by Cindy Su | Dec 13, 2022 | All, Business
Tax on Christmas Party / Should you pay tax if you get a cash gift? Christmas is a busy time for small businesses – amongst other things, many may be thinking about giving gifts to employees to boost morale for a successful start to the New Year. Perhaps a loud...
by Aaron Hickey | Dec 9, 2022 | All, News and Updates, Tax and Accounting
On the first Tuesday in December Phillip Lowe and the RBA announced their 8th consecutive increase to the Reserve Bank Cash Rate. This takes us to the highest cash rate (3.1%) in over 10 years, and this has and will have, a significant impact on the housing and...
by Rodel Claudio | Dec 9, 2022 | Tax and Accounting
Christmas is a time of giving, when thoughts turn to family and to helping those less fortunate. To gift in a meaningful way that maximises the benefits, it’s important to consider tax. While Australia doesn’t have a gift tax, there are tax considerations...
by David Naylor | Dec 8, 2022 | Property
PROPERTY INVESTORS ALERT House Prices Falling as Interest Rates continue Jump so is the time right for property investors to invest? According to the most recent data, home prices are falling because rising home loan interest rates are making it hard for banks to...
by Chan & Naylor | Jul 15, 2022 | Property
Whether it’s a mortgage against the house you live in or the money you borrowed to acquire your first/second/tenth investment property, you’re probably starting to wonder, “when will my interest rate stop going up???” Unfortunately, I don’t have the answer, but it...
by Chan & Naylor | Jul 15, 2022 | Business, Tax and Accounting
Small business owners often interact with the ATO and their tax agent throughout the year. Tax time provides an added opportunity to ensure your tax affairs are in order, obtain essential tax advice and see if you can improve your tax position. You should speak to you...
by Chan & Naylor | Jul 15, 2022 | Tax and Accounting
Many Australians invest in property, financial markets and other assets, both in Australia and overseas. Managing the tax on your investments can help you increase your wealth. The ATO’s data matching and information-gathering capabilities are significant and cover...
by Chan & Naylor | Jul 15, 2022 | Tax and Accounting
Staying on top of your taxes and constant changing rules can be time consuming for employees and contractors. The impact of Covid-19 on business and taxpayers along with data matching technology employed by the ATO, taxpayers need to be more aware of checking work...
by Chan & Naylor | Jun 1, 2022 | Property
Fixed interest terms on home loans don’t last forever, so it’s inevitable that you’ll have to decide what to do when yours ends. Do you want to opt for another fixed term? Switch to a variable interest rate? How about a split rate home loan? If your fixed term is...
by Chan & Naylor | Jun 1, 2022 | Property
After the Reserve Bank raised the cash rate for the first time in a decade, everyone who has an interest in property is now wondering what happens next? Will the housing market crash? Will inflation create a recession? Should I buy a property now? Above all, the key...
