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Tax warning on overseas income

Do you earn income overseas? A recent case highlights why you might pay more tax than you thought on foreign income. If you are an Australian resident and earn income from overseas, such as income…

Scam Alert: ATO Fraud

Recently we have become aware of scam activity relating to the Australia Taxation Office and Federal Police. Typically the scam is in the form of a phone call, text message or email, where the scammers impersonate…

Build it Better Grant for SME Manufacturers

The Australian Manufacturing Technology Institute Limited (AMTIL) and the Victorian Government have teamed up to provide small to medium manufacturing businesses in Victoria with funding of up to $20,000 to undertake redesign/reengineering projects to increase their adoption…

When can you take super?

The cash sitting in your superannuation fund can be tempting, particularly if you are short of cash. But, the reality is there are very few ways you can take advantage of your superannuation once it…

$10K limit on cash payments to business

One of the interesting approaches to tackling the black economy in the recent 2018-19 Federal Budget was the announcement of a $10,000 limit on cash payments to business. Unrecorded and untaxed transactions that occur in…

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