Ever Wondered How to Claim Deductions for Personal Super Contributions? If you've made after-tax contributions to your super fund, claiming a deduction in your tax return could be an option. However, there are certain steps you must follow, including providing a Notice of Intent to your super fund. This process comes with specific eligibility criteria, age restrictions, and implications. To explore these intricacies further, dive into Cordner's comprehensive tax deduction guide or consider a consultation with Cordner Advisory accountants located in Broadbeach, Gold Coast.

Navigating GST in property development is intricate, with thresholds and strategies influencing how you manage your projects. From selling properties as ongoing concerns to employing the margin scheme, it's essential to make informed decisions. Dive into Cordner Advisory's insights to master the nuances of GST and streamline your property ventures or consider a consultation with Cordner Advisory accountants located in Broadbeach, Gold Coast.

By now you have probably been bombarded with advertising and information from retailers telling you all about the tax savings that can be had by buying their product…

Are you ready to maximise your superannuation contributions under the new changes commencing 1 July 2022? Significant updates are set to enhance the way you grow your retirement savings. Cordner Advisory, located in Broadbeach, Gold Coast, is adept at guiding you through these superannuation reforms. Partner with us to capitalise on the full potential of your retirement planning.

As the 2022 financial year-end approaches, ensure you're tax-ready with Cordner Advisory's latest blog. Discover essential tax planning strategies, from prepaying expenses to utilising the Instant Asset Write-Off, all before the June 30 deadline. Unlock effective tactics for optimal tax savings and compliance. Gear up for year-end with expert insights from Cordner Advisory – your path to smarter tax planning!

Discover how to navigate taxes on your gig economy earnings with our latest blog. From Airbnb to YouTube, learn what counts as passive income, what deductions you can claim, and how to stay compliant with ATO regulations. Get smart on side hustle taxes with Cordner Advisory's expert tips!

Discover the ATO's updated approach to trusts and distributions in our latest blog. Learn about the impact on family trust beneficiaries, circular distributions, and company entitlements under the new section 100A rules. Unpack the ATO's 'risk zones' and prepare for changes in your financial strategy with Cordner Advisory's expert insights.

Navigate the NSW 2022 Small Business Support Program with our comprehensive breakdown. Uncover how your business can benefit from the $1 billion Omicron relief package, from payroll support to rebates and landlord relief. Ideal for small businesses and not-for-profits seeking guidance in these challenging times.

Exciting developments for Australian families! Our latest blog delves into the Australian Government's recent changes to the Child Care Subsidy. Find out how the removal of the annual cap for families earning over $190,015 and increased subsidies for those with several young children in childcare can significantly benefit your family's finances and childcare plans.

Are you aware that as a company director, unpaid taxes like PAYG, GST, and SG could become your personal liability? The ATO's reminder underscores the seriousness of your directorial duties. Trust in Cordner Advisory's expertise to guide you through these obligations, ensuring your personal finances remain untouched by corporate tax liabilities. Engage with Cordner Advisory for strategic solutions that protect your interests and maintain compliance with ease.

Are you in step with the latest in corporate governance? The introduction of the Director Identification Number (Director ID) is changing the game in business transparency. As a director, obtaining this unique ID is now a must. Let Cordner Advisory, with its extensive grasp of legislative nuances, facilitate your journey through the Director ID application maze. Trust in our expertise to maintain compliance and stay ahead.

Struggling with the economic aftermath of COVID-19 as a small or medium-sized business owner? Cordner Advisory in Broadbeach, Gold Coast, is your anchor in these turbulent times. Discover how the SME Recovery Loan Scheme can provide the stability and support you need to navigate through the pandemic's challenges. With Cordner Advisory's expertise, tap into government-guaranteed loans and other benefits tailored for businesses like yours, ensuring a resilient and robust financial future.

This grant is available for business, sole trader or not-for -profit organisation in NSW when the business is impacted by COVID-19 restrictions.

Rules around superannuation compliance when onboarding new employees will change from 1 November 2001. Employers will need to undertake an extra step explained below. Failing to meet the requirements may incur penalties.

Navigating the complex waters of tax season, Cordner Advisory spotlights the importance of declaring side hustle income. From market stalls to digital platforms, any extra earnings must be reported to the ATO. Understanding the fine line between a hobby and taxable income can make all the difference. Stay informed with Cordner’s latest insights on side gigs, tax declarations, and permissible deductions tailored for the astute individual augmenting their income stream.

There are updated car threshold amounts from 1 July as follows;

The economic impacts of COVID-19 and the implementation of the government’s tax relief measures…

Contractor-grade licencee under the QBCC Act must provide financial information to QBCC ensuring the licensee meets the minimum financial requirement (MFR).

Your business or not-for-profit organisation may be eligible for a $5,000 grant if you're impacted by the Queensland lockdowns that commenced at 4pm, Saturday 31 July 2021.