by Teigan Amos | Nov 29, 2023 | Articles, Updates
Workers owed $3.6bn in super guarantee Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators are looking to dramatically change. Superficially, the...
by Teigan Amos | Oct 31, 2023 | Articles, Updates
We want to welcome Jamie Rossington as a part owner of Bentleys Newcastle. Many clients know Jamie and have had interactions with him over the many years he has been with Bentleys, and he has now stepped up to an ownership role. Jamie draws on over 20 years of...
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...