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 | Apr 24, 2024 | SMSF
The ATO has flagged some concerns for SMSF trustees about the casual approach some are taking to asset valuations. More than 16,500 self-managed super funds have recorded the same asset values year after year for three years straight. Many of these are tied up in...
by C&N Accountants | Apr 2, 2024 | Business, Small Business, Wealth Planning
Have you ever wondered what your business is worth? If you’re like many small business owners, your business isn’t just another asset; it’s likely your biggest one and probably a significant part of your retirement plan. So, what makes some...
by C&N Accountants | Mar 4, 2024 | Superannuation
Exciting news for super contributors! As of July 1, 2024, you’ll have the opportunity to contribute more to your super thanks to increased caps. Here’s a detailed guide on how to leverage these changes for your financial benefit. Understanding the New Caps The new...
by C&N Accountants | Feb 12, 2024 | Property Investment, SMSF, Superannuation
In Australia, property investment holds a significant appeal, notably due to the attractive 15% preferential tax rate on income during the accumulation phase and the potential for tax exemption during retirement. This has led many SMSF trustees to consider property...