The way you access government online services is changing. AUSkey and Manage ABN Connections (your ABN connected to your myGov) is being replaced by myGovID and Relationship Authorisation Manager (RAM) at the end of March 2020. myGovID is the
Insurance payouts from recent disasters
Will I be taxed on insurance payouts? Your Family Home – payments you receive for your main residence is not taxable. Personal Property – payments received for personal assets (household items, furniture, boats, private cars) are not
Writing ‘2020’ and not just ’20’
Next time you sign an important document make sure you date it with the full year. If you just format the date with the last two digits, 20, it can easily be changed to a year in the past or future, like 2019 or 2021. This is especially
SMSF Pensions/rollovers
If this year you are contemplating starting a new pension or rolling money in or out of your self managed superannuation fund please contact us so that we can help you prepare the correct forms and make sure you fulfill all your lodgement