Asset Protection Australia: Strategies for Safeguarding Your Wealth
Protect your wealth with practical asset protection Australia strategies for small business owners, from discretionary trusts to insurance and business structures.
Sole Trader Superannuation: Everything You Need to Know (2025)
A clear, practical guide to sole trader superannuation—how it works, tax benefits, common mistakes to avoid, and tips to boost your retirement savings effectively.
Tax Minimisation Strategies for High-Income Earners in Australia
Effective tax minimisation strategies for Australia’s high-income earners, focusing on maximising deductions, strategic superannuation contributions, and smart investment planning.
Temporary Full Expensing: What It Was and What It Is Now
Temporary full expensing allowed businesses to instantly deduct asset costs, but it ended in 2023. Here’s what’s changed and how small businesses can plan ahead.
What Can Teachers Claim on Tax? (+ Checklist)
Did you know that teachers and those working in education are entitled to various industry-specific teacher tax deductions? Understanding common expenses that teachers can claim is crucial for maximising these deductions. These teacher tax deductions can significantly benefit your annual tax return, so it’s worth equipping yourself with the knowledge presented by the Australian Taxation…
What You Need to Know About the Assessable Income Test
New sole trader or partnership businesses often operate at a loss for the first few years as they grow. To keep the business growing, sole traders and partners often have to cover the loss with other forms of income, usually salary income. Typically, in the initial stages of growing their new business, these individuals continue…
The 7 Types of Trusts in Australia You Need to Know
The different types of trusts in Australia are widely used as a preferred business structure when it comes to investments, managing the financial affairs for families as well as business purposes. One crucial aspect to consider when setting up a trust is the role of a corporate trustee. Appointing a corporate trustee can enhance asset…
Federal Budget 2025: What’s in Store For the Next Financial Year?
The Federal Budget for 2025–26, handed down by Treasurer Jim Chalmers on 25 March 2025, puts a strong emphasis on easing cost-of-living pressures and delivering targeted support to individuals and businesses. As we approach an election, many of the measures are designed to deliver practical benefits without introducing sweeping changes. For small business owners, investors,…
Buying a Car for Business in Australia – Tax Write-Off (2025)
As a savvy business owner or entrepreneur, you’re always looking for ways to reduce your tax burden and increase your bottom line. One such opportunity lies in the realm of business tax write-offs. Understanding motor vehicle expenses is crucial, as these costs can be eligible for tax deductions and significantly impact your tax filings. Unfortunately,…
Managing and Paying Off Your HECS Debt Efficiently
For many Australian graduates, HECS-HELP debt is a big financial burden that needs to be managed. The Australian Government supports the HECS-HELP loan scheme, which helps students cover their course fees. With recent changes to indexation rates and repayment thresholds, understanding your student loan is more important than ever. This guide will give you the…
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