Tax Law Advisory

As a business employer you have an obligation to pay superannuation on behalf of your staff.  And the tax penalties and tax administration of the superannuation guarantee system is complex and littered with multiple tax penalties ranging from higher superannuation, administration fees, loss of tax deductions and interest costs. The SGL applies to employment Australia […]

Small businesses, especially those in a bustling economic hub like Perth, face dynamic market challenges. From financial management to strategic planning, the road to success requires expert handling of numerous complex tasks. And for small business owners, donning multiple hats can be overwhelming. That’s where a Virtual CFO (vCFO) steps in – and your Perth […]

By Westcourt Blogger New PAYG withholding rates will apply to individual taxpayers who earn more than $80,000 from 1 October 2016. The Government announced in July that the marginal tax rate of 37 per cent, for individual taxpayers, will start at $87,000 instead of the current $80,000. This means the 32.5 per cent tax threshold […]

As accountants we understand that an estate plan goes beyond preparing a will and a testamentary trust.  The practice of making sure you choose the time when you transfer your estate together with the correct recipient (tax effectively) ranges from simple to deeply complex. The following are some simple tips to making sure your estate […]

The introduction of “stapled super” has been effective from 1 November 2021.  And many employers around the country – from Perth to Melbourne – are not yet fully across their new obligations. What is stapled super? The government has now introduced “Stapled super” which is an attempt to stop employee’s holding multiple superannuation funds with […]