No-one wants to spend too much time thinking about their own mortality.

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:

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.

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.

Having a self-managed superannuation fund (SMSF) gives you control and flexibility over how you make investments and prepare for retirement.

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.

With the end of another financial year approaching, it’s time to start preparing yourself to lodge your annual tax return.

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.

My journey at Strategem started in July of 2017.

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%.

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.

There’s plenty of advice available to help you manage your business finances.