by C&N Accountants | Dec 18, 2024 | ATO, Business, Capital Gains Tax
The past few years have brought plenty of uncertainty, but 2025 offers the hope of greater stability – though there are no guarantees. Here’s a look at the key changes and challenges shaping the year ahead. A Federal Election is Looming Prepare for political...
by C&N Accountants | Dec 12, 2024 | Business
In response to the changing landscape of payments, the government has announced a plan to phase out cheques. The key dates to remember are: cheques will no longer be issued after 30 June 2028 and won’t be accepted after 30 September 2029. The Government is also...
by C&N Accountants | Aug 27, 2024 | Asset Protection, Business, Capital Gains Tax, Superannuation
Going through a divorce is tough, and it’s not just the emotional and financial strain you need to think about. Plenty of issues need sorting out, especially if you’re running a business. What Happens When There’s a Family Company? Suppose you and your partner have...
by C&N Accountants | Jul 11, 2024 | Business, Income Tax, Superannuation
Personal tax & super As you may be aware (thanks to the $40 million public education campaign), personal income tax cuts became effective on 1 July 2024. At the same time, the superannuation guarantee (SG) rate jumped by 0.5% to 11.5%. For employers, it’s...
by C&N Accountants | Jul 2, 2024 | ASIC, Business
In line with an increase in the Consumer Price Index (CPI) for the March quarter, some of ASIC’s fees are increased each year from 1 July. Below is a list of fees for some of our ASIC’s frequent lodgements. GST does not apply to ASIC fees. Company fees...
by C&N Accountants | May 23, 2024 | ATO, Business, Small Business, Tax Audit
The ATO is tightening its grip on business owners who dip into company funds or use company resources for personal purposes. It’s not uncommon for business owners to blur the lines between their personal lives and their business, using company resources as if...
