Entries by Miyo

Can I Deduct it…? ATOs Golden Tax Deduction Rules

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As we turned the corner with the beginnings of a new financial year, we’re deep in tax time and it’s important to understand what can and can’t be deducted. With an incentive to reduce taxable income to increase a potential tax refund, sometimes we can sometimes be too optimistic with what classifies  as a work-related […]

Superannuation Guarantee Changes as of July 2022

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From 1 July 2022, there are two main changes to the Superannuation Guarantee (SG). The changes include: Superannuation guarantee increase from 10% to 10.5%. There is no longer a minimum income threshold – employees are now paid superannuation for all hours worked (subject to an eligibility criteria, additionally workers under 18 years of age are […]