Finally bringing down the knife: the Federal Government released a proposal to realign and redistribute personal income tax cuts legislation, to commence on 1 July 2024, for the 2025 financial return year.
Australians have been waiting…
Employers & business
Superannuation guarantee increases to 11% from 10.5%
National and Award minimum wage increases take effect.
The minimum salary that must be paid to a sponsored employee - the Temporary Skilled Migration…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/10/ThumbSummary.webp11931206adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-10-24 08:30:582023-10-19 15:44:26A summary of all business tax changes this year
On the 14th of August 2023, we're moving to 89 Simcock Avenue, Spotswood!
We are thrilled to announce that our new office is strategically situated 7km from the CBD (and 300m from the Spotswood rail station) to be convenient for all our…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/08/InstaMovingOffice_Small.jpg9901000adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-08-10 13:18:082023-08-10 13:18:08Optimised Accounting is moving office
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home.
The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/03/InstaWFH.jpg11941206adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-03-28 07:00:052023-10-05 15:11:05What Work from Home deductions apply for me?
Employees in Australia will soon have access to paid family and domestic violence leave. Business owners and employers should be aware of these changes as the paid family and domestic violence leave means you will have to pay up to 10 days of…
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/12/InstaTitle_01.jpg11941206adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-12-13 09:39:122023-06-05 09:24:18Extension to domestic violence leave
Low interest rates have been a mainstay since the global financial crisis of 2008. When the pandemic hit, Governments pushed stimulus measures through the economy and central banks reduced interest rates even further. Coming out of COVID,…
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/11/InstaInsterest_01.jpg11941207adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-11-15 13:26:382023-06-05 09:25:22Another 1% interest around the bend?
The Queensland Government has backed away from an amendment that would have seen the land tax rate for investment property in Queensland assessed on the value of the investor’s Australia wide land holdings from 1 July 2023, not just the…
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/10/qld-square.png515515adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-10-13 14:04:002023-06-05 09:28:31Queensland backs down on Australia wide land tax
Anthony Albanese has been sworn in as Australia’s 31st Prime Minister and a Government formed. We look at what we know so far about the policies of the new Government in an environment with plenty of problems and no easy fixes.
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/06/Screen-Shot-2022-06-16-at-10.03.11-am.png713951adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-06-16 10:04:562023-06-05 09:35:49What to expect from the new Government
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts distribute income. Many family groups will pay higher taxes (now and potentially retrospectively) as a result…
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/03/2Artboard-1-copy-62.png800800adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-03-15 14:06:252023-06-06 09:13:27Trusts and Trust Distribution changes in 2022
In its 2020 Budget Digital Business Plan, the Australian government announced the full implementation of the Modernising Business Registers (MBR) program. The program is designed to both establish the new Australian Business Registry Services…
https://www.optimisedaccounting.com.au/wp-content/uploads/2021/05/barcode.png679800adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2021-10-19 11:44:192023-06-06 09:20:55What is Director ID?
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
Essential Website Cookies
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
Google Analytics Cookies
These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.
If you do not want that we track your visit to our site you can disable tracking in your browser here:
Other external services
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
The following cookies are also needed - You can choose if you want to allow them: