Important Changes to your Super effective 01 July 2022
The May 2021 Budget proposed changes to the Superannuation Regulations were passed by both houses of Parliament on 10 February 2022. The following changes will…
Category: Tax Advice
2022 Tax Planning Tips and Strategies
With the end of the 2022 financial year fast approaching, our annual tax planning strategies are provided for your consideration. By engaging in one of…
2022–23 Federal Budget Highlights
On Tuesday 29 March 2022, The Federal Treasurer, The Hon. Josh Frydenberg, handed down the 2022–23 Federal Budget. As our economy emerges from the pandemic,…
COVID-19 tests to be tax deductible
On 7th February 2022, the government announced that COVID-19 tests will be tax deductible and exempt from Fringe Benefits Tax (FBT) for businesses when they…
What you need to know about Work Christmas Parties, Gifts and FBT
As we approach the end of the year, many businesses consider providing gifts or hosting Christmas parties for their staff, clients and suppliers as a…
New Financial and Business Support for Victorians impacted by Lockdown 5.0
Following the Premier’s announcement for Victoria’s fifth lockdown in July 2021, eligible businesses impacted by the COVID-19 restrictions will be able to seek financial assistance…