• jobmaker
    JobMaker Hiring Credits: What We Know So Far
    We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change. More details should be available soon and we’ll […]
  • tax loss
    Refunds for Tax Losses
    If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.  In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously […]
  • investment
    Tax Deductions for Investing in Your Business
    Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use. This means that […]
  • system-outage
    ATO Extends JobKeeper Monthly Declaration After System Downtime
    Despite the business monthly declaration for October JobKeeper payments due on 14 November, the ATO had scheduled its system maintenance for online services for agents over the weekend, effectively affecting access over both days. As such, the ATO has now confirmed it will continue to accept and process late declarations. […]
  • best-worst-smsfs
    3 Best and Worst Super Funds Revealed
    Source: NestEgg Stockspots 2020 Fat Cat Funds report has stated that poor performance is largely due to higher fees, with CEO Chris Brycki highlighting to consumers they would be $200,000 better off if they are in a fund charging less than 1 per cent instead of paying 2 per cent. “One […]
  • Australian Tax Office
    ATO Flags Key Early Access to Super Dates
    In an online update, the ATO said that ATO offices will generally be closed from midday of 24 December 2020 to the start of business on 4 January 2021. The last fund files prior to Christmas will be sent on 24 December 2020 – this will include all approvals up […]
18 June 2018

Your 5 Minute Super Health Check

Even if retirement feels a long time away, it’s important to start thinking about when you’d like to retire, the type of lifestyle you want in retirement, how much debt you have and what assets (including your super) you will have when you finish working. Want to see your super […]
25 May 2015

Planning For Your Retirement

Retirement planning often gets bad press. Why? Most people think they are too young to think about their retirement much less discuss it with their Melbourne Accountant. Retirement is often associated with going grey and yes, even dying. If you are fit, healthy and perfectly happy with your work, should […]
26 December 2013

Planning Business Succession With Your Melbourne Accountant

One of the many areas your Melbourne accountant or Melbourne accounting firm can help you is business success.  As a business owner, it is important to make necessary arrangements on how you can keep your business going in case of accidents, untimely demise or retirement. As you intimately know, your […]
22 November 2013

Generating Money From Your Superannuation

Have you ever stopped to think how you are going to prepare for retirement? How much are you earning? If your income is less than $46,920 annually, then you should know that you can actually take advantage of the superannuation co-contribution scheme offered by the Federal Government. What Is It? […]
Book Consultation