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Posts Tagged ‘news’
Electric Vehicles – Efficient for the Environment… and Your Tax Bill?
November 11th, 2022As the world begins to embrace electric vehicles as a suitable alternative to fossil fuel-powered transport, the Australian Government has planned to reach “net zero emissions” following the passing of Climate Change Bills. The Government’s objective in providing the FBT exemption for electric cars is to encourage increased use of electric cars on the roadread more
WA Property Market Update October 2022
October 21st, 2022Welcome to the October 2022 edition of our WA Property Market Update. This month, it’s a familiar theme – interest rates are up again, the market appears to be cooling slightly, and the general economic and property outlook is uncertain at this stage. What is noteworthy, however, is the fact that the Reserve Bank ofread more
Commonwealth Seniors Health Card – Eligibility Update
October 19th, 2022If you or someone you know is approaching, or has reached, retirement age, you may have come across the Commonwealth Seniors Health Card (CSHC). This card gives holders access to benefits that may reduce the burden of medical bills as they grow old, but those with retirement income over a pre-defined threshold are not eligible.read more
Corporate Sponsorship – Understanding the Tax Implications
September 30th, 2022As accountants and business advisers, we help clients make the most of their business expenditure from a tax point of view, and a number of clients ask us how corporate sponsorship affects their tax position, both when they’re considering sponsorship for a sporting club (or similar), and when they’re offering sponsorship opportunities for other businesses.read more
Combatting Rising Retirement Costs
September 23rd, 2022Throughout 2022, much has been made of the impact of growing inflation, rising interest rates, and cost of living pressures on businesses and families – but perhaps less attention has been given to retirement costs. Single retirees in particular have felt the strain, but no matter the living situation, the average Aussie retiree is nowread more
WA Property Market Update September 2022
September 14th, 2022The more things change, the more they stay the same. We’re kicking off the September 2022 edition of our WA property market update with another nod to rising interest rates. The RBA predictably increased the cash rate again since our last update, up 0.50% to 2.35%. The full impact of this won’t be clear untilread more
Action Items to Navigate a Tough Economy
September 9th, 2022There is a lot going on at the moment that is contributing to increased pressure and stress on household budgets and businesses alike. With rising inflation prompting several interest rate rises and increased cost of living pressures, many Australians are looking for practical, actionable ways to improve their situation. Here we have some action itemsread more
WA Property Market Update August 2022
August 26th, 2022As predicted, the Reserve Bank Australia (RBA) has further increased the cash rate to 1.85% in August, with a view to keeping rising inflation in check. According to the RBA, inflation is set to peak later this year, before returning to its normal 2-3% pa range. But while households feel the pinch of the risingread more
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