by James Carey | Feb 12, 2024 | News
Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees to dream of large returns from property development. We look at the...
by James Carey | Feb 1, 2024 | News
The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government. What will change? It’s not a sure thing yet! How did we get here? What now? After much speculation, the...
by James Carey | Aug 29, 2023 | Individual Tax, Self-Managed Superannuation, Tax
Division 293 Tax: What You Need to Know Here’s a summary of what you need to know about Division 293 Tax: What is Division 293 Tax? How will you know if you owe the tax? How is Division 293 Tax calculated? Special cases & considerations Releasing...
by James Carey | Jun 14, 2023 | Business Services & Advice
Our 2023 EOFY update and actions for individuals will give you an overview of tax changes and some actions you can take to reduce your tax exposure and minimise risk of an audit. Reducing your tax exposure, maximising the opportunities available to you, and reducing...