News

Incorporated Associations Reporting Obligations
Incorporated Associations Reporting Obligations Changes from 1 July 2016 We’ve all heard the old joke...
TAXPAYERS OBLIGATIONS AND RIGHTS
The saying goes that there is nothing as certain as death and taxes, but that...
AUDITOR RESIGNATIONS – ASIC CUT RED TAPE
ASIC cut red tape on auditor resignations and has recently released a relaxation of the...
GOODS AND SERVICES TAX (GST) MARGIN SCHEME
If you sell property as part of your business, you may be eligible to use...
STAMP DUTY ON LAND TRANSFERS NEEDS TO BE REFORMED, BUT DON’T GET YOUR HOPES UP!
STAMP DUTY ON LAND TRANSFERS NEEDS TO BE REFORMED, BUT DON’T GET YOUR HOPES UP!...
REVIEWING YOUR SMSF TRUST DEED
Essentially the Trust Deed of an SMSF is the life and soul of an SMSF,...
RECORD KEEPING
It is very important to maintain your records. Everyone knows that and before you switch...
IS THERE A CASE FOR INCREASING THE GST?
Nobody likes a tax increase. Just the mention of a tax increase is likely to...
ACCOUNTING PACKAGES
Accounting packages Do you still collect all your receipts in a box and at tax...
Who said “death tax” was dead and buried??
Who said “ DEATH TAX ” was dead and buried?? There’s a misconception among SMSF trustees who...
Directors duties – dealing with financial difficulty
DIRECTORS DUTIES – DEALING WITH FINANCIAL DIFFICULTIES The Australian economy is experiencing tough economic...
Superannuation Reserves Contributions and Other’s
Superannuation Reserves Contributions and Other’s Generally a public offer fund will operate a number of...

Latest News

Understanding business structures: tax, liability and asset protection
Your chosen business structure has massive implications for your tax liability, asset protection and cost....
New GST reporting rules for small businesses
The Australian Taxation Office (ATO) recently announced that over 3,500 small businesses will be moved...
Optima Partners to host 4th annual Perth Car Club meet
Optima Partners is proud to host Perth Car Club’s fourth annual anniversary meet-up at our...
Key Dates: April 2025
21 April: Lodgement and payment of March 2025 monthly business activity statement 21 April:...
Selling your business: Best practices
Selling your business is a major decision and a milestone in your career. Whether you’re...
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...