Limited options to access your super early
Limited options to access your super early There are very limited circumstances when you can access your superannuation savings earlier than when you meet what the ATO calls a “condition…
Read More 
Security online: More important than ever
Security online: More important than ever Communication over an online channel has certainly become the default these days, and dealing with the ATO is no exception. In fact the transition…
Read More 
Coronavirus – Special Business Bulletin
SPECIAL BUSINESS BULLETIN CORONAVIRUS (COVID – 19) Possible Action Required: Assistance for your business to cope with the Coronavirus effectsAs a business owner, you need to face the possibility of…
Read More 
Succession planning for family businesses
Succession planning for family businesses For most family businesses as well as private groups, succession planning (sometimes known as transition planning) is a wise move to prepare the eventual sale…
Read More 
Superannuation tax offsets you may be able to use
Superannuation tax offsets you may be able to use Tax offsets (sometimes referred to as rebates) directly reduce the amount of tax payable on your taxable income. In general, offsets…
Read More 
Distributions from a discretionary trust
Distributions from a discretionary trust Trusts can be complex, this is an attempt to simplify the topic The purpose of a trust is to separate the legal and beneficial ownership…
Read More 
ATO auto consolidation of super
ATO auto consolidation of super DID YOU KNOW? As part of the Protecting Your Super measures, the ATO has begun proactively consolidating inactive low-balance accounts and ATO-held unclaimed super money…
Read More 
How can you grow your business
How can you grow your business? Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your…
Read More 
ATO cleaning out its ABN cache
The ATO has announced it is cleaning out its ABN cache Not keeping lodgements current or missing reporting deadlines are some of the key indicators to the ATO that a…
Read More