Changes to the Age Pension rules – will you be affected? From 1 January 2017 Government changes to the Age Pension are likely to reduce pensioner entitlements. It’s important that you understand how the changes could affect you. Increase in [...]
Tax time is prime time for scams Yet again, the ATO is warning tax payers against fraudsters attempting to scam them by posing as ATO representatives. In 2015 almost 87,000 phone and email scams were reported to the ATO, an [...]
Another Timely Warning Against Identity Theft The ATO is reminding Australians to protect themselves against identify theft this tax time. Assistant Commissioner Graham Whyte said identity theft was more common during tax time because of the large number of people [...]
ATO Targets Dodgy Tax Deductions With over eight million Australians claiming work-related expenses each year, Assistant Commissioner Graham Whyte from the ATO is reminding people to make sure they get their deductions right this tax time. “Australians claim over $21 [...]
Will the Tax Office Catch you in Its Snare? Our friends at the Tax Office are getting smarter as they strive to increase the tax take for a Government battling to reduce its deficits. Now, let’s be clear; we want [...]
CASH FLOW - 5 tips for budgeting By Rob Dugdale - our MAS Financial Planning Expert If there’s one word that is able to strike fear into some clients, it’s the ‘B’ word – budget. It doesn’t matter what stage in [...]
The Dangers of Not Getting the Right Advice A survey recently conducted called the “The Voice of Australian Business 2016” found some interesting and concerning trends. One of those was that only 26% of businesses use professional advice to help [...]
Essential Tasks at End of Financial Year (EOFY) End of the financial year is an important and busy time for small business owners, completing bookkeeping, tax returns and begin planning for the new financial year. Putting the hard work in [...]
Don't Panic - Tax Treatment Of Your Super Could Change - Transition to Retirement What is it? People who have reached their preservation age and are still working are able to access their superannuation and start a transition to retirement [...]
Client Alert: Notices of assessment and other ATO correspondence for clients with a myGov account If you have created a myGov account and linked to myTax, the ATO advises that you will receive your notice of assessment and other important [...]
