by Carissa Javier | May 14, 2024 | All, News and Updates
Edit: We are very proud to announce that Cindy Su has won the highly coveted 2024 Partner of the Year Award. This achievement highlights her exceptional leadership and dedication to the accounting profession. – We are thrilled to announce that our co-founder and...
by Ed Chan | May 14, 2024 | All, News and Updates
In a time of increased oversight and stricter regulations, the Australian Taxation Office (ATO) is emphasising that tax reliefs like payment plans should be accessed only by those who truly need them. Additionally, the ATO is keeping a close watch on deduction claims...
by Ed Chan | Apr 9, 2024 | All, News and Updates
The Australian Tax Office (ATO) has secured a noteworthy win in court against SingTel regarding its purchase of Optus, marking a significant moment for tax compliance among multinational corporations. This victory underscores the necessity for companies to adhere to...
by Cindy Su | Mar 21, 2024 | All, Business, News and Updates
What is Fringe Benefits Tax (FBT)? Fringe Benefits Tax, commonly known as FBT, is a tax employers pay on certain benefits they provide to their employees, including their employees’ family or other associates. The benefit may be in addition to, or part of, their...
by Cindy Su | Feb 27, 2024 | All, News and Updates, Supers
Discover the latest updates in superannuation contributions brought to you by Chan & Naylor. The Federal government has just announced significant changes to contribution caps, set to take effect from July 1, 2024. Let’s explore these changes and their...
by Cindy Su | Jan 25, 2024 | News and Updates, Tax and Accounting
Key Points Prime Minister Anthony Albanese announced significant changes to Australia’s Stage 3 tax cuts on 25 January 2024. The lowest tax rate is reduced from 19% to 16% for incomes under $45,000. Adjustments made to tax brackets to provide relief for...
