by C&N Accountants | Jun 15, 2023 | ATO, EOFY, How To, Superannuation, Tax & Accounting, Tax Planning, Tax Refunds, Tax Tips
Did you know that you can make a concessional superannuation contribution and get $5000 or more as a tax refund this year? Super concessional contribution caps There is a limit on how much you can put into super each year from your pre-tax income. Such contributions...
by C&N Accountants | May 30, 2023 | ATO, EOFY, How To, Small Business, Tax & Accounting, Tax Planning, Tax Refunds, Tax Tips
Here’s a guide to the strategies you can use to minimise your business tax. What you should consider before June 30 this year. IS YOUR BUSINESS A “SMALL BUSINESS” ENTITY? Small businesses can access a range of tax concessions from the ATO. To qualify as a “Small...
by C&N Accountants | May 30, 2023 | ATO, EOFY, How To, Tax & Accounting, Tax Planning, Tax Refunds, Tax Tips
Now’s the time to review what strategies you can use to minimise your tax before 30 June 2023. Imagine what you could do with tax saved? You could: Reduce your home loan Top up your super Save for a holiday Save for a deposit for an Investment Property Pay for...
by C&N Accountants | May 5, 2023 | ATO, How To, Tax & Accounting
Tax season can be stressful for many people and this stress can make you more vulnerable to scammers, who strike at the end of the tax year, hoping to gain an advantage at your expense. In the lead up to tax planning season, we look at some of these scams. There are...
by C&N Accountants | Mar 24, 2023 | How To, Retirement Planning, SMSF, Superannuation, Wealth Planning
Future earnings for super balances above $3m taxed at 30% from 2025-26 The Government has announced that from 2025‑26, the 15% concessional tax rate applied to future earnings for superannuation balances above $3 million will increase to 30%. The concessional tax...
by C&N Accountants | Feb 27, 2023 | How To, Retirement Planning, Superannuation, Wealth Planning
Why have superannuation? The superannuation choices you make today will help shape your lifestyle in retirement. We can help you get your superannuation sorted now, so you maximise your superannuation savings for when you retire. So let’s get into the benefits of ...