by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance
All businesses should review their expenses periodically. Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival. No matter what the circumstances, here are...
by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax...
by Canning Tax & Advisory | 29 Sep 2023 | Tax Compliance
The tax refund many Australians expect has dramatically reduced. We show you why. The reward is in the form of tax deductions that reduce the amount of net income that is assessed for tax purposes and tax offsets that reduce the tax payable, generating a refund for...
by Canning Tax & Advisory | 29 Sep 2023 | Business Operations, Business Planning, Tax Compliance
The proposed objective of superannuation released in recently released draft legislation is: ‘to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.’ The significance of legislating the...
by Canning Tax & Advisory | 29 Sep 2023 | Tax Compliance
What will the Australian community look like in 40 years? We look at the key takeaways from the Intergenerational Report. The 2023 Intergenerational Report (IGR) is a crystal ball insight into what we can expect Australian society to look like in 40 years and the...
