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…
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…
On Tuesday night Federal Treasurer Josh Frydenberg handed down the Budget 2022-23, which is safe and ballot box friendly with a focus on jobs, cost of living, homeownership and health. Key initiatives include: 6 month,…
