16 February, 2021
The amounts you dont need to include as income

The amounts you don’t need to include as income

Amounts which are not classified as income are split into 3 categories. Exempt income This is income that you do not pay tax on, although, some […]
16 February, 2021
The types of benefits businesses should consider for their employees

The types of benefits businesses should consider for their employees

n Australia-wide survey asked employees what benefits they would most want from their employers. The following are the top 10 benefits: Flexible working Discounts on electricity, […]
5 February, 2021
SMSF Pensions

SMSF Pensions

SMSF funds can provide pension or lump sum benefits during retirement. Retirement is a condition of super release if you have reached your preservation age. Depending […]
5 February, 2021
Tax treatment of insurance payments for damaged or destroyed property after a disaster

Tax treatment of insurance payments for damaged or destroyed property after a disaster

The Australian weather can be unpredictable, resulting in intense weather conditions. Bushfires, severe storms or floods can cause personal properties and assets a lot of damage. […]
5 February, 2021
Types of partnerships

Types of partnerships

There are three types of partnerships. The partnership type you choose will depend on what best suits the partners involved. General Partnership (GP) All partners involved […]
28 January, 2021
Dont let your credit cards control you

Don’t let your credit cards control you

The following are some tips which will make it easier for you to stay on top of your credit card payments so that you can worry […]
28 January, 2021
Things you can do to protect your customers confidentiality

Things you can do to protect your customer’s confidentiality

Customers trust businesses with a lot of personal information and it is the business’ responsibility to maintain confidentiality. Businesses should take relevant precautions to ensure that […]
28 January, 2021
How super much do you need to put aside for retirement

How super much do you need to put aside for retirement?

Calculating how much super you will need will help you decide whether you should be contributing more to your super. You can utilise salary sacrifice schemes […]
28 January, 2021
Tax registration for trusts as trustees and beneficiaries

Tax registration for trusts as trustees and beneficiaries

Trusts have their own tax file number (TFN) that should be used to complete tax returns. Trusts are also able to apply for an Australian business […]
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