In order to help you with your tax return, we have provided a checklist which outlines the income and fees required to reveal to the ATO when presenting your return. Additionally, we have also given a general idea of the…
Grief is generally the number one thing you’ll feel when you lose someone close to you, but for women who lose their husbands, there may also be a fear of whether they’ll be able to handle their finances without their…
The start date for employers with 19 or less employees is set to begin 1 July 2019. To help employers ensure they will be STP ready, we have provided some of the best ATO resources to assist in the transition. ATO…
In a move to implement key superannuation reforms designed to protect individual Superannuation members, the Federal Government has passed the Treasury Laws Amendment (Protecting Superannuation Package) Act 2019, which introduces the following changes that may impact you. If you have…
Did you know that women tend to worry more about money than men? Around 42% of women stress over their finances daily or weekly, which turns out to be quite a bit more than the overall amount of men that…
Saving money is something that almost everyone strives to do – and fortunately, there are often plenty of ways that a person could reduce their outgoings to save a little extra cash. Because of this, keeping a few money saving…
Subdividing a block of land can be a way to make extra cash on a part of land that may not be used otherwise. Usually, the profit made from selling this subdivided piece can either be counted as capital gain,…
The margin scheme is a method of calculating the Goods and Services Tax (often abbreviated to GST) that needs to be paid when they sell a property through their business. The margin scheme is only applied if the property’s sale…
While having a personal insurance plan at any age can be a wise idea, those who are close to reaching the age of 35 should definitely consider it. Why? A major insurer, TAL, recently released statistics that showed that, for…
When you are earning foreign income (from overseas) and are an Australian resident, you need to declare this on your Australian tax return. While the ATO will be able to help you to determine if you qualify as an AU…