Changes to personal income tax
The Federal Government recently announced tax cuts for all Australian individual taxpayers, effective from 1 July 2024. This means that every taxpayer will be paying… from Changes to personal income tax
Author: Liam Drady
Posts by Liam Drady
New draft guidance on family trust beneficiaries
The ATO recently released new draft guidance material on how trusts distribute income. Under this new guidance, many family groups may pay higher taxes. Currently,… from New draft guidance on family trust beneficiaries
AirBnB and things you may not know
Living in a ādestination locationā such as the Geelong region can provide a unique opportunity to rent out your home as a holiday house for… from AirBnB and things you may not know
How well do you know your accountant?
When you think about your relationship with your accountant what thoughts immediately come to mind? Sharp haircuts? Your tax? An abacus? How to best manage… from How well do you know your accountant?
Federal Budget 2022 – Other areas
Temporary reduction in fuel excise The Government announced it will halve the excise and excise-equivalent customs duty rate that applies to petrol and diesel for… from Federal Budget 2022 – Other areas
Federal Budget 2022 – Superannuation
Extension of the temporary reduction in superannuation minimum drawdown rates The Government announced it will extend the 50 per cent reduction of the minimum drawdown… from Federal Budget 2022 – Superannuation
Federal Budget 2022- Individuals
Low and middle income tax offset to be increased The Government will increase the low and middle income tax offset (LMITO) by $420 for the… from Federal Budget 2022- Individuals
Cryptocurrency and tax
We are noticing an increase in clients who have purchased and/or sold cryptocurrency in the past 12 months. Often these clients do not realise there… from Cryptocurrency and tax
