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The Super Guarantee Rules Catching Venues and Gym Owners by Surprise
If you're a business owner, the last thing you want is unexpected financial obligations sneaking up on you, especially those tied to superannuation. Recent developments have highlighted that venues, gyms, and many other businesses may unknowingly be exposed to...
The Super Guarantee Rules Catching Venues and Gym Owners by Surprise
If you're a business owner, the last thing you want is unexpected financial obligations sneaking up on you, especially those tied to superannuation. Recent developments have highlighted that venues, gyms, and many other businesses may unknowingly be exposed to...
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Unpaid Superannuation: A $3.6 Billion Concern
Australia's workforce is currently owed a staggering $3.6 billion in superannuation guarantee payments, as revealed by the latest estimates from the Australian Taxation Office (ATO). While on the surface, the compliance statistics for employer superannuation guarantee...
Maximising Your Refund: A Deep Dive into Tax Offsets and Benefits
Tax offset is a common term used during tax season. According to the Australian Taxation Office (ATO), a tax offset can directly reduce the tax payable by an individual on their taxable income in a financial year, provided they are eligible for it. In this blog, we...
Navigating the GST Maze: Chobani’s Flip Yoghurt Case
Have you ever wondered why some foods are exempt from GST while others are taxed? A recent Administrative Appeals Tribunal (AAT) encounter sheds light on the intricate balance between GST-free and taxable foods. Origins of the Divide Back in 2000, when the Goods &...
Understanding the Lump Sum Payment in Arrears Tax Offset
Are you wondering about the Lump Sum Payment in Arrears tax offset (LSPIA)? Let's break it down in a way that's easy to understand. What is a Lump Sum Payment In Arrears Tax Offset? If you receive a significant lump sum payment tied to a previous year's earnings,...
Top 5 Key Considerations for Refinancing Your Investment Property Loan
Thinking About Refinancing Your Investment Property Loan? Here's What You Need to Know If you're not thrilled with the interest rate currently attached to your home or investment loan, exploring refinancing for a better deal might be a good idea. But remember that...
Exploring Self-Education Expenses: What’s Eligible and What’s Not
The Australian Taxation Office (ATO) recently rolled out a fresh draft ruling concerning self-education expenses. Let's dive into the intricacies of what you can or cannot claim when it comes to your educational pursuits. Claiming Work-Related Study Expenses If you're...
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What’s Ahead for 2025?
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...
Say Goodbye to Cheques: What You Need to Know About the Transition
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Rental Tips for Property Investors
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The Rise of Rooming Houses as a Smart Investment
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