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Business Accounting Solutions | Brisbane • Gold Coast • Sunshine Coast

The tax and tinsel Q&A

The tax and tinsel Q&A

Can you avoid giving the Australian Tax Office a gift this Christmas? The top Christmas party questions What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you will pay tax one way or another;...
Are student loans too big?

Are student loans too big?

Australian voters tend to reject US-style education, favouring more egalitarian systems where income does not determine access. In the US, the average student debt is USD $37,693 (public and private debt), taking an average of 20 years for individuals to repay. But,...
When overseas workers are Australian employees

When overseas workers are Australian employees

The Fair Work Commission has determined that a Philippines-based “independent contractor” was an employee unfairly dismissed by her Australian employer.  Like us, you are probably curious how a foreign national living in the Philippines who had an...
What makes or breaks Christmas?

What makes or breaks Christmas?

The cost of living has eased over the past year, but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is on, and we’re in a headlong rush to maximise any opportunities before the...
More women using ‘downsizer’ contributions to boost super

More women using ‘downsizer’ contributions to boost super

Suppose you are aged 55 years or older. In that case, the downsizer contribution rules enable you to contribute up to $300,000 from the proceeds of the sale of your home to your superannuation fund (eligibility criteria apply). In 2023-24, over 57% of people making a...