ATO Client to Agent Linking: Protecting Your Financial Security. If you're thinking about changing accountant, it's important you're aware of recent changes the Australian Taxation Office (ATO) is introducing that will impact you. As of 13 November 2023, the ATO has...
Understanding Division 293 tax: Impact on high-income super contributions
Understanding Division 293 tax: Impact on high-income super contributions. If you're a high-income earner, understanding the Division 293 tax and its impact on your super contributions is crucial. This tax, also known as Division 293 tax, imposes an additional...
Average retirement age in Australia
Average retirement age in Australia. Retirement in Australia Retirement refers to the period in life when one stops working and begins to draw on their superannuation, which is a fund set up to provide money for retirement. The age at which you can access your super...
Understanding the tax implications of your Principal Place of Residence in Australia
Understanding the tax implications of your Principal Place of Residence in Australia. Your Principal Place of Residence (PPOR) is the main place where you live. This could be a house, flat, home unit, or even unconventional spaces like a caravan or houseboat....