• 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 […]
  • Government Scraps Work Test for Voluntary Superannuation Contributions
    The government has announced it will allow individuals aged 67 to 74 years (inclusive) to make or receive non-concessional (including under the bring-forward rule) or salary sacrifice superannuation contributions without meeting the work test, subject to existing contribution caps. Individuals aged 67 to 74 years will still have to meet the […]
  • ATO tax tables
    ATO Offers Lodgement Deadline Support
    The Tax Office on Friday announced that tax practitioners still affected by the impacts of COVID-19 can now request for help through a dedicated phone line linked to the tax agent lodgement program fast key code. “I have been so proud of the way the tax profession has stepped up […]
  • Your SMSF: When Expenses and Investments Are Not at Arm’s-length
    We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members). We’ve set out some of the common questions and answers. […]
19 September 2018

Starting A Business

So, you’re starting a business… Whether you’ve been plotting it for years or just recently decided to go for it, starting your own business is a big leap. Now that you’re taking the first steps, pause for a moment to consider some often-overlooked factors that will set you up for […]
21 November 2016

Starting A Business

Small business owners are in a unique financial position, especially when they start planning for the future. Many won’t have the same range of financial assets that employees develop over their career, and plenty will be relying on the business to provide for them and their families when they step […]
19 November 2015

7 Tips in Growing Your Business

Unless you are quite happy just ticking over, it is likely that you will be looking for ways to develop and grow your business. These 7 steps can set you off in the right direction Review Your Business Plan Regular assessment of your business plan enables you to measure your […]
30 March 2015

Starting A Business

Why Start-ups Need To Hire A Melbourne Accountant? It’s no secret that most start-up businesses work with limited resources, which is sometimes the reason why entrepreneurs forego the need to hire a Melbourne accountant or a small accounting firm in Melbourne. While the DIY approach may save you money, getting […]
2 May 2014

HOW TO START A BUSINESS IN AUSTRALIA

One can find a number of sources that can help with the formal requirements of starting a business. These sources can be online or offline information resources that try to ensure that one do it in a proper way. But these resources tend to be either over complicated, too long […]
23 September 2013

Guide To Choosing The Right Business Structure

Get A Melbourne Accountant To Help You With Business Structuring  A lot of business owners often assume they only need to consult a Melbourne accountant when their business is already thriving and when it’s time to pay their tax dues. However, seeking the expert advice of a Melbourne accountant is […]
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