24 September, 2020
Income Tax cuts in Federal Budget Benefiting high income earners

Income Tax cuts in Federal Budget Benefiting high income earners

In its efforts to boost the economy, the Federal Government is considering bringing the planned income tax cuts forward. The intention behind these cuts is to […]
24 September, 2020
Amnesty means that businesses own up to underpaying Aussies superannuation

Amnesty means that 24,000 businesses own up to underpaying Aussies superannuation

An amnesty scheme which ended earlier this month has caused around 24,000 businesses to admit to underpayment of their worker’s super. A total of 588 million […]
24 September, 2020
What business structure suits your business

What business structure suits your business?

An important decision to make before you start a business is what structure your business will run under. This will reflect into all facets of your […]
17 September, 2020
Flexible workplace arrangements might be the way to go for businesses

Flexible workplace arrangements might be the way to go for businesses

Businesses working from home due to social distancing restrictions can take the opportunity to learn from the experience and consider new work structures coming out of […]
17 September, 2020
Splitting your SMSF assets during divorce

Splitting your SMSF assets during divorce

Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equation can raise even more legal […]
17 September, 2020
Handling deductions for self education expense

Handling deductions for self-education expense

Individuals upskilling and educating themselves during these down times may be eligible to claim a deduction for their self-education expenses. The deductions apply to self-education activities […]
10 September, 2020
Avoiding SMSF disputes

Avoiding SMSF disputes

One of the benefits of SMSFs is the amount of control you have from managing it yourself. However, self-management can leave room for disputes among related […]
10 September, 2020
Division A and private loans

Division 7A and private loans

It is not uncommon for businesses to provide loans to shareholders or associates of a company. However, business owners should know the conditions that their loan […]
10 September, 2020
The critical steps to a successful partnership

The critical steps to a successful partnership

It is a tall order to ask for a business owner to manage everything alone, much less lead their business into success. This is why many […]
24 September, 2020
Amnesty means that businesses own up to underpaying Aussies superannuation

Amnesty means that 24,000 businesses own up to underpaying Aussies superannuation

An amnesty scheme which ended earlier this month has caused around 24,000 businesses to admit to underpayment of their worker’s super. A total of 588 million […]
17 September, 2020
Splitting your SMSF assets during divorce

Splitting your SMSF assets during divorce

Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equation can raise even more legal […]
10 September, 2020
Avoiding SMSF disputes

Avoiding SMSF disputes

One of the benefits of SMSFs is the amount of control you have from managing it yourself. However, self-management can leave room for disputes among related […]
3 September, 2020
Tax implications of exceeding super contributions

Tax implications of exceeding super contributions

A great way to grow your retirement savings is by making regular contributions to your super fund. However, there are limits to extra contributions which when […]
28 August, 2020
What to consider when consolidating your super

What to consider when consolidating your super

The ATO reported that 45% of working Australians were not aware that they had multiple super accounts in 2016. Having multiple super accounts is particularly common […]
20 August, 2020
What is an SMSF auditor and what do they do

What is an SMSF auditor and what do they do?

Self-managed super fund (SMSF) trustees are required to appoint an ATO-approved SMSF auditor no later than 45 days before lodging their SMSF annual return. An SMSF […]
14 August, 2020
Buying property through your SMSF

Buying property through your SMSF

Using SMSFs to buy property has become increasingly popular among Australians in recent years, particularly since it became possible for SMSFs to borrow money to fund […]
6 August, 2020
How to select a default fund for your business

How to select a default fund for your business

Business owners might be required to select a default fund for employees when they do not want to nominate their own superannuation funds. Funds should meet […]
31 July, 2020
How to avoid SMSF disputes

How to avoid SMSF disputes

Self-managed super funds (SMSF) can be vulnerable to disputes, especially when family members are involved. SMSF disputes may be caused by a number of reasons such […]
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