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Your Knowledge
Feb 13, 20235 min read
How good is ChatGPT at tax?
Not being paranoid or anything but we were curious about the skills of the latest innovation to take the world by storm, ChatGPT, and its...
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Your Knowledge
Feb 13, 20231 min read
SMSF reporting changes from 1 July 2023
If you have an SMSF with a total balance of less than $1 million, from 1 July 2023 you will need to report quarterly to the ATO instead...
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Your Knowledge
Dec 7, 20224 min read
Avoiding the FBT Christmas Grinch!
It’s that time of year again - what to do for the Christmas party for the team, customers, gifts of appreciation for your favourite...
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Your Knowledge
Dec 7, 20225 min read
What do the ‘Secure Jobs, Better Pay’ reforms mean?
The Government’s ‘Secure Jobs, Better Pay’ legislation passed Parliament on 2 December 2022. We explore the issues. The Fair Work...
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Your Knowledge
Dec 7, 20221 min read
Missed the director ID deadline? Now what?
If you missed the 30 November 2022 deadline for obtaining a Director ID, the Australian Business Registry Services have stated that they...
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Your Knowledge
Nov 17, 20222 min read
How high will interest rates go? (Part 2)
Low interest rates have been a mainstay since the global financial crisis of 2008. When the pandemic hit, Governments pushed stimulus...
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Your Knowledge
Nov 17, 20222 min read
Taxing fame: The ATO’s U-turn
Sportspeople, media personalities, celebrities and ‘insta’ influencers beware. The ATO has taken a U-turn on how fame and image should be...
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Your Knowledge
Nov 17, 20222 min read
30 November director ID deadline
The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022. All directors...
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Your Knowledge
Nov 17, 20222 min read
Can you prevent a hack?
In the wake of the Optus data leak, legislation before Parliament will lift the maximum fine for serious or repeated breaches of the...
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Your Knowledge
Nov 17, 20224 min read
Scams and how to avoid them
A note from Eugene: Just to highlight the reach of these scams, my wife actually received this exact scam text message last weekend. The...
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Your Knowledge
Sep 13, 20223 min read
Acquiring collectibles inside your SMSF
Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire. ‘Why’? The golden rule for acquiring...
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Your Knowledge
Sep 13, 20221 min read
Tax reprieve for double taxation of Indian technical support
The tax system currently allows Australia to tax payments made by an Australian customer in relation to technical services provided by an...
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