Australian Taxation & Compliance Updates

DIV296 Tax: What it looks like today

I would like to update you on Division 296, a proposed tax targeting large super balances, as it’s evolving...

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The DIV296 Tax Takeaways

Thankfully, the new DIV296 tax has been clarified, and we now have some common sense. Let’s explore the key...

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What is tax optimisation?

The EOFY is busy with new businesses emerging and existing ones moving from sole traders to partnerships or companies....

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FIFO workers – How to maximise your tax position

Posted March 25, 2025 by North Advisory

If you’re a fly-in fly-out (FIFO) worker in Australia, whether on a remote mine site or an offshore oil and gas rig, your unique working arrangements can greatly impact your tax situation.

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Payroll tax obligation in Australia

Posted February 18, 2025 by North Advisory

Australia’s payroll tax thresholds and compliance can be a source of confusion for business owners. In this article, we aim to clarify the sticking points.

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The Division 296 tax – What is ahead in 2025

Posted February 17, 2025 by North Advisory

The DIV296 tax a proposed additional tax on high balance super funds, has been in the news for over a year. What is ahead for 2025? – In this article, our chief financial advisor, Cayle Petritsch, breaks it down.

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Death tax planning

Posted January 23, 2025 by North Advisory

The impact of inheritance tax – Superannuation Death Tax on your legacy is often overlooked in future financial planning.

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Tax minimisation Vs Tax optimisation

Posted October 14, 2024 by North Advisory

Tax minimisation and tax optimisation although sometimes used interchangeably, these strategies have different goals and methods.

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Specialised business tax accountant

Posted September 11, 2024 by North Advisory

A specialised business tax accountant and advisor is more than a number-cruncher. We are a strategic partner in a business’s financial health.

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PAYG the Ins and Outs

Posted May 1, 2024 by North Advisory

Pay-as-you-go (PAYG) is an Australian tax system designed to collect income tax from employees and businesses throughout the year rather than in a lump sum at the end of the financial year.

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