25 November 2020
Taxation process for your super contributions

Taxation process for your super contributions

How much tax you pay on your super contributions and withdrawals depends on a variety of factors. The process takes into account your total super amount, […]
19 November 2020
CGT concessions available to small businesses

CGT concessions available to small businesses

Businesses receive four different types of concessions on top of CGT exemptions and rollovers which are available to everyone. These allow businesses to disregard or defer […]
12 November 2020
What you need to know about claiming tax deductions

What you need to know about claiming tax deductions

There are different types of deductions that individuals can claim to reduce their taxable income. Work-related expenses In order to claim work-related tax deductions, the expenses […]
5 November 2020
Taxation of your investment income

Taxation of your investment income

Investment income needs to be included when conducting tax returns. This includes any income acquired through interest, dividends, rent, managed funds distributions, and capital gains. The […]
29 October 2020
Using PAYG instalments for your business and investment income

Using PAYG instalments for your business and investment income

Pay as you go (PAYG) instalments are payments you can make throughout the year to avoid accumulating a large tax bill to pay at the end […]
22 October 2020
Tax relief to help individuals through the pandemic

Tax relief to help individuals through the pandemic

The Federal Budget for 2020 announced personal and business tax relief through various tax cuts. The legislation was approved by parliament meaning that individuals and businesses […]
15 October 2020
Fringe benefits and fringe benefits tax

Fringe benefits and fringe benefits tax

What are fringe benefits? Employees may opt to make an agreement with their employers that provides them with fringe benefit ‘payments’ in a form other than […]
7 October 2020
What you need to know about JobMaker

What you need to know about JobMaker

Job losses have been extensive during the COVID-19 pandemic and the JobMaker Hiring Credit will give businesses incentives to take on additional employees aged between 16 […]
7 October 2020
Insolvency reforms to support small business

Insolvency reforms to support small business

The government recognises that despite support to get through the COVID-19 outbreak, not all businesses are going to remain viable. Many small businesses will have significantly […]