Archive for November 2019

While email scams claiming to be the from the ATO or ASIC are certainly not new, we have noticed a significant increase in recent weeks and unfortunately some of these have looked worryingly accurate. How to identify an email scam: Check the senders’ email address: You can see the email snippet below claims to come…

We are very diligent to protect our homes and cars with locks, security alarms, CCTV, insurance, etc. But we aren’t as diligent with our online information. Stolen information can be far more devastating financially and emotionally. Recent surveys in Australia disclosed among many discrepancies that 65% of people don’t read Privacy policies, 50% don’t clear…

Christmas can be an expensive time of year. Here are our tips to be better off this Christmas so that you can enjoy a truly special holiday season. Have an eagle eye for deals – Spend as much time as you need browsing the shops and websites to know the best deals. Signing up to…

The Office of State Revenue (OSR) is imposing a Land Tax Surcharge on discretionary Trusts. Here’s some information about how Trustees can avoid unnecessary fees now or in the future. What is the change? Trusts that hold property will be subject to the Surcharge (either directly or indirectly) unless there is a specific clause in…

December in the office is always fun. It is peak time for fringe benefits like Christmas parties and staff gifts that help the team to feel valued and part of something important. There are a few things you can do to make sure the festive season doesn’t become a Fringe Benefits Tax (FBT) headache in…

The BAS (Business Activity Statement) form is relatively simple to complete. Recent figures show that 50% of small businesses take care of it themselves. With recent legislation holding business directors personally liable for GST compliance, it is beneficial to seek the support of an accountant to check the details and navigate the complexity. Figures by…