by Mark Cusack | Aug 18, 2022 | eNews
The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “… we’re going through a process now of steadily increasing interest rates,...
by Mark Cusack | Aug 18, 2022 | eNews
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. I explore who can access the concession and how. Electric vehicles (EV) represent just under 2% of the new car market in Australia, but it is a rapidly growing sector with...
by Pistol | Aug 18, 2022 | eNews
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. I explore who can access the concession and how. Electric vehicles (EV) represent just under 2% of the new car market in Australia, but it is a rapidly growing sector with...
by Mark Cusack | Jul 8, 2022 | eNews
A reminder of what changed on 1 July 2022 Business Superannuation guarantee increased to 10.5%$450 super guarantee threshold removed for employees aged 18 and over Lower small business GST and PAYG tax instalments. The total tax liability remains the same....
by epoch | Jul 8, 2022 | eNews
Everyone knows you don’t pay tax on your family home when you sell it…right? I take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption. Capital gains tax (CGT) applies to...
by Mark Cusack | Jun 16, 2022 | eNews
The ATO has flagged four priority areas where people are making mistakes this tax season. With tax season almost upon us, the Australian Taxation Office (ATO) has revealed its four areas of focus this tax season. 1. Record-keeping2. Work-related...
