Each year, the Taxation Office issues a list of deductions that they will be targeting in the coming financial year. This year is no different, but what is reported to the Taxation Office is different.
The secret to a successful business is to make sure you are not just working IN your business but you are working ON your business. As the new financial year begins, there’s no better time to give your business a financial fitness check.
Checking in on your goals, finances and health We don’t think twice about taking our car in for a regular tune up. Why? Because we know it’s going to mean our car runs at its best and saves unexpected problems down the track.
Although most Aussies pay their tax bill on time, some can’t – or just won’t – pay what they owe.
On Tuesday night, the Federal Government handed down their budget just months ahead of the next Federal election.
Instant asset write-off extended, again. With small business votes likely to be a key battleground during the Federal election campaign, the Morrison Government has announced its first tax sweeteners.
We can handle all your business accounting and financial needs. Our team of business accountants in Melbourne are highly experienced experts. We can help you with everything from tax planning to wealth solutions.
The proposed changes announced by the Federal Opposition to the way franking credits operate will have significant implications for some investors; but will have little to no impact for the majority of investors.
With almost 4 million Australians making work-related car expense claims, the Australian Tax Office has the practice in its headlights.
Tax time comes around with alarming regularity, so why is it that we tend to wait till the 11th hour to get all our affairs in order?
Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO in real time with each pay run.
In today’s world of technology, there are more and more methods which scammers are using in order to impersonate government agencies such as Taxation Office, ASIC etc.
As part of our Community Involvement initiative, we have recently donated to MacKillop Family Services, Paws 4 Kids campaign.
Most people want to remain independent throughout retirement and to stay in control of where and how they live.
Australia has enjoyed almost three decades of economic sunshine. But it’s worth remembering that dark clouds can appear without warning over both individuals and economies.
The holidays are traditionally a time to relax and reflect on the importance of family. They are also an opportune moment to think about how you can care for and protect your family all year round.
Many employers offer salary packaging to attract and retain employees with additional benefits. If it's done well it can be good for both the employer and the employee.
Australia is hurtling towards being a cashless society at a startling rate, with some pointing out that if the current trend were to continue it could be as soon as 2022.
Scammers pretending to be from ASIC have been contacting Registry customers asking them to pay fees and give personal information to renew their business or company name.
Our app feature for this newsletter is "HubDoc". An app which gathers your key financial documents in one place.
Hamilton Morello continue to support the Jane Austen Literacy Foundation, through providing pro bono services.
From the team at Hamilton Morello, we wish you and your family a very Merry Christmas and a Happy New Year. We thank you for your continued support throughout the year and look forward to a successful 2019.
Giving back to the community is important to Hamilton Morello. This quarter we "stepped up for Cerebral Palsy Research" and we made a donation to the "Prostate Cancer Foundation of Australia" in memory of Peter Burgess.
Why it’s now even more important to pay your debts on time. Australia has recently moved from a Negative Credit Reporting System to a Comprehensive Credit reporting system.
When you are young, healthy and just starting your working life the last thing on your mind is life insurance.
While estate planning is essential for any parent, it takes on additional significance for the parents of a child with special needs. One of your biggest concerns is probably planning for their future care when you are no longer there to look after them.
In June 2018, promising Melbourne start-up Unlockd went into voluntary administration blaming Google. This was not a risk Unlockd or its high-profile backers saw coming.
Rhys Pedler, Jason Smith and Chris Katotriatis from Hamilton Morello recently attended XeroCon in Brisbane.
Our app feature for this quarter is "Tradify". A job management app for tradesman.
On the 5th September 2018, Peter Burgess lost his battle with cancer and said his last goodbyes. He will be long remembered by many people including staff, friends, family, colleagues, business associates, clients and golfing buddies.
When it comes to personal finances and ways to build your wealth it seems that everyone has an opinion – and a preferred pathway for wealth accrual.
We all know what it feels like to be stressed. For most of us, it is a hallmark of our daily lives. While the word has very negative connotations, stress can actually drive us forward.
People often think their superannuation will be treated as part of their estate when they die and distributed according to their Will, but that’s not the case.
From 1 January 2018, a vacant residential land tax applies to homes in inner and middle Melbourne that were vacant for more than six months in the preceding calendar year.
The Virtual Cabinet® Document Portal is a cloud-based document portal with a difference.
With increased pressure facing the Life Insurance industry, have you reviewed the suitability of your personal insurance policies?
The sharing economy connects buyers and sellers to each other, often through an app or a website. If you provide goods or services this way you need to consider how income tax, GST or any other tax applies to your earnings.
A lower payroll tax rate of 3.65 per cent is available for wages paid by eligible regional employers. This reduced rate applies to wages paid from 1 July 2017.
If you’re planning to buy a home this season, you’ll need to know what you’re looking for depending on where you're at in life.
Transition-to-retirement (TTR) strategies can take advantage of tax savings when you start accessing your super. But with recent changes to super rules from 1 July 2017, are TTR strategies still as rewarding as before?
Have you heard of someone that has been called by a scammer pretending to be the ATO? Don't let it happen to you!
Are you unsure what payroll, superannuation and BAS lodgement obligations you have during July 2017? Please speak to your Hamilton Morello advisor if you have any questions. Key lodgement dates are as follows.
The government has recently handed down the Budget for the 2017/2018 financial year. Read on for the impact on small businesses and personal taxation.
5 reasons why women need specific financial strategies tailored to their unique circumstances.
The countdown to super reform has begun, with new rules set to take effect on 1 July. If you haven’t thought about how your super might be impacted by the changes, now’s the time to get ready. Here are some of the more important changes...
