changed on 18 January 2022.



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8 Dec '21

If Santa was an Australian tax resident

A lighter look at the complexity of Australian taxation laws and the year that has been.



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8 Dec '21

The top Christmas tax questions

Every year, we are asked about the tax impact of various Christmas or holiday related gestures. Here are our top issues:



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8 Dec '21

2022: The year ahead

2021 was to be the year we returned to a post-COVID normal however the pandemic has fundamentally changed the way many of us operate in our personal and work lives. Here is some of what we can expect in 2022:



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10 Nov '21

How to set up your Director ID

Directors are now required to register for a unique identification number that they will keep for life.



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10 Nov '21

Tax and the Normalisation of Cryptocurrency

The Australian Taxation Office recently updated its guidance on tax and cryptocurrency.



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10 Nov '21

SMSF COVID-19 Audit Relief Extended

The ATO has extended COVID-19 relief for SMSF trustees. The relief measures, which protect trustees from COVID-19 related contraventions of the super laws, now extend from the 2019-20, 2020-21 and 2021-22 financial years.



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10 Nov '21

Overseas gifts and loans in the spotlight

The ATO has recently issued an alert on gifts or loans from overseas. The ATO is particularly concerned about schemes and arrangements designed specifically to circumvent Australian tax laws.



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7 Oct '21

Unwinding COVID-19 Relief

COVID-19 support will roll back as states and territories reach vaccination targets.



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7 Oct '21

What happens to your superannuation when you die?

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.  When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee according to the rules of fund, superannuation law, and the death nomination you made.



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7 Oct '21

Recruiting new employees? The 1 November superannuation rule changes

Super choice rules are changing. You'll have an extra step to take if you have new employees who start from 1 November 2021 and they don't choose a super fund.



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9 Sep '21

What now? Unwinding the Pandemic

Australia’s two largest states and the ACT are in lockdown as the Delta strain of COVID-19 takes its toll while others are standing firm on a policy of eradication. The result is a country at a policy impasse and divided by border restrictions.



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9 Sep '21

Divorce, Superannuation and the Gender Divide

New legislation will help prevent superannuation assets from being hidden during divorce proceedings.



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9 Sep '21

Mental Health Support for Business Owners

Running a business can be an isolating experience. And, with COVID-19 lockdowns and disruptions to trade, the pressure can be intense.



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12 Aug '21

Are COVID-19 grants and funding tax free?

Most people would think that money provided by the Government to support people and business during a crisis would be tax free? Otherwise, it’s like giving money with one hand and then taking it away with the other, isn’t it?



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12 Aug '21

Lockdown Support Update

The support available to individuals and business has been constantly evolving and changing. Here’s a summary of where support stands around the country.



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22 Jul '21

What lockdown support is available in Victoria?

Support is available if you are impacted by the Victorian lockdowns.



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15 Jul '21

Lock-downs: What help is available

The highly infectious Delta COVID variant is triggering lock-downs across the country. We look at what help is available and how you can get it.



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8 Jul '21

What changed on 1 July 2021?

We've summarised the key 1 July 2021 changes and their implications.



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8 Jul '21

Work from home expenses under scrutiny & the perils of browsing Facebook

If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed.



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8 Jul '21

Am I taxed on an insurance payout?

Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people would assume that if and when they need to claim on their insurance, the insurance payout covers the damage and is not income assessed for tax purposes - but this is not always the case.



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3 Jun '21

Your SMSF: when expenses and investments are not at arm’s-length

We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members).  We’ve set out some of the common questions and answers.



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1 Jun '21

Circuit Breaker Business Support Package

The Victorian Government has launched the $250 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders.



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1 Jun '21

The New Lifetime Director IDs

Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers.



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1 Jun '21

Tax exemption for ‘granny flat’ arrangements

To protect older Australians, the Government has moved to formalise ‘granny flat arrangements’ by providing an incentive to protect all parties in the arrangement.



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1 Jun '21

Pension minimum relief extended to financial year 2021/22

On Saturday 29 May 2021, the Government unexpectedly announced an extension of the temporary reduction in superannuation minimum drawdown rates through to financial year 2021/22.



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14 May '21

Federal Budget 2021-22 - The Balancing Act Budget

The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term.



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1 Apr '21

The 1 July 2021 superannuation changes

Changes from 1 July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account.



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1 Apr '21

Professional services firm profits under fire

The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, engineers, architects etc., operating through trusts, companies and partnerships of discretionary trusts and how the profits from these practices are being taxed.



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1 Apr '21

JobMaker fails to boost employment

The Government’s JobMaker scheme has created 609 new jobs since registrations opened on 1 February 2021, despite around 15,000 businesses registering their interest in the scheme.



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1 Apr '21

National licence recognition for tradies

Builders, electricians, plumbers, architects, real estate agents, security guards and other workers who hold an occupational licence in their home state or territory and who want to do the same work in another state or territory will soon be automatically deemed to have the necessary licence.



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25 Feb '21

Why are some businesses returning JobKeeper to the ATO?

Super Retail Group - owner of the Supercheap Auto, Rebel, BCF and Macpac brands - handed back $1.7 million in JobKeeper payments in January after releasing a trading update showing sales growth of 23% to December 2020.



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25 Feb '21

COVID-19 Vaccinations and the Workplace

The first COVID-19 vaccination in Australia rolled out on 21 February 2021 preceded by a wave of protests. With the rollout, comes a thorny question for employers about individual rights, workplace health and safety, and vaccination enforcement.



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25 Feb '21

FBT 2021: Tax & Employee Benefits

Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours changed.



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25 Feb '21

Yarra Ranges Business - Save $295 with free listings on Visit Victoria

Yarra Ranges Tourism operators are able to have their business listed for 12 months on Victoria's official travel website for FREE.



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4 Feb '21

2021 Risks & Opportunities

With the borders between the State and Territories all but open and 2021 well underway, there is a hunger for a return to ‘normal’. The recent Westpac-Melbourne Institute Index of Consumer Sentiment articulates this desire to ‘get on with things’; sentiment reached its highest level since November 2013.

However, the Reserve Bank of Australia cautions that the recovery will be uneven and drawn out and GDP is not expected to return to pre-pandemic levels until the end of 2021. The risks are not limited to the pandemic but Australia’s geopolitical relationships, notably with our largest trading partner, China.



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4 Feb '21

The Final Stage Of JobKeeper And How To Access It

The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”.



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