by Teigan Amos | Sep 11, 2022 | Articles, Updates
Clients with self-managed superannuation funds (SMSF) often ask what assets the SMSF can acquire. ‘Why’? The golden rule for acquiring assets inside your SMSF is why? To be compliant, your fund must be maintained for the sole purpose of providing retirement benefits...
by Teigan Amos | Sep 11, 2022 | Articles, Updates
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium businesses. An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and...
by Teigan Amos | Sep 11, 2022 | Articles, Updates
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result....
by Teigan Amos | Sep 11, 2022 | Articles, Updates
23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general-purpose, shorter Australian domain name option. If you do not register the direct match of your existing domain for the direct .au domain, you risk...
by Teigan Amos | Aug 15, 2022 | Articles, Updates
The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we’re going through a process now of steadily increasing interest rates, and...
by Teigan Amos | Aug 15, 2022 | Articles, Updates
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only reported in your tax return when you dispose of it – you sell it, convert it to...
