The benefits of cycling might include fitness, health and happiness, but when you’re pedalling with a purpose, there’s even more reason to enjoy the ride. So Hall Browns is very proud to be sponsoring Darren de Jong, Joe Wood and the team from Goodwood Finance who are putting their bodies on the line in late…

As confirmed by the Federal Government, there will be increases in standard concessional (deductible) and non-concessional (after-tax) superannuation contribution caps from 1 July 2024. In the 2025 financial year, the concessional contribution limit will increase from $27,500 to $30,000 per annum. At the same time, the non-concessional contributions cap (which is four times the limit)…

The promised overhaul of Stage 3 tax cuts has now passed through both houses of parliament, and into law. The aim of the Federal Government initiative was to broaden the benefits of the original tax cuts, providing cost-of-living relief to low and middle-income earners, while halving the tax break offered to wealthier Australians. What does…

As we approach the holiday season, a period marked by increased online activity, it is paramount to remain vigilant about identity protection. John Ford, ATO Deputy Commissioner and Chief of the Serious Financial Crime Taskforce (SFCT), has highlighted a concerning uptick in the rate and magnitude of identity thefts perpetrated by criminals for fraudulent purposes….

The holiday season is upon us, and business owners are contemplating ways to express gratitude to their hardworking employees. One common inquiry during this period revolves around tax-effective gift options for both the company and its staff. While the office Christmas party is a popular choice, it’s important to note that its cost falls under…

Be it to gain a competitive advantage, fill a skills-gap, or support employees along their evolving career paths, upskilling is now considered a priority of business management. Equally important is the need to stay on top of business technology. So, to encourage Australian small businesses to upskill their workforce, and invest in digitisation, the Federal…

The Small Business Energy Incentive was first announced by the Treasurer Jim Chalmers in April this year and included as a 2023/24 FY federal budget measure. Its aim is to address and curb rising energy costs and help businesses manage their bills, at a time when the Australian Energy Regulator (AER) reports that  “small business…

Changes now apply (effective 1 July 2023) regarding disclosure of all businesses tendering for large Australian Government procurement contracts. Tenderers for contracts worth more than $200,000 are required to disclose their country of tax residency (including their ultimate parent entity’s country of tax residence), as part of the general business identifier information required in the…

With a focus on the end of the financial year, it’s time to act on opportunities to improve your tax position. It is also important to consider changes in legislation that may have a financial impact on you or your business. With that in mind, here are our Top 5 Tax Tips for the end…