News
ATO debt on hold notices
Please be aware the Australian Taxation Office can put a debt on hold if they determine it is uneconomical to pursue. This could be due to one of the following reasons: the age of the debt, the...
Importance of seeking professional advice for business owners
Whilst small businesses play a crucial role in the economy and can be incredibly rewarding for business owners to fulfill their business venture goals, there can also be many challenges and mistakes...
Tax planning end of financial year checklist – 2023FY
With the end of the 2023 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. Yes the notes within this newsletter...
Due diligence when purchasing a business
When considering to buy a business, it is essential to conduct due diligence to thoroughly investigate all aspects of it before making a binding decision to buy. The due diligence process involves...
Record keeping for investment properties
When you own an investment property, it is important to keep records of all associated costs and expenses for the whole duration that you own the property. Good record keeping will not only help...
Changes to Queensland Land Tax Rules
Changes to Queensland Land Tax RulesFrom 30 June 2023, land tax for Queensland landowners will be calculated based on their Australia-wide landholdings. Queensland land tax payable will still be...
Tax Planning End Of Financial Year Checklist – 2022 Financial Year
With the end of the 2022 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. As always, we are here to assist...
Director Identification Number
Director Identification Number (Director ID) Overview As part of the new government program, Modernising Business Registers (MBR) introduced in 2020, there is a new requirement for all directors of...
Tax planning End of 2021 financial year checklist
With the end of the 2021 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. As always, we are here to assist...
Disclaimer: This article contains general information only. The information contained in this article is not designed to be a substitute for professional advice as such a brief guide cannot consider and cover all individual needs, objectives, circumstances and conditions applying to the law as it relates to these items mentioned in this article. No responsibility can be accepted for errors, omissions or possible misleading statements or for any decisions or actions taken as a result of any material in this communication. Appropriate expert advice should always be considered from a professional financial adviser prior to making any financial decisions. Liability limited by a Scheme approved under Professional Standards Legislation.