Understanding Stamp Duty (NSW): A comprehensive guide for property buyers
Home | Articles | Understanding Stamp Duty (NSW): A comprehensive guide for property buyersStamp duty, or transfer duty, is a tax that most purchasers are obligated to pay when acquiring a residential property or vacant land in Australia, including NSW. The NSW...
Understanding how to withdraw super
Home | Articles | Understanding how to withdraw superWhat is superannuation?Superannuation, commonly referred to as 'super,' is a long-term investment designed to provide financial stability during your retirement years. It functions by pooling funds into a super...
Exploring Small Business Grants NSW
Home | Articles | Exploring Small Business Grants NSWA business grant is money given by the government to help small businesses. This financial help from the government aims to help small businesses expand, develop new ideas, or get back on their feet after tough...
Navigating the Shift from Temporary Full Expensing to Instant Asset Write-Off for the 2024 Financial Year
Home | Articles | Navigating the Shift from Temporary Full Expensing to Instant Asset Write-Off for the 2024 Financial YearThe impending expiration of the Temporary Full Expensing (TFE) at the close of the 2023 financial year means that businesses will revert to the...
Understanding Capital Gains Tax on Inherited Property in Australia
Home | Articles | Understanding Capital Gains Tax on Inherited Property in Australia If you are an individual beneficiary or a Legal Personal Representative (LPR) who has inherited Australian residential property from a deceased estate, you may be eligible for...
Guide to Claiming Fuel Tax Credit for Your Business
Home | Articles | Guide to Claiming Fuel Tax Credit for Your BusinessClaiming Fuel Tax Credits is an opportunity for businesses who have bought fuel, such as petrol, diesel, or other eligible fuels, for business activities. The tax credit, determined in cents per...
Why You Need an SMSF Accountant for Effective Fund Management
Home | Articles | Why You Need an SMSF Accountant for Effective Fund Management Managing a Self Managed Super Fund (SMSF) offers unparalleled control over your investments, but it comes with complex compliance and taxation obligations. With stringent requirements set...
Important Deadline for Director ID
Home | Articles | Important Deadline for Director ID A Director Identification Number (DIN), also known as a Director ID, serves as a unique identifier for individuals serving in director roles within various types of organizations. This identification number is a...
What is a Notice of Assessment?
Home | Articles | What is a Notice of Assessment?What is an Income Tax Return?The Australian Taxation Office requires all persons, both residents and non-residents, to file their income tax returns. The tax return summarises your income and claimable expenses during...