by Teigan Amos | Jul 5, 2023 | Articles, Updates
Employers & business Superannuation guarantee increases to 11% from 10.5% National and Award minimum wage increases take effect. The minimum salary that must be paid to a sponsored employee – the Temporary Skilled Migration Income Threshold – increased...
by Teigan Amos | Jul 5, 2023 | Articles, Updates
The digital games and interactive entertainment sector is the largest creative sector in the world and one of the fastest growing industries worldwide. The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021...
by Teigan Amos | Jul 5, 2023 | Articles, Updates
The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions. Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for expenditure...
by Bruce Grieve | Jun 18, 2023 | Articles, Updates
In the realm of financial planning, protecting, and maximizing wealth for future generations is a key concern. Recently, we had the privilege of assisting our retired clients, Bob and Sarah, in safeguarding their legacy by implementing crucial super and pension...
by Teigan Amos | Jun 10, 2023 | Articles, Updates
Tax deductions for topping up super You can make up to $27,500 in concessional contributions each year assuming your super balance has not reached its limit. If the contributions made by your employer or under a salary sacrifice agreement have not reached this $27,500...
by Teigan Amos | Jun 10, 2023 | Articles, Updates
Bring forward the purchase of assets If there are large assets your business needs to buy (or upgrade), you have until 30 June 2023 to use the temporary full expensing rules. These rules enable businesses with an aggregated turnover of up to $5bn to fully deduct the...
