Business & Tax Accounting | Personal Income Tax Lodgement | Self Managed Super Funds


July 2023 Newsletter

Businesses that have employees, or hire eligible contractors, will need to ensure that their payroll and accounting systems are updated to reflect the new super guarantee rate of 11% for payments of salary and wages that are made from 1 July 2023. […] CONTINUE READING

June 2023 Newsletter

On 9 May 2023, Treasurer Jim Chalmers handed down the 2023/24 Federal Budget. Some of the measures announced by the Government (including some which were actually announced prior to the Budget) can be found in our newsletter. Also on our website you can find the 2023 Individual Tax Return Checklist and the 2023 Business Tax […]

Superannuation end of year Contributions 2023

With the end of the 2022/23 financial year fast approaching, it is again time to consider the rules concerning contributions made to your self managed funds or other superannuation funds for this year. Following are some guidelines regarding current rules and ATO requirements. […] CONTINUE READING

May 2023 Newsletter

The ATO recently released draft guidelines setting out a methodology for calculating the cost of electricity when an electric vehicle (‘EV’) is charged at an employee’s or individual’s home. The draft guidelines may be relied on by employers and individuals who satisfy the required criteria for FBT and income tax purposes respectively, as set out […]

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