About the boost If you are a small business with an aggregated annual turnover of less than $50 million, you may be entitled to an additional 20% tax deduction on any expenses incurred to support your digital operations or to…
From the 2 – 8 October, Australia will be celebrating the 23rd Financial Planning Week. Each year, Financial Advice Association Australia (FAAA) and its members celebrate Financial Planning Week to raise awareness about the benefits of financial planning amongst Australian…
What is ‘Living the dream’? The definition of living the dream can be different for each of us, however in some recent research conducted by the Financial Planning Association (FPA), the top 3 indicators of a dream life include: Having…
If you have received or have given a gift of crypto assets you will need to consider the tax implications that can occur. Giving a gift or donation in crypto By donating or gifting crypto assets you are essentially disposing…
The global economy has continued to slow in response to severe measures taken by most of the world’s major central banks, especially across the advanced economies, to counter rising inflationary pressures. As the International Monetary Fund (IMF) noted in its…
When lodging your 2023 tax return you may notice that your tax outcome may be different than in previous years. Your refund may be lower or you may receive a tax bill. Your tax return outcome may change for any…
There’s more to cryptocurrency then just buying and selling. It’s important you understand your tax obligations. If you exchange crypto for goods, cash, or other cryptocurrencies then it’s likely a disposal for the purposes of capital gains tax. Then a…
Even if you’re nearing retirement and haven’t consulted a financial planner before, there is still a considerable amount of help and advice you can benefit from. For most of us, the big questions around our retirement will include: When can…
For IWD 2023 the campaign theme is Embrace Equity which, in part, means to understand the journey required to achieve equality. Although societies have come a long way since the first IWD – there remains a chasm when it comes…
Being tax-smart when investing in property means more than making the right property choices. If you use your property to earn income at any time, you need to: Keep records from the start Work out what expenses you can claim…