ATO targets investment property owners The Australian Tax Office is targeting the 1.8 million people – or about 8% of the population – who own an investment property in 2015. The boom in investment property ownership throws up particular challenges for the ATO, both in making sure that they know exactly who owns what and…
SUPERANNUATION SHAKE-UP: HOW WILL THE BUDGET AFFECT YOUR RETIREMENT SAVINGS? There were a number of major changes made in the recent Budget which will impact many people. Broadly, the winners are low-income earners and those with lower super balances whilst those with high super balances (or those who hope to make large future contributions based…
There’s less than a month to go until the end of the tax year so now is the time to be thinking about some last minute planning to maximise your refund for the year. So, what should you be doing as we head towards June 30? Running your own business? If so, look to utilise…
Dear Friends CGH Accounting has enjoyed a wonderful year and Jason & I would like to take this opportunity to thank you all for your continued support. Word of mouth accounts for 95% of our business growth and we are as always very grateful for the continued patronage. Tax time is upon us again and…
A lot of people leave their preparation for the end of the financial year until it is too late. If you feel that your finances could do with a shake-up before June 30, there are many tax-effective strategies that you and your CGH accountant and financial adviser can implement now to ensure that the end…
I am five years behind in lodging my tax returns and BAS. Will I get into trouble? The ATO phones are manned by Humans! They have a heart too…The matter just needs to be handled correctly. That’s where we come in. You should lodge your outstanding tax returns as soon as possible and before the…