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The quest for secure retirement income:

For many, the long-held promise of the Australian superannuation system as the deliverer of sustainable retirement income is fading from view in an era of low-interest rates and rising risk. But the problem could be that many investors are…

How to avoid investment mistakes

While investing isn’t brain surgery, you do need some level of knowledge and experience to make consistently good decisions. Because let’s face it, making more is more enjoyable than losing it. To help you on your path to success as…

The Director ID is coming

What is the Director ID?  As part of the 2020 Budget Digital Business Plan, the government announced the full implementation of the Modernising Business Registers (MBR) program. The MBR program is being implemented by the ATO and will…
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Home as a place of business during COVID: CGT implications

The COVID-19 pandemic has resulted in more employees working from home than ever before. This, in turn, has resulted in such people being able to claim a range of deductions for various “running expenses” associated with working from home.…

Christmas and the Taxman

When do employee gifts and celebrations attract fringe benefits tax (FBT)? And when are they exempt? Christmas is traditionally a time of giving – including employers showing gratitude towards staff for a job well done. However, Christmas…

How much do I need to start investing?

Far from being the realm of the rich, building an investment portfolio is something that most people can do. It can start as a simple savings plan – a few dollars in the bank – before expanding into a diversified portfolio containing a range…

The unique needs of small business owners

The main reason people go into business for themselves is quite simple – to have more control. However, owning a small business also brings the higher chance of failure and loss. Is the hard work and extra risk worth it? If you are a small…

A guide for selling or closing your business

As a hard-working small business owner you've spent years building your own livelihood and now, for whatever reason, you've decided the time has come to sell or close down your enterprise. To assist you, the Australian Tax Office provides…

Update - JobSaver payments to end on 30th November

Businesses across NSW will continue to have access to the JobSaver program at a reduced rate until the end of November even after the Commonwealth withdraws its support as early as next month. On 4th September, the NSW Government announced…