December 2024 & January 2025 Newsletter

client alert tax news | views | clues Understanding the Australian Government’s plan for cash and cheques As digital payments become increasingly prevalent, the Federal Government has announced it’s taking significant steps to modernise the nation’s payment system while working to ensure that no one’s left behind. This involves maintaining the use of cash for … Continued

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November Newsletter 2024

client alert tax news | views | clues Do you rent out your holiday home? If you own a holiday home you might rent it out at times when you’re not using it yourself. Remember, you should seek professional advice if you have any concerns. If your holiday home is rented out, the rental income … Continued

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September Newsletter 2024

client alert tax news | views | clues Claiming the tax-free threshold: getting it right If you’re an Australian resident for tax purposes, you don’t have to pay income tax on the first $18,200 you earn each year, from any source. This is called the “tax-free threshold”. If you have more than one job, change … Continued

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