If you have income from investment properties, now is the time to start gathering your records and reviewing your expenses for the 2023 financial year. Income to Declare All income earned from each property must be declared. If you have multiple properties, keep the records for each property separate to make the tax return more […]
Category: Individual / Personal Accounting
2023 Federal Budget
As expected, Labor’s second Budget was filled with measures aimed at easing the cost of living over the coming years, addressing the challenges of a slowing economy, and bolstering the healthcare system. There were a number of changes to superannuation, taxation, social security, aged care, housing and other measures that may be of interest to […]
2022 October Federal Budget
Last night, the government handed down the October Federal Budget for 2022-23. The announcements focused on easing the cost of living over the coming years, addressing the challenges of a slowing economy, and introducing investments designed to place Australia in a stronger position for the future. There were very few changes to superannuation & taxation, […]
2022 Federal Budget
Tuesday night’s pre-election Federal Budget contained a variety of spending and support initiatives aimed at low and middle income earners, families and businesses. There were very few changes to superannuation, but a number of taxation and related measures. Please note that these proposals are not yet legislated, and as always, the team at AGS Financial […]