If you're carrying an Australian Taxation Office (ATO) debt there is a good chance that it will cost you even more from 1 July 2025 onwards. This is because from 1 July 2025 two types…
Treasurer Jaclyn Symes delivered the Victorian Budget 2025/26 on 20 May 2025, achieving a $600 million operating surplus, the first since the COVID-19 pandemic. The budget delivers targeted cost-of-living relief and funds key sectors like…
On Tuesday night, Treasurer Jim Chalmers handed down the 2025-2026 Budget. The big-ticket item? Personal income tax cuts. While they make for a headline-grabbing announcement, the reality is a modest saving - up to $268…
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…
“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…
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…
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…
The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is on and we’re in…
As economic conditions shift, your business must adapt to maintain competitiveness, viability and continued growth. A Business Health Check provides a framework for assessing your operational and financial health to position your business effectively for…
Federal Treasurer Jim Chalmers handed down his first Federal Budget on Tuesday night. The ‘ace in the hole’ of the 2023-24 Federal Budget was the $4.2bn surplus; the first in 15 years. The surplus was…
