Benefits of Novated Leases

Novated leases can provide benefits to both the employer and employee. A novated lease is a three way agreement which involves a vehicle being leased to an employee from a lease company, however you as an employer take on the employee’s obligations under the contract....

The time is right to declare your offshore income

When you hear the term “offshore income”, many of us may cast our minds to some sort of illicit funds held in an overseas bank. However, this is not what we mean when we say ‘the time is right to declare your offshore income’. You may have unreported offshore income...

Tax Alerts – Be aware of the risks

Recently the Australian Taxation Office issued the following alerts to help you recognise some of the ‘dodgy’ agreements that are out there. It is important that you are aware of these so that you do not get caught in the midst of something potentially illegal or at...

Buying vs. Renting

The age old debate of buying vs. renting has become even more difficult with recent research proving that buying property is becoming cheaper than renting in many parts in Australia. It was found that in 94 suburbs the monthly cost of renting a house is greater than...