Should you be the ‘Bank of mum and dad’?
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price…
Company Money Crackdown
The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for…
Warning on SMSF asset valuations
The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that…
Budget 2024-25
The 2024-25 Federal Budget is the third for the Albanese Government and consistent with previous years, the primary themes are…
The assault on professional services
The ATO has signalled that it is willing to pursue professional services firms who divert profits to avoid tax. Two…
How much is my business worth?
For many small business owners, their business is their largest asset and for many, one that is expected to help…