by Ben Smith | Sep 20, 2023 | Featured, Tax & Estate Planning
Have you ever wondered what would happen if you or an older family member lost capacity without having made an Enduring Power of Attorney and Enduring Guardianship appointment? Before we answer this question for you, the difference between these two appointments can...
by Ben Smith | Sep 20, 2023 | Business Intel, Featured
In the modern business landscape, the methods you choose to account for your operations can profoundly shape your understanding of performance. While revenue recognition and accrual accounting provide a foundational view, true mastery over your financial outlook...
by Ben Smith | Aug 23, 2023 | Accounting & Audit, Featured
Cryptocurrency has emerged as a digital asset class gaining widespread attention. As an Australian cryptocurrency investor, it is essential to comprehend its nature and the corresponding tax obligations that come with it. Taxation of Cryptocurrency in Australia: The...
by Ben Smith | Aug 23, 2023 | Everyone, Featured, SMSF Specialists
There’s a good chance you have read in the media about the proposed introduction by the Government of a higher rate of tax for people with superannuation balances above $3 million. Any member with a total super balance (all your superannuation accounts combined) of $3...
by Ben Smith | Jul 19, 2023 | Accounting & Audit, Everyone, Featured, News
National Minimum Wage increase From 1 July 2023, the National Minimum Wage will increase by 5.75%. This means the new National Minimum Wage will be $23.23 per hour, or $882.80 per week. This increase will apply from the first full pay period starting on or after 1...
by Ben Smith | Jun 21, 2023 | Accounting & Audit, Featured
If you employ staff in your business Please complete the ‘EOFY Finalisation’ process in your payroll software (MYOB, XERO, other) by 14/07/23 and lodge this information with the ATO. This replaces the previous process of handing employees their Group Certificates....