Key Business and Medical Announcements in the 2023/24 Federal Budget – 9th May 2023

The first Federal Budget of the Albanese government has been delivered by Treasurer Jim Chalmers. Below is a summary of the key announcements for businesses and medical practitioners. Temporary full expensing for businesses The temporary full expensing business initiative that was due to end on 30 June this year has been extended for another year, […]

Webinar Video: New 30% Tax On Super Balances Over $3M

Your Questions Answered on the Proposed 30% Tax on Super Balances over $3M The Government is reducing the tax concessions available to individuals whose total superannuation balances exceed $3 million. Individuals with balances over this threshold will be subject to an additional tax of 15 per cent on the earnings on any balance that exceeds […]

2023 Working From Home Tax Deductions

The ATO has released a draft tax guidance (PCG 2022/D4) for claiming tax deductions for working from home. You should be aware of these changes so that you can keep the appropriate records to maximise your tax claims in your 2023 Tax Return.  What are the key changes From 1 July 2022, the ATO has explained […]

Webinar: The Tax Advantages of Owning a Rental property

Wilson Pateras conducted a live Webinar outlining the Tax Advantages of Owning a Rental Property. Nicholas Pateras (Director of Wilson Pateras) was joined by fellow Wilson Pateras Accountant Nick Street (Prinicpal at Wilson Pateras) & Self Managed Super Fund Specialist Nilay Shah (SMSF Manager at Wilson Pateras) in this expert discussion. If you may have […]

Keeping Up With Your Accountant

Many business owners feel uncertain about when to engage with their accountant – and how often they should do so! Should they reach out when they’ve a question – or check in every quarter? Rather than giving their accountant a call, some entrepreneurs attempt to tackle their accounting responsibilities without assistance in an effort to […]

Your 2017 EOFY Tax Minimisation Tips

Another financial year is about to finish! As a business owner, there are many obligations that you need to consider and action just before and after 30 June. Some of these will help to minimise your tax. We have outlined these action points below to assist you.   Date Action Required BEFORE 30 June 2017 […]

Trust Distribution Resolutions

Trust Distribution Resolutions

Avoid paying extra tax of up to 49% of Trust profits by completing your trust distribution resolutions before 30 June. Watch this 2 min video below to learn for more information. Call us on (03) 8419 9800 to discuss this further.

Why use a Self Managed Super Fund?

Self Managed Super Fund (SMSF) can create a family wealth ‘vault’ that YOU fully control and make all the investment choices, and potentially pay $0 tax… however, choosing the right strategy for your SMSF is key! Watch this 2 min video below to learn for more information. Call us on (03) 8419 9800

Save Our Clients $10 Million in Tax Campaign

  What is our ‘Save our Clients $10 Million in Tax Campaign’? We have embarked on a campaign to save our clients $10 Million Dollars in tax savings up until 30th June 2017. From the 1st of May 2017, our team of experts will be busy helping our clients with Strategic Tax Plans that are designed […]