
Posted by Bizink 10 Nov 2022

We recently posted an article about running an SMSF and trustee obligations. Further to that, it has been confirmed that the ATO will never call clients directly to discuss their …
Read More… from Scam Calls Regarding SMSF Trustee Obligations
Running, or deciding to set up a self-managed super fund (SMSF) gives you control, but it also brings legal responsibilities. The Superannuation Industry (Supervision) Act 1993 (SISA) contains detailed rules on trustee …
Read More… from Know the Rules Before You Break Them: Why SMSF Education Matters More Than Ever
If you run a business, you already know the juggling act that comes with managing the payroll process — paying staff on time, managing cash flow, and staying compliant. From …
Read More… from Super on Payday: Fundamental Changes for Employers
The ATO is toughening its approach to deductions related to properties used for both personal and rental purposes, such as holiday homes. The regulator has issued a draft taxation ruling …
Read More… from The ATO has holiday homeowners in its sights
Here are 5 important metrics to pay attention to when it comes to the success of your business, including ways you can improve them. 1. Gross margin Gross margin is …
An up-to-date business cash flow forecast can help you manage your business more efficiently. It’s an estimate of the amount of money you expect to flow in and out of …
On 13 October 2025 the Federal Treasurer announced some significant changes to the design of the proposed Division 296 tax. Some of the key changes are: Introduction of a second …
On 9 October 2025 the Government introduced the Payday Super legislation into Parliament. The new system is proposed to take effect from 1 July 2026 and will basically ensure that …
‘Business viability’ is whether a business is surviving. This survival is linked to its financial position and performance. A business is viable where either: it’s returning enough of a profit …
The Australian Taxation Office (ATO) has discreetly bumped the fixed rate work from home deduction. Taxpayers can now claim 70 cents per work hour under the revised fixed cost method. …
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