The Government has resurrected the Superannuation Guarantee (SG) amnesty giving employers that have fallen behind with their SG obligations the ability to “self-correct.” This time, however, the incentive of the amnesty is strengthened by harsh…
The Reserve Bank of Australia reduced interest rates again to historic lows earlier this month. Economist, Emmanuel Calligeris explores the real impact on the Australian economy and investing in a low return environment. Australia and…
The investment strategies of Self Managed Superannuation Funds (SMSFs) are under scrutiny with the Australian Taxation Office (ATO) contacting 17,700 trustees about a lack of asset diversity. The ATO is concerned that, “a lack of…
Morgans outlines that Global economic uncertainty continues to weigh on the ASX’s offshore earners. They were one of the few bright spots for the market in recent years but the prolonged trade war and slowdown…
Image courtesy of Indimax Productions. In 2017, in a bid to be more inclusive, Royal South Street Society launched “The Arts for All”. The event which is held at the RACV Goldfields Resort offers vocal,…
Last month, the ATO released statistics showing small business is responsible for 12.5% ($11.1 billion) of the total estimated ‘tax gap’. These new figures give visibility to tax compliance issues within the small business sector…
It’s not uncommon for landlords to be confused about what they can and can’t claim for their rental properties. What often seems to make perfect sense in the real world does not always make sense…
A business valuation provides an independent assessment of your business and it’s potential value. But when should you arrange a valuation and why is it important? Typically, clients utilise this service for: Sale of business…
You have probably heard people talk about good debt and bad debt. However, it’s easy to forget the difference when cash is tight, or your consumer desires get the better of you! So, here is…
The recent income tax cuts that passed through Parliament do not mean everyone automatically gets $1,080 back from the Government as soon as they lodge their income tax return. The Australian Taxation Office (ATO) has…
