2019 Tax Planning – Businesses
Cash flow is incredibly important to all businesses and cash flow dictates what a business can and cannot do. One [...]
2019 Tax Planning – Individuals
Now that we are through another Federal Election and we can all let out a collective sigh of relief knowing [...]
2019/2020 FEDERAL BUDGET HIGHLIGHTS
The Federal Budget handed down last night by the Treasurer Josh Frydenberg has generally been agreed to be a [...]
SINGLE TOUCH PAYROLL – New legislation
Legislation passed on Tuesday 12 February 2019 now requires employers with 19 or less employees to use Single Touch [...]
DIVISION 7A – PROPOSED CHANGES
Division 7A of the Income Tax Assessment Act 1936 (ITAA 1936) sets out the rules pertaining to how a loan, [...]
VACANCY FEES FOR FOREIGN PERSONS
As part of the push to try and make housing more affordable, the Federal Government introduced a Vacancy Fee for foreign owners of residential dwellings in Australia in December 2017. To understand the implications of the Vacancy Fee it is important to understand the definitions of the key terms used in the legislation, click the link to read more.
VICTORIAN GOVERNMENT’S VACANT RESIDENTIAL LAND TAX
Unlike the Federal Vacancy Tax, the Victorian Vacant Residential Land Tax (VVRLT) is not limited to foreign residents. It is [...]
Bourne + Weir – Year in Review
2018 has been yet another big year for the team at Bourne + Weir. Find out what we've been up to, what has changed and what is to come in 2019.
2018 TAX PLANNING CONSIDERATIONS – INDIVIDUALS
While death and taxes are inevitable, the amount of tax you pay can vary depending upon what decisions you [...]
2018/19 FEDERAL BUDGET – PERSONAL INCOME TAX
The Government announced personal tax cuts in the Federal Budget together with a number of integrity measures. Tax cuts [...]