by smithfeutrill | Jul 22, 2024 | Business
Every successful business starts with a simple idea. The journey from concept to a thriving enterprise, however, is fraught with challenges. For aspiring entrepreneurs, the key is not just having an innovative idea but acting on it effectively. Here’s a comprehensive...
by smithfeutrill | Jul 17, 2024 | Tax
Charitable donations are a wonderful way to support causes you care about while also potentially reducing your tax burden. Understanding how to properly claim these donations on your Australian tax return ensures you can maximise the benefits while staying compliant...
by smithfeutrill | Jul 17, 2024 | Tax
Starting from the 2023-24 income year, not-for-profit (NFP) organisations, including sporting clubs, societies, and associations with an active Australian Business Number (ABN), must lodge an annual NFP self-review return to maintain their income tax exemption status....
by smithfeutrill | Jun 20, 2024 | Tax
Finding yourself increasingly more busy as the EOFY approaches, particularly with meeting your tax obligations? It’s coming on tax time, so it’s time to ensure you’re prepared for your tax returns. This period can be stressful and complicated, leading to common...
by smithfeutrill | Jun 14, 2024 | Tax
The Australian Government has made changes to individual income tax rates and thresholds. This will apply to all taxable income you earn from 1 July 2024. The changes will not impact your 2023–24 tax return. From 1 July this year, these changes will: • reduce the 19...
