Practice Update
The ATO is focusing on four major concerns this tax season when it comes to rental properties.
What you can expect from the new Government
Anthony Albanese has been sworn in as Australia’s 31st Prime Minister and a Government formed.
Strategem Practice Update
The below update covers the key areas to be aware of this tax season.
Changes to superannuation contribution
Several key super changes which may impact your ability to contribute to your SMSF, are set to take effect from 1 July 2022.
Superannuation changes set to come into effect
A number of proposed changes to the superannuation legislation are likely to come into effect as at 1 July 2021 giving Australian’s the ability to put more money into their retirement funds.
Support for businesses impacted by Victorian lockdown
Following the Victorian Government's announcement regarding the extension of the circuit breaker lockdown, additional support has been announced to provide assistance to those businesses most impacted.
Good Budget news for aged care
The good news is that this year's Budget did not increase how much we pay for the aged care services that we access.
Budget sees more help for home care
If your preference is to age in your own home, the announcement of 80,000 new home care packages in this year’s Federal Budget will be welcome news.
Cryptocurrency in the news … and in the ATO’s sights!!
On 8 February 2021 it was announced by Elon Musk’s Tesla company that it had bought $1.5 billion worth of Bitcoin in order to give it “more flexibility to further diversify and maximize returns on our cash.
Making the transition into Aged Care
Making the transition from independent living to aged care can often be harder than it needs to be.
Does your business have a COVIDSafe Plan?
It's been a long nine months but as we continue to see coronavirus cases in Victoria drop, it's time to start returning to a new COVID normal.
The Road to Glory Starts at the Top
It’s no secret that 2020 has been a year of uncertainty. A year of unprecedented change that no one could ever have expected.
What does the Federal Budget mean for you?
As widely anticipated, the announcement included bringing forward personal income tax cuts already legislated.
Strategem supports childhood education
Each year the Strategem Community Foundation, with the assistance of the Cubit Family Foundation, open up applications from community groups and organisations to receive a $5,000 grant.
Strategem supports Bendigo Health by going Dry this July
Thanks to the help of our employees, friends and family, we managed to smash our Dry July fundraising target, raising a total of $3,182.28.
Keeping you up to date with COVID-19 support packages
As we continue to see heightened restrictions put into place to stop the spread of COVID-19 outbreak, we will continue to bring you updates from the Government in regards to what support packages you may be eligible for.
Dates to be aware of this tax season
For many, the end of the financial year means getting your receipts and documents organized in preparation to lodge your annual tax return.
Following the ATO's golden rules this tax season
As 30 June rolls around again for another year, it’s time for business owners to start thinking about their tax and end of financial year responsibilities.
Here are our top tips to save you this tax time
It's no secret that this tax time will look a little different to last year.
What to do with unused concessional contributions
If you have unused concessional contributions, that is, you did not contribute the full $25,000 in 2018-19 or 2019-20, then you can carry forward these amounts for five years on a rolling basis if your total superannuation balance is below $500,000 on 30 June
