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Running a business and managing your personal finances comes with its unique challenges and opportunities. With ever-changing tax (State and Commonwealth) laws and the dynamic economic landscape...

Running a small business can be daunting yet both exciting and challenging. Entrepreneurs wear many hats—marketer, salesperson, manager — but one area often overlooked is financial management of the...

If you’re buying property in Victoria, Australia, understanding stamp duty is essential. Stamp duty is a tax levied by the state government on property transactions (as well on the sale of motor...

Rentvesting is a strategy that allows Australians to live where they like and have a rental property in a place that they would prefer not to live in. For example, if you work in the Melbourne CBD and...

Superannuation, often referred to as “super,” is Australia’s retirement savings system. Established by the Australian federal government, it helps Australians build savings throughout...

Tax time can be a stressful time for many individuals and business owners. With multiple lodgements and deadlines to navigate, it’s easy to understand why some may procrastinate or, worse still...

Starting a business in Australia means understanding Goods and Services Tax (GST) – a 10% consumption tax on most goods and services. Knowing when and how to register for GST is important to ensure...

When it comes to claiming car expenses, tax accountants in Melbourne often recommend the “cents per kilometre” method as a simple and effective method. This method is a popular choice for individuals...

Gifting money or assets can be a generous way to support loved ones, friends, or even charities. In Australia, there are specific tax implications to consider when making these gifts, especially if...