Our Blog

Budget Changes support a brighter retirement

With tax cuts grabbing most of the attention in the May 2018 Budget, some quiet tweaks to superannuation and retirement income were drowned out in all the noise. But these small changes could have a big effect on the amount of money that ends up in your nest egg when...

75% of employers not ready for Single Touch Payroll

Single Touch Payroll (STP) is an initiative being introduced by the Australian Tax Office (ATO) to provide real time visibility over the accuracy and timeliness of organisations’ payroll processes. STP proposes to streamline the administration of employee payroll, tax...

What is the Difference Between an Agreement and a Deed?

At its simplest, a deed is a promise that is not supported by consideration (payment). This means that to be valid, deeds must comply with much more specific requirements than contracts. You cannot simply infer the parties’ intentions to bound as you may be able to...

Updating your Will

An executed Will only describes the Will maker’s wishes at a particular point in time. As such, we recommend that you regularly review your Will to ensure that it accurately reflects your current wishes. This is particularly important if your circumstances change....

Superannuation Guarantee non-compliance & Amnesty

The Australian Taxation Office (ATO) will be introducing new measures to target non compliance of Superannuation Guarantee (SG) from 1 July 2018. The ATO will improve processes for recovering unpaid SG by strengthening the use of director penalties by restricting the...

Find your lost super

The Government hopes to reunite more people with their lost super by requiring super funds to transfer inactive accounts (where contributions have not been received for 13 months) with a balance below $6,000 to the Australian Taxation Office (ATO). The ATO will...

Making or Updating your Will?

Enquire about having a Testamentary Trust Are you gifting in excess of $500,000 in your Will to your loved ones? If yes then a Testamentary Trust may assist and benefit those you wish to leave your assets to. What then exactly is a Testamentary Trust ? The word...
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