I have always loved the beginning of a new year and the fresh start it represents.
I return to work after our Christmas shut down (so lucky I know) rejuvenated from spending quality time with my family & friends. I always make plenty of plans for the year ahead for my personal & professional life such as I want to look after my health, further my education, hire a house cleaner, etc.
The introduction of the new Downsizer contributions generally now allows a contribution of $300,000 per member to be made to a superannuation fund on the disposal of a member's home that was their main residence, where this property has been owned for at least 10 years.
Ever made a loan application or done a tax return and looked at how much you earn each year? It’s pretty scary really. So….. I earned all that money – where did it go?
Are you declaring the income received from renting out a room or your whole house or unit on a short-term basis through Airbnb and other digital platforms?
It is important when hiring workers to understand the difference between contractors and employees for tax and superannuation purposes. If you misclassify your workers you could be caught out with penalties and charges.
CSCG provides the depth and breadth of services available from any major accounting firm while providing the personal touch only a locally-owned firm can offer.
