How to keep your finances on track

When it comes to your finances, it’s a good idea to check in on your progress periodically, to see if any adjustments to your budget or changes in your habits are necessary. Even if you’ve set your budget for the year, you may learn a new strategy or have a priority come up suddenly that causes you to shift your thinking. Here are ways to take stock of your finances,…  Read more

What’s changing on 1 July?

Company tax rate reduces to 26% for base rate entities $150k instant asset write-off scheduled to reduce back to $1,000 for small business entities and will no longer be available for entities with an aggregated annual turnover of $10m or more, although accelerated depreciation rules apply to certain entities until 30 June 2021 Cents per km rate for work-related car expenses increase to 72 cents Expected reforms to allow 66…  Read more

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