by kirstyb | Jul 24, 2023 | ATO
Understanding your ATO notice of assessment can change how your tax is calculated. A Notice of Assessment is generally issued to us individually by the ATO when we lodge, and the ATO ultimately processes our individual income tax return. Recently, the ATO confirmed...
by kirstyb | Feb 27, 2023 | ATO, Interest Rates, Land Tax, Property Investment, stamp duty
The rising costs of Land tax bills are arriving across the State of Victoria, and many have been left stunned by staggering increases. Speaking to many clients and listening to many of the media outlets like 3AW and the nightly news services, its being reported that...
by kirstyb | Feb 27, 2023 | ATO, Business, Business Support
An area that often gets private companies into hot water, is the blurred line between the company’s money and the owner’s money. This is an area that many clients often tend to get wrong and is a frequent item on the ATO’s radar. This is what is referred to as...
by kirstyb | Feb 13, 2023 | ATO, SMSF, Superannuation
Even in death, taxes will follow, so you may be wonderng how is your Superannuation is taxed upon death? Generally speaking, how tax applies & what tax will arise to your superannuation benefits depends on your age, the source of your superannuation, and how...
by kirstyb | Jan 31, 2023 | ATO, Economy, Interest Rates
Interest Rates – They Just Keep Rising… Rising interest rates are on everyone’s mind. But are rising mortgage interest rates something to be scared of? We thought that we would answer some of the more common questions that the team are being asked. What is the best...
by kirstyb | Nov 30, 2022 | ATO, Business, Small Business
It can be hard to know when to register GST for your business. Were here to break it down in simple terms on what do to. Many businesses in Australia are registered for Goods and Services Tax (GST) however, there are businesses that fall below the $75,000 GST...