Tax Strategies

According to a study by the Australian Securities and Investments Commission (ASIC), around 50% of Australian adults do not have a will. In Australia, if a person dies without a valid will, their estate is considered intestate. Intestacy laws then come into effect to determine how the deceased person's assets will be distributed. The specific…

Tax incentives for taxpayers: Personal income tax rates reduced. The personal income tax rates that were to apply from 1st July 2022 are brought forward to 1st July 2020. These changes involve: Increasing the upper threshold of the 19% personal income tax bracket from $37,000 to $45,000, and Increasing the upper threshold of the 32.5%…

The 10% of practices that currently provide tax planning services to their clients generate annual fees revenue of $284m. This book has been written for the 28,968 accounting practices in Australia (the 90%) that aren’t currently providing tax planning services to their clients. The first part of the book talks about why your clients need…

Tax Savings for 201 Employee Occupations details tax saving strategies and ideas for 201 different employee occupations. It doesn’t matter what the occupation is, there are tax strategies that commonly apply to that occupation. Often employee taxpayers are unaware of all the tax saving strategies that are available. This is understandable as the Australian taxation…

Frank Genovesi’s new tax planning book shows how a home business can offer significant and lasting business, taxation, wealth and lifestyle benefits. Get your copy here through Amazon.

This book details 201 tax saving strategies and ideas, that if implemented will save you tax. It doesn’t matter whether you are an employee, investor, or business owner, there are tax strategies that apply to your circumstances. Often taxpayers are unaware of all the tax saving strategies that are available. This is understandable as the…

Mention the words ‘tax haven’ to the average taxpayer, and they immediately think of tropical islands, numbered bank accounts, and the rich, famous and shady, all evading tax. Their observations are correct, but only the tip of the iceberg, as tax havens are so much more. Tax havens are used by individuals, small businesses, large…

Are you looking for some artwork to enliven your office or workspace? Perth artist Emma Margetts is exhibiting at the Moores Building Contemporary Art Gallery from November 11 to 25, 2017. Margetts’ photo realistic paintings depict the dream-state of children and sentient animal beings. Small businesses buying art prior to June 30, 2018 with a purchase cost of less…