Blogs & Resources

SMSF Documents Updated

SMSF Documents Updated

Hi Everyone, This post is to add some of our important documents to our website.  Feel free to share these documents and any feedback is welcome. SMSF Take Back Control (Existing SMSF's) Supervision's Online Services (Super Gateway) SMSF Capability Statement SMSF Take...

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COVID-19 Rent Relief & SMSF’s

COVID-19 Rent Relief & SMSF’s

1. Trustees Obligations to SMSF Members a. All decisions are made to maximise growth in retirement savings of the member/s. 2. Applying Trustee Obligations to COVID-19 Rent relief and State rules. a. SMSF's should not offer rent relief to tenants unless; i. The...

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Job Keeper – Information & Instructions

Job Keeper – Information & Instructions

We wanted to update you with the most current information for the JobKeeper Scheme as of 14 April 2020. The ATO has released the following operational guidelines. We are here to help you understand and navigate the tasks required over the coming weeks. There are some...

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COVID-19 Stimulus Legislation has Passed

COVID-19 Stimulus Legislation has Passed

Late on Wednesday, 8 April 2020, Parliament passed the Coronavirus Economic Response Package (Payments and Benefits) Bill 2020 and the Coronavirus Economic Response Package Omnibus (Measures No. 2) Bill 2020.  The first of these measures authorises the introduction of...

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2nd Government Stimulus Package

2nd Government Stimulus Package

Income Tax Instalments – all businesses The Australian Tax Office (ATO) will provide administrative relief for certain tax obligations (similar to relief provided following the bushfires) for taxpayers affected by the Coronavirus outbreak, on a case-by-case basis....

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COVID19 Workplace Law Guidance

COVID19 Workplace Law Guidance

Where can I get information on health and safety in the workplace? • The Australian Government Department of Health • WA State Public Health Unit • Safe Work Australia • WA State workplace health and safety body • Comcare (Commonwealth) – for Australian government...

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COVID19 Economic Stimulus

COVID19 Economic Stimulus

To all our valued Clients and Supporters, Following on from our most recent communications to you late last week, we wanted to provide you with further information on the impact of COVID-19 to you, your business and the greater community as we see it. We have taken...

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Catch Up Concessional Contribution Cap

Catch Up Concessional Contribution Cap

There is an exciting opportunity for eligible Australians starting this financial year. It is the ability to bring forward unused concessional contribution caps from prior years if your individual members balance is under $500,000. Whilst the existing concessional cap...

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2019 Budget Proposed Superannuation Changes

The budget has not uncovered any major Superannuation changes. With the call on the election date imminent, this budget has left out any changes that could be considered controversial. You will see below that minor tweaks have been preferred to further structural...

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Single Touch Payroll

Single Touch Payroll

From the 1st of July 2018, employers with 20 or more employees will be required to report payments such as salaries and wages, pay as you go (PAYG) withholding and super information in real time. Businesses with 19 or less employees will have another year to comply...

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Deductible Contribution Opportunity

Deductible Contribution Opportunity

If you want to reduce your personal tax this year, you are able to take advantage of changes to the Superannuation contribution rules. In the past, unless you were salary sacrificing, salary and wage earners were not able to contribute to Super to reduce their taxable...

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First Home Super Savers Scheme

Are you currently saving for your first home and want some tax relief? The Australian Government has created this scheme to help first home buyers save for a deposit on their first home. To qualify, you cannot have previously owned a property in Australia. In...

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