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Business Accounting Solutions | Brisbane • Gold Coast • Sunshine Coast

The essential 30 June guide

The essential 30 June guide

The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions. For you Opportunities Take advantage of the 1 July 2024 tax cuts by bringing forward your deductible expenses...
Do your kids really want to take over your business?

Do your kids really want to take over your business?

Generational succession – handing your business to your kids or family – sounds simple enough. Still, many families end up in a dispute right at the point when the parents, business, and children are most vulnerable. It’s important that generational...
Should you be the ‘bank of mum & dad’?

Should you be the ‘bank of mum & dad’?

The great wealth transfer from the baby boomer generation has begun, and home ownership is the catalyst. The average home price in NSW is $1,184,500, the highest in the country. Canberra is next at $948,500, followed by Victoria at $895,000, with the Northern...
Company money crackdown

Company money crackdown

The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to utilise company resources for their personal use. The business is often such a part of their life that the line distinguishing...
Federal Budget 2024-25

Federal Budget 2024-25

The Treasurer is promising that inflation will decline by 0.75% as a direct result of the2024-25 Federal Budget initiatives including energy relief for all households, a boost to Commonwealth Rent Assistance, and the freezing of the maximum co-payment on the...
Federal Budget 2024-25: For you and your family

Federal Budget 2024-25: For you and your family

Personal income tax cuts confirmed From1 July 2024 As previously announced, the Government has legislated permanent tax cuts for all Australian taxpayers from 1 July 2024. Relative to the previous Stage 3 plan, the redesigned cuts broaden the tax cut’s benefits...