Do you have insurance with your super?
Most super funds offer insurance as part of their super plan. It is important to be aware of what types of insurance you are covered by th..
Tips to speed up invoice payments
Taking care of invoice and billing payments can often be an onerous task for many small businesses. However, very few things are more impo..
SMSF schemes for illegal access of super
The ATO has issued a warning for Australians to be aware of scheme promoters that promise to allow you to withdraw your superannuation ear..
Don’t delay new business ideas
Many business owners have exciting ideas about where the future might take their company. These ideas may be concerning new products, inte..
Removal of the main residence exemption for non-residents
The government has changed capital gains tax (CGT) rules for foreign residents under the Treasury Laws Amendment (Reducing Pressure on Hou..
Closing the office for the holidays
As the holiday season approaches, the workplace often gets more relaxed as things wrap up. However, closing the business for the holidays ..
Tax on gifts and donations
Individuals can claim tax deductions when giving gifts or donations to organisations that have the status of deductible gift recipients (D..
Proposed measures to increase retirement savings
Currently, people aged 65 to 74 can only make voluntary superannuation contributions if they meet the ‘work test.’ This means they must re..
Doing market research for your business
Market research is key to developing relevant and effective business strategies as it helps you understand your industry, customers, compe..
What you need to know about BFAs
A Binding Financial Agreement (BFA) is the Australian equivalent of a prenup. It is used to agree in advance on how a couple’s property an..