News

Category: Federal Budget

Optima Partners News – October 2022
Check out our latest newsletter and overview. OPTIMA PARTNERS – OP Budget 2022 2023 Overview...
2020 The Government Economic Stimulus Package UPDATED!
UPDATES:  The Government Economic Stimulus Package  Monday 30th March 2020: Scott Morrison today (30/03/2020) announced...
WHY YOUR COST OF MANAGING TAX AFFAIRS DEDUCTION MATTERS
  On Sunday 26 June, just six days before the federal election, the ALP’s Shadow...
Budget Changes to Superannuation
If you are feeling a little battered and bruised from the announced changes in the...
NEGATIVE LOGIC ON NEGATIVE GEARING & WORK RELATED DEDUCTIONS
NEGATIVE LOGIC ON NEGATIVE GEARING & WORK RELATED EXPENSES Negative gearing:  In accounting the matching principle...
NEW PRIME MINISTER: NEW TAXES ?
NEW PRIME MINISTER: NEW TAXES ? Welcome Mr. Turnbull to the leadership position in Australia...
NEGATIVE GEARING ESCAPES BUDGET AXE
Negative gearing escapes budget axe Negative gearing – the ability to reduce your taxable income by...
WHAT WASN’T IN THE 2015 BUDGET
What wasn’t in the 2015 budget Last week Treasurer Joe Hockey released the Federal Budget for...
Tax reform is on the agenda
There has been a lot of long overdue talk recently about the Australian Tax System....

Latest News

No silver bullet: Plumbing Bros founder discusses expansion
Plumbing Bros Director and CEO James Riddle is no stranger to adversity in business. Despite numerous...
Controversial super tax remains in limbo
The Treasury Laws Amendment Bill 2023, containing the controversial Division 296 tax on superannuation balances...
Key Dates – March 2025
21 March : Lodgement and payment of February 2025 monthly business activity statement. 31...
Buying a business: Seven best practices
Buying a business is great option for entrepreneurs looking to break into the market, and...
2024 -25 Fringe Benefits Tax Year: Preparing for the 21 May Deadline
March 31 marks the end of the 2024-25 Fringe Benefits Tax (FBT) year, meaning that...
Increased Cost of Tax Debt: ATO Crackdown Continues
From July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will...
SMSF Investment rules and options: A Comprehensive Guide
A self-managed super fund (SMSF) is a popular method of superannuation management that allows for...
Choosing the Best Client Accounting Software for Your Business
Good client accounting software is essential for business growth and improvement. The right software will...
Key Dates: February 2025
Here a few important dates to pencil into your February calendar. February 21: Lodgement...
15% Withholding on Property Sales: New Tax Rule for Australian Sellers in 2025
As of January 1, 2025, all Australian residents for tax purposes must provide a clearance...