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Trust Tax Planning 2023 JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= Annual Distribution Resolutions or Minutes of Meeting Trustee resolutions and minutes of meeting regarding the annual distribution of trust income must be documented prior to 30 June each financial year or, if the trust deed…

Family and Domestic Violence Leave JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= The material and contents provided are informative in nature only.  It is not intended to be advice and you should not act specifically on the basis of this information alone.  If expert assistance is…

NSW Toll Relief Rebate Scheme JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= The material and contents provided are informative in nature only.  It is not intended to be advice and you should not act specifically on the basis of this information alone.  If expert assistance is…

2022–23 Labor Federal Budget Highlights JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= Businesses • Electric vehicles under the luxury car tax threshold will be exempt from fringe benefits tax and import tariffs. • A number of Victorian and ACT based business grants relating to the COVID-19…

Trust Tax Planning 2022 JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= Annual Distribution Resolutions or Minutes of Meeting Trustee resolutions and minutes of meeting regarding the annual distribution of trust income must be documented prior to 30 June each financial year or, if the trust deed…

Federal Budget 2022/23 - Individuals, Business & Super - Most Relevant Items JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= We have taken out the relevant components the Federal Budget 2022/23 and summarised in a concise format avoiding all the unnecessary noise found in other newsletter subscriptions.…

NSW and Federal Government Covid-19 Updates JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= The material and contents provided are informative in nature only.  It is not intended to be advice and you should not act specifically on the basis of this information alone.  If expert assistance…

Trust Tax Planning 2021 JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= Annual Distribution Resolutions or Minutes of Meeting Trustee resolutions and minutes of meeting regarding the annual distribution of trust income must be documented prior to 30 June each financial year or, if the trust deed…

SMSF Tax Planning 2021 JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= Minimum Pension Amounts If you are a member of a self-managed super fund (SMSF) and have a pension in place during the financial year, ensure that the minimum pension that you are required to receive…

Employer Tax Planning 2021 JTNDYSUyMGhyZWYlM0QlMjIlMjNzdGFydHVwJTIyJTIwY2xhc3MlM0QlMjJhcnJvdy1kb3duJTIyJTNFJTI2bmJzcCUzQiUzQyUyRmElM0U= Staff Bonuses/Director Fees These expenses may be tax deductible prior to payment, as long as you are committed to paying these amounts. You will need to quantify the amounts, inform the staff and keep evidence…