How Accountants Can Help Save and Make Money for Your Business in 2023/24 Are you a small business owner looking to increase your revenues and profits? Have you ever thought about how an accountant can help you save and make money for your business? As a business owner, you know that it’s important to keep […]
Ways Accountants Can Help Save and Make Money for Your Business in 2023/24 Read More »
what is hubdoc? HubDoc is a cloud-based platform and the ultimate time-saver, simplifying the often-cumbersome task of document collection and organisation. Think of it as your virtual personal assistant. The perks are endless: automatic fetching of financial documents, intelligent categorisation, and secure storage. Not to mention, it integrates easily with accounting software programs like Xero
An In-Depth Look at HubDoc in 2023: The Pros and Cons of the Popular Financial Tool Read More »
Changes are coming to the way superannuation is paid to employees. Starting from July 1, 2026, you will need to pay your employees’ super at the same time as their salary and wages. WHAT YOU NEED TO KNOW The way superannuation is paid to employees is changing, with the Australian government implementing new regulations. Starting
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Proposed 30% Tax on High Super Balances The government proposes a 30% tax on high super balances, as announced on February 28, 2023. Starting from July 1, 2025, any superannuation balances above $3 million will be subject to a concessional tax rate of 30% on future earnings. It’s important to note that this proposal has
Proposed 30% Tax Increase on High Super Balances Explained Read More »
Bring-Forward Rule To Boost Your Super in 2023 As you approach retirement, it’s wise to consider putting extra money to boost your Super this 2023 with the bring-forward rule. If you happen to receive an inheritance or sell an asset, the same applies. By doing so, not only will you give your retirement savings a
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An update on work test removal has provided new opportunities for those approaching retirement. Starting from 1 July 2022, individuals aged between 67 and 74 won’t have to satisfy the work test to make or receive non-concessional or salary-sacrificed contributions to their superannuation. The announcement made in the Federal Budget on 11 May 2021, regarding
Work Test Removal to Empower Older Australians in 2023 Read More »
Re-contributing COVID-19 Early Release Super Amounts Re-contributing COVID-19 Early Release Super Amounts is a complex process but a great way to grow your super funds. Many individuals have been impacted financially by the COVID-19 pandemic, leading to changes in money management. To provide relief during this crisis, the government opened access to superannuation funds under
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Claim Fuel Tax Credits and Reduce Your Business Expenses in 2023 If you own a heavy vehicle, you can apply for fuel tax credits to help with the cost of eligible fuels used. We understand that running a business takes hard work, and savings do matter. With the periodic lodgement of fuel tax credits to
How to Claim Fuel Tax Credits and Reduce Your Business Expenses in 2023 Read More »
Early access to super
2023 Insights on Early Access to Super Read More »
Updated Super Registration
2023 Guide to Updated Super Registration Read More »
