Avoid ATO’S increased tax penalties – reminders and updates
Announced as part of the 2023–24 Federal budget, increased funding has been provided to the ATO to scrutinise taxpayers who have high-value outstanding debts of over $100,000 and aged debts older than two years where those taxpayers are:
Navigating Your Financial Journey: The Power of Financial Planning
In the ever-changing landscape of personal finance, having a clear roadmap is essential to achieving your life goals and securing your financial future.
A Real Strategem Insurance Case Study with Adam Middlemis
Often the value of good financial advice is difficult to grasp for those who choose to go it alone or those who fail to find a planner possessing the appropriate knowledge, with attention to detail.
The future of risk advisors
Insurance risk advisors play a crucial role in the insurance industry by providing expert guidance and strategic advice to individuals and businesses.
ATO’s crackdown on residential investment property loans and tax compliance
The ATO has announced the commencement of a data-matching program for property investors to acquire residential investment property loan data from authorised financial institutions.
Tax Tips for Trusts 2023
Whether you have a trust set up for investment or business purposes, there are some common elements to getting ready for the trust’s tax return.
Practice Update - July 2023
The Federal Court has found that four companies that are or were part of the AMP Group breached the law when charging life insurance premiums and advice fees from the superannuation accounts of more than 2,000 deceased customers.
Tax tips for self-managed superannuation funds 2023
Having a self-managed superannuation fund (SMSF) gives you control and flexibility over how you make investments and prepare for retirement.
Which business expenses can you claim against tax?
Incurring expenses is an unavoidable fact of running a business.
Prepare for Finalising Single Touch Payroll
It’s nearly time to make a finalisation declaration for Single Touch Payroll.
Get Your Business Records Ready for Your Tax Return 2023
Organising your documents now will mean you can get your tax return completed earlier and access any refunds due or start planning for tax payments.
How to Prepare for the Upcoming Tax Season
With the end of another financial year approaching, it’s time to start preparing yourself to lodge your annual tax return.
Kris Tatt | His Strategem Journey
As a father of four children 6 and under (including twin 4 year olds) I know just how important it is to make the most of the special moments as they grow up.
Meghan Rogers | Her Strategem Journey
My journey at Strategem started in July of 2017.
Super Guarantee Rate Rises in July to 11%
In July 2023, the superannuation guarantee statutory rate will rise to 11%. Annually, the rate is increasing by 0.5% until July 2025 when it will reach the legislated 12%.
Changes to stamp duty, payroll tax, land tax and insurance duty.
Strategem Financial Services is pleased to bring you the latest updates on the significant changes announced by the Victorian Government as part of the 2023-24 State Budget.
7 ways to get more from your personal finances
There’s plenty of advice available to help you manage your business finances.
What the Latest Federal Budget means for you.
The 2023-24 Federal Australian Budget announcement titled "Stronger foundations for a better future" acknowledges the challenging economic environment and uncertain global outlook.
New accountability measures proposed for ABN holders
Originally announced in the 2018–19 Federal Budget, and now set out in draft legislation, are newly introduced accountability measures for ABN holders.
Rising HELP Debt: Should You Pay It Off Early?
With the recent surge in HELP debt by 7.1% in June, many students and graduates are left wondering whether paying off their debt early is a wise financial decision.
