Library

AN OVERVIEW OF TRUSTS IN AUSTRALIA

Introduction Trusts are a fundamental element in the planning of business, investment and family financial affairs. Although trusts are commonplace,...

How Discretionary Trusts Work

Information here may help you as a guide to provide a general overview of operation of a discretionary trust and...

BUSINESS CONTINUITY STRATEGY-INFORMATION ON BUY-SELL AGREEMENTS

As you plan for business succession or establish a new corporate structure, it’s important to think about how control and...

DIVISION 7A

What is Div 7A? Division 7A prevents private companies from making tax-free distributions of profits to shareholders or to their...

DIVISION 296 TAX

Division 296 tax is a brand-new superannuation tax proposed by the Labor Government. It targets Australians who have built up...

HECS/HELP DEBT REDUCTION BILL INTRODUCED

On 23 July, the Labor government introduced legislation aimed at enacting its election promise to reduce student debt by 20%....

CRYPTOCURRENCY, NFT’S AND TAX

Cryptocurrencies, also known as virtual currencies or digital currencies, are a form of digital token. There are many different types...

RETENTION OF RECORDS

You are legally required to keep records of all transactions relating to your tax, superannuation and registration affairs as you...

Superannuation caps for 2025/26 financial year

The ATO has now released the increased superannuation caps which will apply for the 2026 tax year. The more significant...