• ATO targets profits of professional service firms

    The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, engineers, architects etc., operating through trusts, companies and partnerships of discretionary trusts and how the profits from these practices are being taxed.

  • The 1 July 2021 Superannuation Changes

    Changes from 1 July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account.

  • The Pandemic Productivity Gap

    The productivity gap was always there. The pandemic merely brought the gap into stark contrast.