Income Tax Rates

All Australian residents and entities must meet their tax obligations. Australian residents are required to pay tax on worldwide income. Whereas foreign residents are required to pay income tax on all income that has its source in Australia. Below are the tax rates...

Have you notified ASIC of changes to your company?

The Australian Securities and Investment Commission (ASIC) requires businesses to inform them when a change occurs to any previously lodged details. ASIC provides an opportunity for companies to review their lodged details each year on their ASIC Annual Company...

The Megalot Trend

Bang for your buck There has been an emerging trend over the past two years where neighbours are getting together to sell their properties in a single lot (often called a ‘megalot’) to developers. This trend has been attributed to the government’s infrastructure...