May 2024 Newsletter

Newsletter: May 2024 Feel free to download and share a PDF copy of this newsletter: https://krsaccountants.com/wp-content/uploads/2024/05/KRS-May-2024.pdf Selling your home? Beware of a partial Capital Gains Tax liability!  With the temptation for homeowners to cash in on spiralling house prices around Australia, it is important to turn your mind to whether you may only have a partial Read more about May 2024 Newsletter[…]

April 2024 Newsletter

Newsletter: April 2024 Six super strategies to consider before 30 June 2024 With the end of financial year fast approaching, now is a great time to boost your superannuation savings and potentially save on tax. Below are six superannuation strategies to consider before 30 June 2024. Tip 1 – Use the carry forward concessional contribution rules  Read more about April 2024 Newsletter[…]

March 2024 Newsletter

Stage 3 tax cuts – a tax saving opportunity? Legislation giving effect to the government’s revised settings for the Stage 3 tax cuts has been passed by both houses of Parliament with the support of the Coalition. The stage 3 tax cut changes: Reduce the 19% tax rate to 16% for incomes between $18,200 and Read more about March 2024 Newsletter[…]

Radar

When two negatives collide: Property damage and Tax  Newsletter

Many of our clients are located on the East shore of Australia. Two months ago Mother Nature provided a late Christmas gift being a substantial storm colloquially referred to as the ‘Boxing Day Storm’. Several friends and family were without electricity for nearly two weeks and others sustained damage at their property. You may have Read more about When two negatives collide: Property damage and Tax  Newsletter[…]

2022 Federal Budget

With a Federal Election due in the next 8 weeks, the Morrison Government made its bid for re-election with the following headline announcements in the Federal Budget released on Tuesday 29 March 2022:  Petrol tax slashed by 22 cents per litre for 6 months from Budget night. 10 million low and middle-income earners will receive Read more about 2022 Federal Budget[…]

Christmas Newsletter!

And that’s a wrap on another eventful year. I’m very grateful to be based in sunny and largely restriction free Queensland when I hear stories from interstate and overseas clients. In 2020 we assisted many businesses through a tense time of uncertainty while 2021 was a manic year of business restructures, mergers & acquisitions and Read more about Christmas Newsletter![…]

Nov 2021 Newsletter + Director ID’s

Director ID’s You may have seen recent news articles stating that all company directors must have director ID’s by 1 November. Some of these articles are alarmist so let me assure you that there’s no reason to panic. Yet. The system accepting director ID applications opened yesterday however the application deadline depends on when you were Read more about Nov 2021 Newsletter + Director ID’s[…]