Family law amendments have recently been passed by both Houses of Parliament and await assent. They send a strong message to the community that all forms of family violence are unacceptable and recognises the financial effects of family violence on individuals, and on the wealth and welfare of the family.
Read MoreHow should you structure your investments, what entity type is best?
Read MoreAs 30 June is quickly approaching, you may be considering topping up your superannuation contributions and perhaps claiming a tax deduction. There have been a number of changes to the superannuation concessions in recent years and we provide this summary to help clarify the current rules.
Read MoreThe Australian Taxation Office (ATO) has issued new guidelines to help you in making a claim for running expenses while working from home from 1 July 2022.
Read MoreLegislation has been passed which provides an exemption to car benefits fringe benefits tax (FBT) for electric vehicles.
Read MoreConsidering claiming a personal super contribution in your tax return, read this article for helpful details about limits and dates.
Read MoreChanges to the director laws are upon us, are you up to date?
Read MoreMatrimonial property settlements can be challenging at the best of times. Add COVID–19 tax concessions into the mix and the challenges get bigger, especially in relation to the valuation of a business.
Read MoreThere have been a number of significant tax changes recently and it may now be an appropriate time to review and possibly update your group structure if you have a company and a discretionary trust.
Read MoreLegislation improving the identification of superannuation assets in family law proceedings based on information held by the ATO has now been passed and awaits assent.
Read MoreFor a summary of the changes effective from 1 July 2021, together with some strategies that may be helpful moving forward please keep reading:
Read MoreProfessional firms include, but are not limited to, those providing services in the accounting, architectural, engineering, financial services, legal and medical professions, are you affected by the new rules?
Read MoreConsidering contributing to your super fund? Here are the ways you can, including, personal top ups, catch up payments and changes to the work test.
Read MoreWe have all heard the saying “it’s an ill wind that blows nobody any good”. This is certainly true for family businesses…
Read Morede Blonk Smith has a new website and blog.
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