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Using The ‘Downsizer’ Contributions To Boost Super

If you are aged 55 years or older, the downsizer contribution rules enable you to contribute up to…

Do I Need To Pay Tax On An Inheritance? (Answer – It Depends)

Inheriting cash When cash passes from a deceased individual to their estate and then to a beneficiary, generally,…

Are Financial Advice Fees Tax Deductible?

In September 2024, the Australian Taxation Office (ATO) finalised its position on when individuals who aren’t carrying on…

Important Tax Dates

31 October 2024 Lodge tax returns for all entities if one or more prior year returns were outstanding…

ATO Penalties And Interest Charges

With the Australian Taxation Office (ATO) cracking down on anti-compliance, their penalties and interest charges continue to be…

Important Tax Dates

21 October 2024 Pay annual PAYG instalment notice (Form N). Lodge only if you vary the instalment amount…

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Today’s financial environment demands a regular review of strategy and a focus on execution.