Payday Super Has Arrived: Is Your SMSF Ready?
From 1 July 2026, the way superannuation is paid is changing — and SMSF trustees need to be ready. Under Payday Super, employers are required
October 8, 2026
From 1 July 2026, the way superannuation is paid is changing — and SMSF trustees need to be ready. Under Payday Super, employers are required
Classic cars, boats, artwork and other leisure assets can increase significantly in value over time. However, the Capital Gains Tax (CGT) treatment when these assets
Small businesses now have greater certainty when planning asset purchases, with the $20,000 instant asset write-off confirmed as a permanent measure for eligible businesses. The
From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws will apply to accountants across Australia. These reforms, introduced by AUSTRAC, extend AML/CTF
In January 2013 Ricardo and Maria took over ownership of Swansea Family Dental. For them it was an opportunity to reach one of their life goals. They had always wanted to own their own practice and now that dream had turned into reality. They now had the freedom of being their own employer.
The way the Australian Tax Office goes about its business of compliance has fundamentally changed. Gone are the days of the ATO contacting a taxpayer to undertake comprehensive audit and field visit. Instead, most compliance issues are now identified by data-matching or data-mining.
This is a significant change to the way FBT is calculated on Motor Vehicles and expected to affect some 380,000 workers and 3000 jobs in the Salary Packaging Industry.
New Responsive Website Launched We are proud to announce the launch of our new responsive mobile website. The new site includes a …
The minimum superannuation guarantee contributions rate increases from 9% to 9.25%. Unfortunately the rate will continue to increase until it reaches 12% from 1 July 2019 onwards.
If you are worried about your tax bill this year then Tax Planning is the answer. Tax Planning is a process that involves forecasting your income to the end of the year and then developing strategies to help reduce your tax bill.
More results...
This is a significant change to the way FBT is calculated on Motor Vehicles and expected to affect some 380,000 workers and 3000 jobs in the Salary Packaging Industry.
The minimum superannuation guarantee contributions rate increases from 9% to 9.25%. Unfortunately the rate will continue to increase until it reaches 12% from 1 July 2019 onwards.
If you are worried about your tax bill this year then Tax Planning is the answer. Tax Planning is a process that involves forecasting your income to the end of the year and then developing strategies to help reduce your tax bill.
The additional amount of threshold for each dependent child or student will also be increased to $3,094 (previously $3,007). The Medicare levy threshold for single pensioners eligible to claim the new Seniors and Pensioners Tax Offset has been increased to $32,279 for the 2012/13 income year.
At Waterford Accountants we have for many years proactively been encouraging all of our client who lodge via Electronic Lodgement to have their tax refund deposited electronically into a bank account nominated in the tax return.
The changes to Self Education Expenses announced by the Federal Government on 13 April 2013 will have a significant impact on Medical Professionals. The changes will see deductions for self-education expenses limited to just $2,000 per person per financial year and are to apply from 1 July 2014.
