• 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. […]
22 January 2019

Tax Tips for Newlyweds

The tax implications of marriage probably aren’t the first thing on your minds as newlyweds. Don’t fret, like you, many have not given given any thought to the potentially important tax consequences of their new married status. If you are tying the knot anytime soon, check out these tax tips […]
2 May 2017

Top 5 Overlooked Tax Deductions

With the end of the financial year fast approaching, it’s a good time to discuss tax deductions – especially those deductions often missed by taxpayers like you. We have compiled the commonly forgotten tax deductions. Take a look below – do any of these deductions apply to you? Are you […]
21 April 2016

Tax Minimisation for Melbourne Taxpayers

Taxpayers are encouraged to try tax planning to make sure they pay the least amount required. This is a good opportunity to get the most out of your earnings or profits without escaping from your responsibility to the government. If it’s your first time to do tax planning or you […]
16 March 2015

Top Tax Deductions For Tradespeople

  Being in the trades and building industry, you need a Melbourne Melbourne accountant who understands your business and the intricacies. Here at Melbourne Accountant, we appreciate the unique nature of the trades including the importance of cash flow, quoting, job costing, scheduling, progress payments, retention and variations. This is […]
20 February 2015

Tax Loopholes To Explore With Your Melbourne Accountant

Should businesses shoulder a fair share of taxes compared with hard-working Australian people? We might see this question discussed more in coming years. Using an international shell-game to move earnings away from the tax man, corporations legally avoid taxes in countries like Australia, even though they earn billions here. Similar […]
17 December 2014

Tax Tips For 2015

As a self-employer or founder of a small business, it can be difficult to navigate the waters of the ATO annual exam (i.e. taxes), especially without the expertise of a Melbourne accountant. Though you can and should utilize the services of tax professionals, Melbourne accountants and bookkeepers and even software, […]
28 October 2013

Understanding the Importance of Tax Planning

One of the main functions of a Melbourne accountant aside from providing assistance in tax compliance is tax planning. Taxes, as we all know are a fact of life and whether we like it or not, if affect important aspects of our business and personal lives. In fact, one might […]
23 October 2013

Small Business Tax Saving Tips

Year end is just around the corner and it’s the time of the year again when private individuals and business owners need to compute their tax due with the assistance of a Melbourne accountant. As you may have already know, the services of a Melbourne accountant is not only limited […]
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