The cost of living has eased over the past year, but consumers are still under pressure. For business, planning is the key to managing Christmas volatility....
Beyond the difficult task of dividing up your assets and determining who should get what, it’s essential to look at the tax consequences of how your assets will flow through to your beneficiaries....
If you are aged 55 years or older, the downsizer contribution rules enable you to contribute up to $300,000 from the proceeds of the sale of your home to your superannuation fund (eligibility criteria applies)....
From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their employees on the same day as salary and wages instead of the current quarterly payment sequence....
ASIC’s annual insolvency data shows corporate business failure is up 39% compared to last financial year. The industries with the highest representation were construction, accommodation and food services at the top of the list....
Some landlords have been quite severely impacted by the financial hardships their tenants are going through. Some properties may even be untenanted at the moment, and maybe for some time yet....
It’s probably not surprising that many of us put planning for retirement in the too-hard basket or put it off until the proverbial “later”. After all, the question “How much money will I need to have saved to live out my golden years in comfort?” is very much a “How long is a piece of string?” one....
On 1 July 2024, the Victorian Government’s new Commercial and Industrial Property Tax (CIPT) came into effect. It’s been created to replace land transfer duty (stamp duty) in an attempt to support business investment, encourage businesses to expand or relocate, and promote more efficient use of commercial and industrial land....
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never that simple....