Keep up to date on the latest from TTO, including in-house events, business updates, tax and finance industry news, and useful information regarding accounting and financial planning.
Have you been dreaming of driving a new car? As you prepare to receive your well-deserved tax return, we have an exciting opportunity for you to make the most out of it. We believe that your tax return should open doors to new opportunities, and we want to make that happen by finding you suitable […]
Against a backdrop of heightened cost of living pressures, Treasurer Chalmers’ second budget has positioned itself as a response to both alleviating the impacts of inflation and boosting wage growth. Measures have been introduced to provide timely benefits to individuals, including financial aid for electricity costs and increased welfare payments for parents, students, jobseekers, and […]
Director ID deadline is soon approaching! Director identification number is a legal requirement for all company directors. It’s a unique 15-digit identifier that a director will apply for once and keep forever. You need a Director ID if you’re: Director of a company Director of a corporate trustee of a self-managed super fund (SMSF) or Director of a […]
Last night Treasurer Jim Chalmers delivered the first Albanese Labor Government Federal Budget for 2022/23. The budget appeals to families, patients accessing medicines, renters, home buyers and those in vocational training setting out a 5-point plan for cost-of-living relief in the areas of: 1. Child care 2. Expanding paid parental leave 3. Medicines 4. Housing 5. […]
The Reserve Bank of Australia (RBA) announced yesterday a .25% increase which brings the official cash rate to 2.60%. This is the sixth consecutive Rate increase implemented by the RBA and is putting a lot of strain on household incomes. The ‘Big 4’ have all announced that they are passing on the increase with NAB, […]
It’s no rumour that rates are now on the rise, but some banks are still offering competitive rates with additional cash back offers of up to $6,000 if you re-finance your fixed or variable loans. Not interested in cash? Qantas Frequent Flyer Points could be available for you with at least one lender currently offering […]
With the Reserve Bank having passed on multiple rate rises – and the expectation of more to come – there is a level of apprehension surrounding the Australian economy and for Australian small business owners, the uncertainty of the last 2 years continues. The speed of which the rates have increased has caught a lot […]
30 June has arrived and the new financial year is just around the corner! Here’s what you need to know: ATO will start full processing of 2021-2022 individual tax returns on 7 July 2022. They expect to start paying refunds from 16 July 2022. Superannuation Changes from 1 July 2022: Super Guarantee will rise to […]
The election results are in, you may be asking whats next for tax? Labor has previously that it would seek to issue its own budget by the time of the usual mid-year fiscal and economy update in December. These measures were not introduced into parliament, and it is unknown at this stage whether the Labor government […]