2015 Federal Budget wrap up

Here’s our 2015 Budget wrap up. Overall we are pleased to see that small business has come out a winner finally (after some of the relief introduced by the previous government that had been squashed by this government have come back).  Looks like the Minister for Small Business is either doing his job or our politicians are realising that Australia no longer rides the on the back of the sheep...

Tax and relationships…..not quite as romantic as ‘bride and groom’ or ‘champagne and strawberries’ but important non the less

I’m sure the last thing you’re thinking about when you move in together or are getting married are the tax implications but for those of you lovebirds looking at taking this next big step in your relationship it’s important you have a general understanding of what it means to be a “spouse” under tax law because that can change the approach taken to certain financial arrangements, clarify any potential pitfalls...