Summary Self Managed Superannuation Funds (SMSF’s) are highly regulated with a key rule being that your SMSF cannot borrow money except for limited, specific circumstances. Thankfully, one of those is borrowing to buy an asset

Have you ever been asked by a bank or mortgage broker for a copy of your ATO statement of account, ATO portal reports, or ATO tax accounts? We show you how to get these. WHAT

Summary We have compiled a short, easy to read summary of the important things in the 2022 Federal Budget. A tax cut, petrol price relief, payments to pensioners and aged care workers, payments for apprentices,

Summary Unexpectedly, on Monday the 14th of March 2022 the Victorian State Government announced a 2 year trial of paid sick leave for (some) casual employees and the self-employed. Essentially, eligible workers will receive 5

Summary If you are involved in a discretionary trust (commonly known as a family trust), then you need to know that the ATO are on the warpath. Where your trust is used to shift income

OUR CHECKLIST We often get asked, typically by new business owners, what they need to do when they start hiring staff. The answer – a lot! There is a wide range of great information on

Key Message Be wary of any change to bank accounts via email, and unless you are happy paying an invoice twice you should always confirm a bank account change via a known phone number (and

Summary Your SMSF deed contains the “rules” that your SMSF must abide by, and these are in addition to the rules set down by the Law. Often, trust deeds contain rules that mirror the Law

Action Points Every company Director will be required to obtain a Director ID number with registrations opening from 1 November 2021. Existing Directors will have 13 months to get their Director ID – and while