Division 296 Tax: Debate grows over proposed super tax on balances above $3m
The Division 296 tax, set for July 2025, targets super balances over $3 million with a 15% tax on unrealised gains. Industry groups and politicians are raising concerns.
Read moreProperty and ‘lifestyle’ assets in the spotlight
Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up.
Read moreIt wasn’t me: the tax fraud scam
You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you. What happens now?
Read moreBuilding a strong employer brand on social media
A strong employer brand is the foundation of effective recruitment. Your brand is what makes your company stand out to potential candidates.
Read moreMore like insurance "is it worth it" analysis
A financial planner suggesting an insurance needs analysis is like a personal trainer recommending a warmup before a workout–it may not be the most exciting part, but it’s crucial for long-term health
Read moreDon’t lose track of your market
Here’s a story with a good moral for any budding entrepreneur.
Read moreHow to get more Google reviews for your business
When potential clients search for your business on Google, they see your profile, location, and customer reviews. Positive reviews boost your star rating, attracting more people to your services.
Read moreThe problem with marketing
Often when business engage with marketing they don’t know where to start. It’s complex and confusing, we know that and our partners at MSQ try and make it easier for any business they work with.
Read moreWhen is a gift not a gift?
The Tax Commissioner has successfully argued that more than $1.6m deposited in a couple’s bank account was assessable income, not a gift or a loan from friends.
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