Recent News

Everyone wants to be a business owner, capitalising on cash flow and quantum leaping into the lifestyle that comes with being your own boss. However, whilst this may sound like the natural progression for many tradies, there is plenty to consider...

"Woohoo! I'm getting a tax refund!" It’s the news we all want to hear because, let’s face it, no one wants a tax bill! So what’s the best way to use your tax refund? Before you race off to the shops and spend it all, consider some smarter ways to use your tax refund...

When the Federal Budget was announced in May this year, there was some news which made low and middle income earners smile – the decision to extend the tax offset for the 2021/22 financial year. The Low and Middle Income Tax Offset (LMITO) helps low and middle income...

In 2022, the Government is set to launch a new reporting scheme, targeted at stopping sharing-economy participants from skipping their tax obligations. What is the sharing economy? As described by the ATO, the sharing economy is economic activity through a digital...

Consider these investment options for your SMSF There’s a lot of differences in SMSF’s, particularly when it comes to investment goals; we all have different goals and plan to use our super in different ways. So here’s three important considerations when deciding on...

We’ve all heard of GST, but as a new business owner it can be difficult to understand your different tax obligations. For instance, what happens when you reach the $75,000 income threshold? First of all, let’s take a look at how GST works. What is GST? GST is a 10%...

  Client Testimonial "I've had a great experience working with Rob at Greenhalgh Pickard, I'm very grateful for his advice and knowledge and in the end I've obtained a very positive outcome. Thanks for all the hard work Rob!"   Our Mr Hollis...

Cryptocurrency and Taxes - We can help! Did you know Greenhalgh Pickard can now help with your Cryptocurrency Tax obligations? Crypto trades and transactions require meticulous record keeping and we at Greenhalgh Pickard have developed a spreadsheet...

Domestic Violence has in recent times been in headlines of the media for its major reforms to help protect its victims. However we have found here at Greenhalgh Pickard that there isn’t a lot of information out there for alleged perpetrators as to...

EMPLOYMENT LAW NEWS   ATTENTION EMPLOYERS: The Fair Work Commission (FWC) has just announced in their Annual Wage Review, that from July 1 2021, the national minimum wage is set to rise by 2.5%. This change to the Fair Work Act 2009 will apply to all awards,...

As a small business owner, you no doubt have a lot on your plate. Depending on the size of your business, you probably wear a lot of different hats too, from CEO and CFO through to marketing manager and book-keeper. So what are some of the common mistakes small...

The ATO has become aware that some taxpayers think that the anonymity of cryptocurrencies provides a licence to ignore their tax obligations, and are therefore not reporting their cryptocurrency capital gains or losses. However the ATO is able to closely track where...