In the lead-up to 30 June, we want you to know why using a “bucket company” can be a great strategy for saving tax on trust profits distributed. PROFITS FROM...
When you retire, your superannuation is likely to become an important source of your income. That’s why it’s a good idea to top it up while you are working. But...
Do you have a Discretionary Trust (also known as a Family Trust)? If yes, you MUST keep reading! In the lead-up to 30 June 2024, we want you to be...
Current ATO focus areas (3 main points): Work related expenses (WRE). Rental properties. Crypto/digital assets. WRE – mistakes often made: Copy/paste deductions from last year – big ATO target area...
Client ID verification requirements The Australian Taxation Office (ATO) and the Tax Practitioners Board (TPB) have introduced new client ID verification rules. All Tax and BAS agents are now required...
What is a Stapled Super Fund A stapled super fund is an existing super account linked, or 'stapled', to an individual employee so it follows them as they change jobs...
As of November 2022 if you are a director, or alternate director of a company that is registered as an Australian Body, or registered foreign company under the Corporations Act 2001 you...
The team at Think Big Financial Group have scheduled a series of information sessions around some key changes impacting businesses in the coming months. The first of these sessions is...
Your credit score or rating is used by lenders to get a better understanding of any risk they may face when choosing to give you credit or lend you money....
Following on from our JobKeeper Q&A Call, we wanted to update you with the most current information for the JobKeeper Scheme for Sole Traders and Other Entities as of 16...
Following on from our JobKeeper Q&A Call, we wanted to update you with the most current information for the JobKeeper Scheme as of 16 April 2020. The ATO has released...
Struggling to save for a 20% deposit on your first home? A recent Australian Government initiative may allow you to buy your first home with a much smaller deposit and...
