Tax Alert March 2018 Several significant tax changes are on the horizon, with most employers soon required to report payroll payments electronically to the ATO and new home buyers to pay GST on purchases directly to the tax man. Here’s a roundup of the latest tax news. Electronic payroll reporting to commence As of 1 April 2018, employers with […]
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Making the most of redundancy Redundancy can come as a shock but in reality it often presents an unexpected opportunity. Not only can you look at pursuing a totally different career, but you might consider using the financial windfall to set up your own business or maybe retire altogether. Redundancies can come with a healthy payout, but to make the […]
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Visualise your success Have you ever turned down an invite or a challenge and said something like “I could never see myself doing that!”? Do you see people around you achieving amazing things, and wonder how they were able to take the plunge to start trying in the first place? If you’re having trouble reaching your goals, there’s […]
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Transition to retirement still a smart move They say 60 is the new 40. And while it’s true that today’s over-50s are healthy and active for longer than previous generations, many in this position begin to dream about scaling back their work commitments so they can start ticking off their bucket list. You may want the flexibility to travel more, volunteer or […]
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Tax relief for start-ups To encourage innovation and new small businesses, the government offers a range of valuable tax incentives and concessions designed to help start-ups. There are even tax deductions for expenses you incur before you start trading. Here’s a roundup of some of the tax concessions on offer: Start-up expenses Most new businesses face some hefty start-up expenses […]
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