Author Archives for wybenga_admin

Foreign residents selling property in Australia

Foreign resident capital gains withholding (FRCGW) of 12.5% applies for all property sales of $750,000 or more.

Employees taking more sick days – and it’s getting worse

Recent data shows an increase in the average sick leave days to 13.8 per employee per year.

ACCC scam report

Australians made more than 600,000 reports about scams in 2023 — about 18 per cent more than in 2022.(ABC News: Evan Young/Canva)

ATO warns of ‘serious penalties’ for unlawful tax scheme promoters

The ATO is targeting unlawful tax and super scheme promoters, citing “serious” penalties and reputational risk.

Budget breakdown – Federal Government Analysis

The 2024 Federal Budget is broken down into these five PDFs. Click on each to read more.

Winners & Losers

Jim Chalmers has handed down the government's third budget, with a $300 power bill boon for every Australian household, but the purse strings kept tight on other measures.

Federal Budget 2024

Four main components of this year's Federal Budget can be seen by using the following links.

Medicare levy surcharge OR basic health insurance ?

Do the sums for your circumstances

2024 Year End Tax Planning Guide (Part 1)

In May and June, we will add two articles to our website that help you plan and take action before the end of the 2023-24 financial year.  Both Part 1 and 2 will cover the following, though Part I focuses on key strategies to manage your tax bill.  All are worth dedicating time to review and think about how your business can organize your affairs in these ways.

Oldest Buildings in the World.

Check out the oldest Buildings in the World.