Paying tax on term deposits
The interest you earn from term deposits is subject to tax, just like your regular income. You have to declare investment income on your t..
2019 Updates to the Pension Loan Scheme
Changes have been made to the Pension Loan Scheme (PLS) under the federal government that came into effect 1 July 2019. The updates aimed ..
Pros and cons of hiring an intern
With so many eager school-leavers looking for employment opportunities, hiring an intern can seem like a good way to offer work experience..
Making NRAS claims
The national rental affordability scheme (NRAS) started on 1 July 2008, encouraging large-scale investment in affordable housing. It offer..
Does your SMSF meet the sole purpose test?
If you have a self-managed super fund (SMSF), then you need to meet the sole purpose test to be eligible for the tax concessions that are ..
What to include in a business partnership agreement
Entering into a business partnership can come with conflicts and misunderstandings between you and your new associate. This is why having ..
What you need to know about investment bonds
Investment bonds are a practical investment option for those who earn a high income and seek long term tax efficiencies.
Investment bonds,..
Using technology to improve workplace safety
Ensuring the safety of employees in the workplace should be one of the top priorities for managers and business owners. This will not only..
CGT concessions for shares and trust interests
For taxpayers wishing to access the small business capital gains tax (CGT) concessions for shares in a company or interests in a trust, th..
Super when you’re self-employed
If you are a sole trader, or in a partnership, then you are not obligated to make super guarantee (SG) payments for yourself. However, you..