Maximize Your Tax Deductions on Super Contributions

You can reduce your taxable income and boost your retirement savings by contributing to your super - the rules have changes so that

• anyone under 67 years can claim a tax deduction for personal contributions

• you can also make personal contributions up to age 75.
  

  Read on to find out more

There’s a free tax app available via the ATO, to stay on top of all things income - expenses, tax and super. Feedback from clients is that they love it as it’s an easy way of keeping track of expenses.

You can use the app to log into the tax portal and have all of the relevant tax and super information, and tools all in the one place. Means that you get to free up your thinking space to doing good with your money and savings, and you spend less time hassling through the detail at tax time, and throughout the year as well.

The Australian Prudential Regulation Authority (APRA) just released the 2023 results for its annual performance test for superannuation products. Not all the results came out positive.

Maximize Your Tax Deductions on Super Contributions

You can reduce your taxable income and boost your retirement savings by contributing to your super - the rules have changes so that

• anyone under 67 years can claim a tax deduction for personal contributions

• you can also make personal contributions up to age 75.
  

  Read on to find out more

The new financial year means it's time to complete your annual tax return again - are you ready? We’ve compiled a handy (and comprehensive) checklist that helps you identify all the different types of income you may need to declare and expenses you can claim.

In the lead up to tax time the Tax Practitioners Board (TPB) is urging taxpayers and small businesses to protect themselves from unregistered tax preparers.

The revised ATO app is now available in the Google Play Store and Apple App Store. It’s a handy tool for keeping records all in one place, and it can help you save time and resources in preparing for tax time.