• insurance policy
    Am I Taxed on An Insurance Payout?
    Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people would assume that if and when they need to claim on their insurance, the insurance payout covers the damage and […]
  • changes-ahead
    What Changes on 1 July 2021?
    Super guarantee rate increase to 10% On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise since 2014. It will then steadily increase each year until it reaches 12% on 1 July 2025. The 0.5% increase does not mean that everyone […]
  • Superannuation
    Super Guarantee Rate Rising 1 July
    On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. If you have employees, you will need to ensure your payroll and accounting systems are updated to incorporate the increase to the super rate. If you need help to work out how much super you need to […]
  • skilled migration
    Is It Time for Australia to Rethink Skilled Migration?
    Source: NestEgg When borders reopen, Australia has a chance to reshape its migrant policy, with an opportunity to target younger, more skilled workers, a think tank has revealed. Australia is not attracting the right migrants, instead it should focus on simplifying the process, taking in younger skilled workers, and paying them […]
  • Fringe Benefit Tax
    FBT Exemption, LMITO Tax Bill Introduced Into Parliament
    Source: Accountants Daily Treasury Laws Amendment (2021 Measures No. 4) Bill 2021 was introduced to the House of Representatives on Wednesday and contains two tax measures included in the Morrison government’s 2021–22 federal budget.  The first of them is the government’s FBT exemption, which will provide employers with a way […]
  • cryptocurrency
    ATO Sheds Light on Crypto Compliance Focus
    Source: Accoutants Daily Speaking at a tax-time tips seminar on Thursday, ATO assistant commissioner Adam O’Grady warned tax agents and taxpayers that his office will be closely watching all capital events related to cryptocurrency come tax time.  “It is really important for all capital assets; we will be looking to […]
17 January 2017

Distressed assets: business bargain or cash sinkhole?

As often happens in real estate, some people seek to profit by taking on distressed businesses and turning them around. Is this a wise strategy though, or a sure-fire way to lose money? For Andrew Lupton, co-owner of Nonna’s Gourmet Sausages and Deli, acquiring distressed assets has been a key factor […]
11 April 2016

How to Acquire a Business in Melbourne

Melbourne is a great city not only for tourism but also for business. It is vibrant, modern and full of people which easily makes the economy thriving. If you wish to start a business here, one option is to buy an existing company. Well, this move is undoubtedly laden with […]
29 February 2016

Why Hire a Melbourne Accountant When Acquiring a Business?

The city of Melbourne is a choice spot for businesses. No wonder many of Australia’s biggest companies chose it to house their head offices. If you’re planning to have your own business in this thriving city, acquiring an existing company might pique your interest. Buying a business in Melbourne or […]
11 November 2013

The Business Of Buying A Business

Are you contemplating on growing your business enterprise by buying an existing business? Acquiring businesses is one of the fastest ways to double your market share and increase the profitability of your company. In such undertaking, you will want to seek professional help from a reliable Melbourne accountant aside from […]
30 October 2013

Melbourne Accountant Advice: Finding A Business To Buy

One of the best and common solutions to working towards financial freedom is owning a business. For many people who don’t want to go through the hassle off starting a business from scratch, buying an existing one presents an excellent alternative. Such venture of course entails significant savings. To best […]
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