by Teigan Amos | Oct 5, 2023 | Articles, Updates
The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you can and can’t claim. If you undertake study that is connected to your work you can normally claim your...
by Teigan Amos | Oct 5, 2023 | Articles, Updates
Treasury has released draft legislation to enact the Government’s plan to increase the tax rate on earnings on superannuation balances above $3m from 15% to 30% from 1 July 2025. This is the final step before the legislation is introduced into Parliament and a step...
by Teigan Amos | Oct 5, 2023 | Articles, Updates
Property investors that choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators. The Victorian Government’s recent Housing Statement announced Australia’s first short-stay property tax. The additional tax,...
by Teigan Amos | Oct 5, 2023 | Articles, Updates
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! The small business energy incentive is the latest measure providing a bonus tax deduction...
by Teigan Amos | Aug 18, 2023 | Articles, Updates
The Challenge/Opportunity Omnisure is an award-winning insurance company based in NSW, whose professionalism and strong client-focused values have stood out in the Australian insurance sector for over 20 years. Recently, the Omnisure team was engaged by the CFO of a...