Posts by Success Tax Professionals
30% tax applies to super fund balances greater than $3m
From the 1st of July 2025, the future earnings of super fund balances greater than $3m will be taxed at 30%.
Read MoreCloud accounting software
Cloud-based accounting, where the program and data are housed on a separate computer, started in the late 1990s with NetSuite.
Read MoreWhat does the Australian government spend your income tax on?
Social security and welfare: This includes programs such as the Age Pension, Disability Support Pension, and JobSeeker Payment.
Read MoreDirectors duties and the Corporations Act 2001
Directors and secretaries are known as the officeholders of a company, and their legal obligations are set out in the Corporations Act 2001.
Read MoreIncrease productivity and reduce costs with a four-day work week
A four-day workweek is a workplace arrangement whereby employees work four days per week rather than the customary five.
Read MoreProtect your assets with a pedigree trust
A pedigree trust is a type of discretionary trust established to ensure that the property of the trust will remain within a particular family.
Read MoreFBT exemption for retraining and reskilling staff
Employer expenditure on retraining and reskilling redundant (or soon to be redundant) employees is exempt from Fringe Benefits Tax (FBT).
Read More5 advantages of staff working from home
Having staff work from home reduces office space requirements and reduces rent for both the employer and employees.
Read MoreCrowdfunding for fast growing businesses
Crowdfunding involves using the internet and social media to raise funds for specific projects or particular business ventures.
Read MoreWhat is credit card hacking?
Credit card hacking is defined as opening multiple credit cards. The aim is to use the welcome offers and bonus points and then cancel.
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