When you’re navigating the world of property investment or finance in Australia, you might come across a term that sounds complex but is actually quite common — cross-collateralisation. What Is Cross-Collateralization? Cross-collateralisation is when a lender uses more than one property as security for a single loan or multiple loans. In other words, your assets […]
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Capital Gains Tax (CGT) rollover relief can be a valuable tool for business owners navigating the sale of their business. One key concept in accessing this relief is the “replacement asset”. But what exactly does this mean, and how can it help you defer paying CGT? Understanding CGT Rollover Relief CGT rollover relief allows you
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Generational wealth refers to assets passed down from one generation to the next. With rising costs of living, growing economic uncertainty, and the desire to create a meaningful legacy, families are becoming more intentional about how they build and pass on wealth across generations. Here’s what you need to know. What Is Generational Wealth? As
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This guide breaks down everything you need to know about payroll tax, from what it is and who pays it, to thresholds, rates, and tips for staying compliant. What is Payroll Tax? Payroll tax is a state or territory-based tax on employment. It is imposed on employers when their total wages exceed a certain threshold
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Whether you’re looking to protect assets, reduce tax liabilities, or plan for succession, setting up a family trust can offer significant benefits. In this blog, we’ll guide you through the key steps to setting up a family trust in Australia. What is a Family Trust? A family trust is a structure set up to hold
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The JobSeeker Payment is Australia’s primary financial support for individuals aged between 22 and the Age Pension age who are actively seeking employment or are temporarily unable to work due to illness or injury. The amount you receive depends on your personal circumstances, including your age, family situation, and income. Current Fortnightly Payment Rates (Effective
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A novated lease is a popular way for employees to finance a car using pre-tax salary, potentially reducing taxable income and saving money. But with changing tax legislation, electric vehicle incentives, and changing interest rates, is a novated lease still worth it in 2025? Let’s explore the pros, cons, and key considerations to help you
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A primary producer plays a vital role in the economy by engaging in agricultural, horticultural, fishing, forestry, and livestock activities. Whether you’re a farmer, a fisherman, or involved in any form of natural resource production, this blog will help you understand your tax and ATO obligations. In this blog, we’ll break down what it means
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Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean. Who pays for tariffs? Tariffs increase the price of imported goods and reduce trade flows of that good or service. Traditionally used to
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The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers that provide employees with the use of eligible electric vehicles (EVs) can potentially qualify for an FBT exemption. This should normally be the case where: The car is a zero
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