By Yvette Goss, Accountant and Superannuation Specialist.
The Federal Budget was handed down last month and while it only contained a few measures specifically for superannuation, which is a change from previous years, they were quite significant proposals. Other upcoming changes are due to indexation or temporary measures that will cease, so let’s take a look at what will apply from 1 July 2023.
By Ben Spiers, Director.
It's that time of year again! With cost of living pressures increasing across the country on the back of the constant interest rate rises, we are expecting the early period of Tax Time 2023 to be quite busy. Here are a few key questions that we think are relevant as we quickly approach the end of the financial year.
By Ben Spiers, Director.
On Tuesday 9th May 2023, Treasurer Jim Chalmers presented the Federal Budget for 2023-24. With cost-of-living pressures and interest rates being front of mind for all Australians, this was understandably the main focus of the night. Whilst there will always be winners and losers, this Budget attempted to balance providing sufficient assistance in current times as well as continuing to invest for the future.
By Tehani Silva, Accounts Officer.
As you are aware, if you work from home, you can claim a tax deduction for the work-related proportion of household costs. The Australian Taxation Office (ATO) has recently announced that home office claims will change for the 2023 financial year.
By Tom Green, Principal.
No doubt many of us have set our personal New Year’s resolutions but it’s equally important to think of the year ahead for businesses.
Setting goals (outcomes) and resolutions (actions) will ultimately lead to success, assuming they are realistic and achievable.
By Vanessa Sweeney, Practice Manager.
Choosing the perfect app for your business can be a daunting task but we’re here to help! The right app can save you time, money and make your business more efficient but how do you pick the right one?
In this article we look at some common types of apps that may help your business and what you need to consider before selecting one.
By Mike Sweeney, Principal.
I have recently returned from Vienna after attending the first face-to-face Russell Bedford Global Conference in 3 years. It is always great to catchup with partners from across the globe and swap notes. Whilst operating businesses in different countries has a variety of challenges, it’s clear that there are more similarities than differences and being involved in discussions across regions has been invaluable.
By David Charlesworth, Principal.
With the many changes that are occurring with respect to financial reporting for Not for Profit organisations we think it is a timely reminder for everyone to review their process for the preparation and reporting to the Australian Charities and Not-for-profits Commission (ACNC).
By Samantha Hughes, Associate Director.
Xerocon returned as an in-person event this year after a two year hiatus due to the global pandemic. The conference was hosted in Sydney at the International Convention & Exhibition Centre (ICC) on the 7th and 8th of September. Lee Green provided the opportunity for two staff to attend, being me and fellow associate director Melissa Probert.
