ATO Finalises Section 100A Guidance for Family Trusts
Do you operate your business via a family trust? The ATO released its final guidance material on the application of section 100A on 8 December 2022 – TR2022/4 and PCG 2022/2. In doing so, it has fortunately clarified a number of issues. To recap, the ATO in February 2022 updated its guidance ...
Microsoft Teams Calling
Are you wanting to collaborate simply and seamlessly with your staff and clients from any location – working from home, on the road or on-site/in the office? Are you finding your office phone system is outdated and you don’t know what to replace it with? Microsoft Teams Calling is a ...
To Buy or Rent?
It’s the ultimate property conundrum – to buy or rent? The answer is: it depends. Deciding whether to buy or rent a property depends on various factors such as personal preferences, financial situation, and the state of the housing market. A decline in home prices could be beneficial for buyers ...
Personal Accident Insurance
If your income and livelihood rely on your physical wellbeing, then you should strongly consider taking out a Personal Accident and Sickness policy. If you experience an accident or illness that prevents you from earning an income, Personal Accident and Illness cover can provide you with a ...
Buying Shares for Kids
Many parents and grandparents worry about how to help the children in their lives achieve financial independence. But the value of long-term investment can seem like a dry and complicated idea for kids to get their heads around. In fact, many young people would like to know more about money, ...
Paid Family and Domestic Violence Leave
Employees of non-small business employers can now access 10 days of paid family and domestic violence leave in a 12- month period. Employees of small businesses (employers with less than 15 employees) can access the leave from 1 August 2023. Key points Full-time, part-time and casual employees ...
Planning For Your Retirement
February marks the end of summer holidays for many of us and getting down to business in 2023. It can be a good time to reflect on plans and goals for the months ahead. If you are planning your retirement, don’t leave it too late to work out the important details. Your super needs careful […]
IT Security Audits
The cyber world is ripe with threats, and Australia is not immune. IT specialists are constantly bracing themselves against a security breach in their system. To prevent these potential threats from becoming an attack, businesses must be proactive and have an effective cybersecurity strategy in ...
Rising cost of Insurance
Most people have probably noticed that their domestic (Home, Motor etc.) policies have increased more than normal over the last few months. We are consistently seeing increases of between 10 – 50% on Home & Motor policies. A couple of reasons for this: Natural disasters – recent floods and ...
Getting Your Budget Back On Track
The Festive Season is often a time of indulgence and, while that’s natural, many people do take things a little too far and spending can easily spiral out of control. If you’re unsure how to get your spending back on track for 2023, here are some ideas to help you recover financially in the ...