With the property market continuing to grow, more people are buying, developing and selling property.
With the property market continuing to grow, more people are buying, developing and selling property.
Late last year, the Australian Taxation Office (ATO) released new draft guidance explaining how tax applies to rental properties and holiday homes.
In September, the ATO announced that it will be increasing scrutiny on the tax affairs of privately owned and high-net worth family groups during the 2025 – 26 financial year.
No Matter your business size or industry, we all have those customers who always need more time to pay their bill. When money isn’t coming in on time, your cashflow tightens, planning gets harder, and you end up losing time to chasing unpaid invoices.
Division 296 was first introduced in 2023 as part of the Government’s Better Targeted Superannuation Concessions policy. The original proposal aimed to apply an additional 15% tax on the earnings attributed to the portion of an individual’s Total Superannuation Balance (TSB) exceeding $3 million.
Financial advice is everywhere, on social media platforms like TikTok, Instagram, YouTube, and even through AI chatbots. In particular, there is an influx of information online about Self-Managed Super Funds (SMSFs).