Superannuation & SMSF Year End Action Considerations As the 2022 Financial Year comes to a close SMSF Trustees should start planning for year end to ensure their administration and audit...
Federal Budget 2022 - What it means for us ordinary peope!
Wednesday March 30 2022
Implications for Individuals, Families and Retirees The Low and Middle Income Tax Offset has been increased by $420 per person to a maximum of $1,500 per person. This offset will apply to...
How to Set up Your Director ID
Monday March 21 2022
Directors are now required to register for a unique identification number that they will keep for life What is a director ID? A director ID is a 15 digit identification number that, once issued, will...
What if your time is limited and you have a Capital Loss?
Tuesday February 15 2022
Gifting or Disposing of Assets, Investments and Property prior to death In life we make decisions that the benefit of hindsight may prevent us from making. Often when these decisions involve...
How To Set Business Goals for 2022 and Beyond !
Monday January 17 2022
Setting goals for your business is an important step in making sure it thrives. While some people might think this is a simple task, it can be more complicated than you may think. We aim to...
Electronic Signing is here to stay
Monday December 13 2021
During the COVID Lockdowns temporary electronic signing regulations were introduced and after several extensions were due to lapse on 31 March 2022. The pandemic has changed the way we do things and...
Strong Identity Strength released for MyGovID
Monday October 25 2021
The MyGovID App has recently been updated to provide the option for individuals to set up a 'Strong' identity strength that includes face verification. Setting up a strong identity strength will...
Extra Step when Hiring Employees
Sunday October 17 2021
Recent amendments to the 'choice of fund' rules mean that employers may need to do something extra when a new employee starts to work for them. Currently, if a new employee does not choose their own...
Expansion of Single Touch Payroll
Friday October 15 2021
As part of the expansion of Single Touch Payroll (known as STP Phase 2), from 1 January 2022, employers will need to report additional payroll information in their STP reports including: Separate...
2021 COVID-19 JobSaver and Micro-Business Grant changes
Monday September 20 2021
Changes to the 2021 COVID-19 Support Packages The 2021 COVI-19 packages continue to be available for those businesses that have suffered a reduction in turnover of at least 30% or those who do...