News

We Now Know What Fabulously Wealthy Means
  From 1 July 2014, Superannuation Funds in pension phase will be taxed at the...
Beware of In-House Supply Deals in SMSF Projects
People in building and construction businesses should not supply the materials used to renovated properties...
Taxman Bug on Phones
The Australia Tax Office is seeking new powers to monitor private phone calls and emails...
A Good Auditor Could Save Your DIY Super Fund
Many SMSF trustees don’t value or understand the work of SMSF auditors. Many trustees felt...
Australian Charities and Not-For-Profits Commission Bill 2012 – The Facts
Executive Summary: At the date of this report, royal assent passed; Australian Charities and Not-for-profits...
Trustees Seek Yield Safety
Many SMSF trustees particularly those nearing or in retirement, are choosing bank accounts as their...
Some Resource Tax Reality
Given the polarizing debate about resource rent taxes over the past 21/2 years a recent...

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...