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6 June 2024  The Fair Work Commission (FWC) has announced its decision for the Annual Wage Review 2023-24.   The Review encompasses two primary tasks:  The

May 30, 2024 In a significant move announced in the 2023-24 Budget, the Victorian Government is set to progressively abolish Stamp Duty on commercial and

May 23, 2024 For tax purposes, the purchase of an asset is considered ‘capital’ and is not immediately tax deductible. Businesses purchasing assets may be

May 16 2024 On May 14, 2024, Treasurer Jim Chalmers presented the Federal Budget for 2024-25. For a detailed budget guide, click here. Sky Accountants

May 9 2024 Despite the ups and downs and scandals, cryptocurrency has firmly established a presence in the Australian and Global financial landscape.  With widespread

Whilst self-education is an important investment in one’s career advancement and personal growth, the financial burden associated can be significant.  Fortunately, a tax deduction can

As we approach the midpoint of 2024, we once again find ourselves heading into budget season.  A pivotal time when the Federal and State governments

We have previously written about the 2022 Federal Budget announcement that not-for-profit entities that self-assess as income tax exempt, will be required to lodge an annual ‘NFP

The Efficiency Grants for Small and Medium Sized Enterprises Round 2  is aimed at supporting businesses to upgrade or replace inefficient equipment in order to improve their

Australia’s superannuation landscape has been undergoing a progression of significant change, with recent amendments to the National Employment Standards (NES), the slated introduction of payday

We recently wrote about the proposed changes to the Stage 3 tax cuts and also provided an update on the Sky Accountants Podcast. To recap, the Stage 3

Fringe Benefits Tax (FBT) is a tax payable by employers on non-cash benefits provided to employees. This is essentially any benefit provided to employees beyond