If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these [...]

Super guarantee rate increase to 10%  On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% - the first rise since 2014. [...]

We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, [...]

Australia is facing a shortage of skilled labour. When the supply of staff dry up the focus often turns to retention. But the first step is to [...]

Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s [...]

The principle of ‘salary sacrificing’ may not sound very appealing. After all, who in their right mind would voluntarily give up their hard-earned cash. But it can [...]

The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, [...]

Changes from 1 July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation [...]