The latest Financy Women’s Index (FWX) for the September quarter has shown the superannuation gender gap is closing, with true parity between men and women now predicted to be achieved in a more rapid timeframe.

The Australian Taxation Office (ATO) has observed websites attempting to harvest personal information such as Tax File Numbers, identity details and myGov login credentials under the guise of providing “super advice”.

The Medicare levy surcharge (MLS) is an additional charge designed to encourage higher-income earners to take out private hospital insurance.

Passage of the Payday Super reforms by parliament this week has cleared the way for employee superannuation to be paid by employers more frequently.

Following on from the Tax Office’s move to refresh its approach to rental property tax deductions, tax advisers are warning holiday home owners to be wary of the coming changes.

Sole trader? Company? Partnership? When you first start a business, you'll need to decide on its structure.

Family businesses form the backbone of the Australian economy, with many starting as simple partnerships before evolving into more complex structures

As differing opinions circulate at the top end of town about the potential impacts of a net cash flow tax, its effect on SMEs could add to their daily struggle in the current regulatory environment.

This depends on who the Australian Taxation Office considers the owner of the income.

As a parent or guardian, it’s essential to understand how tax applies to your child’s money.

Despite one in four (25 per cent) small businesses reporting use of personal savings to stay afloat, close to one in two (45 per cent) of these businesses anticipate that customer demand will improve over the next year, research has shown.

If you can’t account for the amount of super you feel you have earned during your work-life then it could be in this huge amount.

From August 26 2024, Australian workers have a legal right to disconnect from the workplace outside of working hours.

One gap when owning and operating a small business is to get a feel for how you are doing compared to your peers.

Franchise and lease agreements often conflict, so review both together, decide early whether the franchisor or franchisee should hold the lease and do thorough due diligence, including franchisor approval and checking use and assignment clauses.

If retirement is on the horizon and you have a large amount of accrued leave, you may well be contemplating whether to take a big holiday now, or just take the lump sum payment when you retire.

To be eligible to claim working from WFH expenses, you need to be genuinely working from home to fulfil your employment duties, not just checking emails or taking occasional calls.

As heated debates over the proposed Division 296 tax continue to be drawn out, the IPA has called on the government to “reconsider problematic areas”.

Elder abuse is an unfortunate reality that some accountants and advisors come across whilst working with older clients. So, what are the red flags, and what can be done in response?

Business culture is the shared set of values, beliefs, norms, and practices that dictate how employees within an organization behave, interact, and make decisions, shaping the overall work environment and company identity.