Investment strategies of SMSFs are under scrutiny from the ATO, who are concerned that “a lack of diversification can expose the SMSF and its members to unnecessary risk if a significant investment fails”. 

Wealth economist Emmanuel Calligeris explores the impact of interest rates dropping towards zero. The Reserve Bank of Australia is widely…

There are a lot of common misconceptions about low income and tax returns. There are many reasons why someone under the tax-free threshold may need to lodge a tax return. Make sure you talk with a registered tax agent to make sure you’re meeting all your tax obligations. 

A lot of people do some sort of work from home. It might be simply answering emails on the couch or working from home a few days a week. So, what can you claim if you’re putting in extra hours?

It’s not uncommon for landlords to be confused about what they can and can’t claim for their rental properties. What…

The ATO has warned they are closely reviewing claims for work-related clothing and laundry expenses.   “Last year around 6 million…

Barely half of Australian small businesses were cash flow positive in June 2019. Here’s one area you can focus on…

Once you register for a myGov Account and link it to the ATO, you will receive important notices to your myGov Inbox. If you don’t check it regularly, you could end up with late payments and demands!