Are you eligible to utilize the downsizer contributions in your superannuation?
In the 2017-18 Budget a measure was announced allowing contributions from the proceeds of downsizing, as part of the governments package of reforms to reduce [...]
Your guide to Fringe Benefits Tax (FBT). Should you be lodging an FBT Return where no FBT is payable?
Your guide to Fringe Benefits Tax (FBT). Should you be lodging an FBT Return where no FBT is payable? What are fringe benefits? Fringe [...]
Log Books: Vehicle – Keeping records for ATO audits to back up what has been claimed
Vehicle When making a work related vehicle expense claim, it is important to keep accurate records to substantiate the claim. The records that need to [...]
Log Books: Home – Keeping records for ATO audits to back up what has been claimed
Home Office expenses If you are an employee working from home, you may be able to claim a deduction for the expenses incurred in relation [...]
Don’t get caught! Ways to identify a fraudulent email or a scam
There are several sophisticated email scams targeting business and individuals globally. They are designed to appear legitimate, would you be able to tell if it [...]
New Year, New Resolutions… What are your financial resolutions for 2021? Areas to consider to achieve your goals.
Resolutions are made with the best intentions but without the right mindset, plan or personal accountability and ongoing support they tend to fall by the [...]
Wealth creation and financial planning aren’t just for businesses
The current environment has forced many individuals to evaluate their financial circumstances. There are many factors that cause financial stress including, unemployment, debt, providing for your [...]
‘Carry forward’ Concessional Contribution cap, how it works
How we got here On 3 May 2016 the Government’s Superannuation Reform Package was announced in the 2016-17 Federal Budget. This measure was contained in [...]
Are you ready for the Director Identification number? What you need to know.
The Government has announced the Modernising Business Registers (MBR) Program will support businesses in an evolving digital economy. MBR Program aims to unify the Australian [...]
Introduction to Our Client Portal A better way to send, receive and sign documents at no additional cost
We have installed a portal to enhance our service to you. Go to our website and click on portal in the top right corner www.holdenaccountants.com.au [...]