News & Events

Tax and Super May 2022 Newsletter

It’s recommended that employers have in place a human resources (HR) manual. HR manuals document the workplace policies and procedures that will be applied to all employees inside and to a lesser extent outside the workplace.

With the ATO having announced a more hardline approach to discretionary trusts, we detail some good news around the possible retrospectivity of their new approach.

Superannuation is an investment vehicle specifically designed to help you save for retirement – this is one of the key reasons why you should take an interest in your superannuation. Whether you’re employed, self-employed or even nearing retirement, it’s never too late to build up your superannuation to boost your retirement savings.

Since the SMSF member limits recently increased from four to six, larger families may be considering having one large superannuation fund for all family members.

A common question facing businesses is how to finance and account for the acquisition of a motor vehicle. There are numerous ways that can be used, with each having unique taxation treatment.

Are you aware of the personal property security register? In this May newsletter, we outline importance and how it can reduce your risk of property you are thinking of purchasing being repossessed.

Download our Newsletter in PDF form to read more.

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Photo by Kevin Delvecchio on Unsplash

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