Posts

New ATO Powers - International Exchange of Tax Information

We urge all of our clients to ensure you carefully check and disclose all foreign income (both here and abroad), now that new global reporting standards have recently commenced. The Common Reporting Standard (CRS) is the single global…

Beware bitcoin tax scammers

The ATO has issued a warning to beware of scammers impersonating the ATO and demanding Bitcoin or other cryptocurrency as a form of payment for fake tax debts, with over $50,000 already paid in Bitcoin to scammers claiming fake ATO tax debts. Because…

NOT A SCAM OR HOAX – recent Super alert from ATO

If you have recently received correspondence from the ATO regarding unclaimed Super, most likely it is not a hoax or scam. The ATO may have recently contacted you by email, SMS or letter, as part of a nationwide unclaimed superannuation campaign. It…

Property investors on notice after ATO spots false claims

Rental property owners who use their own property for personal holidays will be the subject of increased focus by the ATO due to a large number of mistakes, errors and false claims in recent years. We remind clients that you cannot claim…

ATO says BITCOIN is not money – it is….

The term cryptocurrency is generally used to describe a digital asset in which encryption techniques are used to regulate the generation of additional units and verify transactions on the blockchain. Cryptocurrency generally operates independently…

Superannuation Guarantee (SG) Amnesty

The Government has introduced new legislation that provides a one-off 12-month amnesty to encourage employers to voluntarily disclose historical Superannuation Guarantee (SG) non-compliance. It applies to previously undeclared SG shortfalls…

Wait! Don't sell your home to downsize yet.

You could enhance your retirement outcome by using downsizer contributions. Legislation has passed enabling individuals to contribute the proceeds from the sale of one eligible property into Superannuation, without needing to satisfy the…
accountant trusted advisor

How to get the most from your relationship with your accountant

The best accountants add value to your business, all for an affordable cost that you can control. Growing businesses rapidly find they need the services of an accountant in order to help them manage the finances of their business. But which…
Brisbane Business Accountant - people seeking financial advice

What's the Value of Advice?

Paying hard-earned dollars for a TV makes sense. Paying a surgeon to have your appendix removed makes sense. Paying to have your car serviced makes sense. But why would you pay for professional advice? Surely you can make your own decisions…