by Ed Chan | Mar 8, 2021 | Business
What is a franked dividend and what does it mean to have a franking credit? Obviously there are advantages in receiving dividends from your share investments, but there is a huge difference between getting dividends that are franked and dividends that are not franked....
by Ershad Ullah | Mar 7, 2021 | Business
Business taxpayers operating as sole traders or partners in a partnership should know that special rules relate to business losses. These rules apply equally to Australian and foreign taxpayers. Taxpayers may claim business losses against other taxable income, only...
by Ed Chan | Mar 7, 2021 | Business, Tax and Accounting
Dividends are sums of money paid regularly (ideally on a quarterly basis) by a company to its shareholders out of their profits. But do you know that there are 2 types of dividends? What is a Franked Dividend versus an Unfranked Dividend? Here are 2 types of...
by Chan & Naylor | Dec 10, 2020 | Business, Tax and Accounting
JobMaker 2020-21 | Does your business qualify? On 6 October 2020 as part of the 2020–21 Federal Budget, the Morrison Government announced a new incentive for businesses to employ additional young job seekers called the JobMaker Hiring Credit. The JobMaker Hiring...
by Chan & Naylor | Oct 19, 2020 | Business
Key insights Bringing forward personal income tax cuts should result in an immediate cash increase for most employees. Low income earners will receive additional support through the increase to the Low Income Tax Offset and maintaining the current Low and Middle...
by Chan & Naylor | Oct 19, 2020 | Business
Enhanced access, quality and safety in aged care The 2020-21 Budget provides a record level of $2.0 billion support into aged care over four years to progress reforms to deliver improved outcomes for consumers and providers. Support for consumers includes: $1.6...
