by BKadmin | Apr 19, 2024 | Taxation
As the end of the financial year approaches, employers must prepare to meet their fringe benefits tax (FBT) obligations by the 25th June lodgement deadline. Providing fringe benefits to employees can enhance workplace satisfaction and attract top talent, but...
by BKadmin | Apr 18, 2024 | Taxation
As we approach the end of another financial year, it’s time to review your financial strategies to maximize tax savings and secure your long-term financial well-being. To help you navigate this process effectively, we’ve compiled a comprehensive checklist...
by BKadmin | Mar 22, 2024 | Finance, Taxation
The government recently made changes to the annual superannuation contribution caps as well as confirming that Stage 3 tax cuts will come into effect on 1 July 2024. The below is a summary of the changes which should be reviewed by individuals to ensure their current...
by BKadmin | Mar 22, 2024 | Finance, Taxation
This is the last year to use unused carry-forward deductible superannuation contributions (also known as concessional contributions) accrued in the 2018/19 financial year. With Stage 3 tax cuts on the horizon, now is a great time to think about using carry-forward...
by BKadmin | Mar 22, 2024 | Taxation
Estate planning involves navigating complex tax implications to ensure smooth asset distribution to beneficiaries. Here are 7 key points to consider: Capital Gains Tax (CGT) Rollover: Implications and Benefits Usually, when assets are transferred upon an...
by BKadmin | Feb 23, 2024 | Taxation
Starting July 1, 2025, taxpayers lose the ability to claim tax deductions for ATO interest charges. On 13 December 2023, as part of the 2023–24 Mid-Year Economic and Fiscal Outlook (MYEFO), the Federal Government announced it will amend the Tax Law to deny deductions...
