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Super Guarantee to increase from 9.5% to 10% on 1st July 2021.

The proportion of wages that employers must contribute to their workers' superannuation is legislated to increase half a per cent a year before reaching a final value of 12% by 2025.

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EASY TAX – Individual Income Tax Returns via Email!

We're helping to take the stress out of tax time. If you don't feel you require a face-to-face appointment this year, you can follow these simple steps to complete your tax with us via email.

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Victorians offered support of up to $500 per week for lockdown duration.

Prime Minister Scott Morrison has detailed plans to help Victorians struck by the latest COVID lockdown, which has seen many out of work with the forced closure of hospitality venues and retailers.

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The Jobs Victoria Fund.

The Jobs Victoria Fund is providing $250 million in wage subsidies to assist Victorian businesses to employ at least 10,000 people who are looking for work.

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Taxpayers reminded to keep track of work-from-home costs ahead of tax time.

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Federal Budget 2021: Here’s the highlights.

Highview Partner & CPA, Simon Byers, has reviewed the Federal Budget 2021 in detail & provided us with some much needed taxpayer summary highlights – thank you Simon!

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Private Health Insurance Rebate.

The private health insurance rebate is an amount the government contributes towards the cost of your private health insurance premiums.

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Leaving your job – the Tax component!

When you leave a job, the tax you pay on payments you receive for unused leave, termination of employment or redundancy may be different to the tax you pay on your normal income.

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ATO launches new tax residency data-matching program.

The tax residency status of Australians and foreign residents are set to undergo closer scrutiny by the ATO as it launches a new data-matching program that will cover 670,000 individuals each year.

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How will the end of mortgage deferrals affect the housing boom?

A key question now is how the market will adjust as this COVID-19 induced emergency support is wound back.

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Targeted post-JobKeeper support to be announced in a ‘matter of days’ – nevertheless you should be preparing your business for the expiry of JobKeeper as we know it.

Earlier this week Treasurer Josh Frydenberg revealed that the federal government will announce targeted post-JobKeeper support in a “matter of days” ahead of the expiry of the wage subsidy program this month.

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Investment Myth: Cash is ‘Risk Free.’

"Sometimes my clients say they don't want to take any investment risk by investing in shares, so they will just leave their cash in the bank where it’s safe." - Let our Financial Planner Bruce bust this myth for you.

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