Australian Federal Budget 2021 - Implications for Individuals
Thursday May 13 2021
The 2021 Australian Federal Budget included some measures which will assist individual taxpayers. The Budget is focused on continuing Economic recovery once again and some measures have been extended...
Estate Planning & Ensuring your Peace of Mind
Friday February 26 2021
Estate planning is a subject that we don't like to think about but in its simplest form it is just about ensuring peace of mind. It is about making sure that the investments you make now...
Downsizer Contributions and a Part Disposal
Tuesday December 08 2020
Recently administrative binding advice from the ATO confirmed that a part disposal of a home can be used for downsizer contributions. The administrative binding advice means that a person can...
NSW 2020 State Budget and what it means for you from a practical perspective...
Thursday November 19 2020
The NSW 2020-21 State Budget was delivered with a focus on assisting recovery in our State. There were many initiatives some relevant to business and others to the residents of our state more br...
Have you thought about your Estate if something was to happen to you?
Thursday September 03 2020
As we go about our everyday activities we often don't consider what would happen to our assets (our estate) if something was to happen to us. Some of us go as far as having a will prepared...
Thinking about buying your first home.......
Thursday August 06 2020
If you are considering purchasing your first home there are a number of Homeowner Grants and Concessions that have been made available since early 2020. The majority of these measures are...
Year End Tax Tips for Individuals for 2020
Thursday June 25 2020
As we approach the end of the tax year there are some things to bring to your attention. Many of these you will know from prior years however there are some changes. In particular...
Proposed Residency Rules as issued by the Board of Taxation
Wednesday February 05 2020
In March 2019 the Board of Taxation delivered to the Treasurer it’s preferred model for simplifying the rules around the determination of individual residency. The proposed rules aim to...
ATO and 2019/2020 Bushfire Assistance
Wednesday January 22 2020
Following the devastating bushfires across large parts of Australia in the summer of 2019/2020, the ATO has offered ongoing concessions. In particular, a specific helpline (1800 806 218) has...
Taxation Update for Rental Property Owners
Sunday July 28 2019
Are you a rental property owner or landlord? Would you say you were ‘on top’ of your rental deductions? Not sure if your tax claims are correct? With non-compliance becoming...