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Federal Budget 2024-25: Overview

On Tuesday night, Treasurer Jim Chalmers handed down the 2024-2025 Budget. The Treasurer promises that inflation will decline by 0.75% due to the 2024-25 Federal Budget initiatives, including energy relief for all households, a boost…

Don’t take company money!

The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to utilise company resources for their personal use. The business is often such…

ATO issues warning on SMSF asset valuations

ATO data analysis has revealed that over 16,500 self-managed superannuation funds (SMSFs) have reported assets that have had the same value for three consecutive years. With many of these assets residential or commercial Australian property,…

Team Q&A: Tori McLean

This month, we caught up with Financial Planning Administrator Tori McLean. Hailing from Hamilton and Warrnambool, Tori joined the team in 2020 and moved into the Financial Planning team in 2023. Where are you originally…

7 Tips for Business Success in 2024

As we navigate the complexities of 2024, businesses are seeking strategies to stay ahead in a rapidly evolving market. At PPT Accounting, we understand these challenges and are committed to guiding our clients towards success.…

Stage 3 Tax Cuts Redesigned

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government. After much speculation, the Prime Minister has announced that the…

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