Our Blog
Why is my tax refund so small?
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with...
Changes to SMSF Reporting.
SMSF reporting changes from 1 July 2023 If you have an SMSF with a total balance of less than $1 million, from 1 July 2023 you will need to report quarterly to the ATO instead of annually. Previously, SMSFs with a balance under $1m reported annually at the same time...
Super Contributions
Super contributions: did you miss the due date? Find out what you need to do now: Super contributions: did you miss the due date? | Australian Taxation Office (ato.gov.au)
Deadline for Director ID – 30 November 2022
The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022. All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation (ATSI)...
Budget Update
Last night, the Labor Government handed down their first Federal Budget in a decade. There were wins for families in need of daycare and housing but bad news for many with the cost of living continuing to skyrocket. Read the full summary > Budget 2022-23 2.0