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ATO Reshape Tax Treatment of Rentals also used as Holiday Homes
The ATO has released fresh draft guidance on its approach to rental property tax deductions, marking a shift in its treatment of rentals also used as holiday homes. Earlier this month, the ATO withdrew its existing ruling on rental property deductions and released a...
Why Invest In Property?
Property investment is a powerful strategy for building long-term wealth and financial security. Let’s explore the key benefits of property investment, how it can play a significant role in your financial portfolio and why many everyday taxpayers use property as a...
Christmas & Cashflow: Practical Tips to Stay on Track This Festive Season
The festive season is a wonderful time to relax, celebrate and connect with the people who matter most. But between gifts, social events, travel and all the little extras, December can quickly become one of the most expensive months of the year. A little planning now...
Understanding the Government’s New 20% HECS–HELP Debt Reduction
If you currently have a HECS–HELP or other study and training loan, there’s some genuinely welcome news. The Australian Government has passed legislation to reduce student loan balances by 20%, with the change flowing automatically to millions of Australians over the...
Payday Super: what it will mean for your business
The Payday Super legislation has finally been introduced to Federal Parliament after years of discussion. Designed to put a stop to wage theft in the form of unpaid super, Payday Super will require employers to pay their employees' superannuation at the same time as...
Festive Gift Giving Without The Tax Tangle
As the year wraps up, many business owners want to thank their employees and clients for their support. Before you start wrapping gifts or planning a celebration, it’s worth understanding the tax rules that apply especially when it comes to fringe benefits tax (FBT)...
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