The end of the financial year (EOFY) is a critical period for individuals and businesses alike. Proper planning and organisation can lead to significant tax savings and ensure compliance with tax laws. Here are ten essential EOFY tax tips and the importance of consulting an Accountant...
No matter how sincere and pure people’s intentions are when they utter their marriage vows and say ‘I do’, there comes a time in some marriages when the relationship irretrievably breaks down. In such cases, separation is usually inevitable and the couple could end up...
If there’s anything people learned from the recessions and global crises of recent past, it’s that no one is immune to economic upheavals. Even middle to upper-class families are at the mercy of their finances when misfortune strikes. This can come in the form of sudden...
It’s common knowledge that showing kindness or compassion is good. However, are you aware that being helpful also benefits your mental health? In this post, we’ll examine some key advantages of showing kindness to others. 1. It improves one’s mood. According to a study, folks who regularly demonstrate...
Adopting an eco-conscious lifestyle has far-reaching implications for not only reducing your individual carbon emissions but also preserving valuable natural assets and contributing to a more liveable planet. Each of us, in our daily activities, has the power to enact meaningful change through environmentally sound...
If you plan to embark on overseas travel, then it’s crucial to be prepared. For sure, the thought of holidaying overseas is exciting. However, aside from mastering what to pack for a holiday abroad, make sure you follow these tips to ensure you have a safe...
Australian consumers have been saving rather than spending and a change in behaviour could complicate matters for the Reserve Bank, keeping interest rates higher for longer. The minutes from the central bank’s May meeting confirmed a rate hike was a live consideration, with spending habits a...
From 1 July, there’ll be changes to the way you report and submit trust tax returns. Income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) will come into effect on 1 July for small business owners who are trustees or trust beneficiaries. Now,...
A worker’s right to ignore unreasonable out-of-hours contact from their boss should expressly include when they are on approved leave as well as staffing arrangements, the peak union body says. Right to disconnect laws passed by the Albanese government will come into effect from August 26,...
The gap between the haves and have-nots narrowed during the COVID-19 pandemic but widened again as the economy roared back to life when lockdowns ended and borders reopened. Yet with the fresh Productivity Commission analysis failing to cover the fallout of the inflation surge and subsequent...
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