Our latest eNewsletter includes information on the following topics:

Get it right this tax time: don’t lodge your return too early – Early lodgers are twice as likely to make mistakes on their returns, so the ATO recommends that tax returns be submitted later in July.

Regulations have changed for buy now pay later services – All buy now pay later providers now need to hold an Australian credit licence and comply with consumer protection requirements.

When someone dies: the tax to-do list – If someone close to you dies and you’re the one responsible for taking over their tax affairs, there are a number of steps you need to take.

Accrued leave: take a holiday or take the payment? – If retirement’s on the horizon and you have accrued leave, there are tax, super and social security implications to consider when deciding whether to take a holiday now, or take the lump sum payment when you retire.

What happens when SMSF trustees breach super laws? – Setting up your own self managed super fund can have its benefits, but it also comes with significant obligations.