myGovID is changing to myID

9 October

Find out about the new name, what’s changing and how it affects you. Soon, myGovID will be changing to myID. The app will have a new name and new look, but you’ll continue to use it in the same way.   What you need to...[Read More]

Property tax concession change talk sparks uncertainty

2 October

Property investors are anxiously awaiting any potential changes to tax breaks after a week of mixed messages on negative gearing and capital gains tax. Prime Minister Anthony Albanese has repeatedly insisted Labor has no plans to touch the tax...[Read More]

Planning to engage a new registered tax agent?

2 October

Learn what you can do to be well prepared before engaging a new registered agent. Are you planning to engage a new registered agent or change the authorisations you’ve given your existing agent? You’ll need to nominate them in...[Read More]

The top 5 advantages of home ownership

28 December

Your decision to purchase a new house is a significant life event, and the thought of becoming a homeowner might be a little intimidating. However, homeownership brings with it several advantages, including the freedom to design your home as you...[Read More]

Cars will need to be twice as green to avoid luxury tax

13 December

Motorists will have to choose cars that use half as much fuel to avoid a vehicle tax in future after changes in a federal budget update. The Luxury Car Tax reforms, announced in the government’s mid-year budget on Wednesday, will mean only...[Read More]

Taxpayers cop fines after using unregistered tax agent

13 December

An unregistered tax accountant exposed her clients to fines and unexpected tax bills after unlawfully lodging hundreds of returns filled with dodgy deductions. Perth-based Jessa Van Stroe, who is also known as Jessa Layola, was not registered with...[Read More]

Tried-and-Tested Tax Planning Strategies for Small Businesses

7 December

Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit.   With a small business tax planning strategy, you can increase profits...[Read More]

Taxpayers to stop funding global fossil fuel projects

6 December

Australian taxpayer dollars will no longer fund international fossil fuel projects, after the government signed on to a global shift towards renewable energy. The government signed on to the Glasgow Statement at the United Nations climate change...[Read More]

Managing Finances and Lifestyle Activities Across the Four Phases of Retirement

2 November

Retirement is a complex period divided into various phases, each with its own set of financial requirements and lifestyle considerations. Understanding how to budget for each stage can help you make the most of your post-career...[Read More]

The importance of personalised advice in navigating ambiguous information

31 August

In an era saturated with information, the need for personalised advice tailored to an individual’s unique financial situation is paramount. Whether it’s in the business world, investment markets, or personal finance, we are bombarded with advice...[Read More]