Entries by Maroo Advisory

Maroo Monthly Insights – November 2024

In this issue What makes or breaks Christmas? When overseas workers are Australian employees Are student loans too big? What makes or breaks Christmas? The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is […]

Maroo Monthly Insights – October 2024

In this issue Payday super: the details The ban on genetic test insurance discrimination 01 Succession: the series Payday super: the details ‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will be obligated to […]

Maroo Monthly Insights – September 2024

In this issue It wasn’t me: the tax fraud scam Property and ‘lifestyle’ assets in the spotlight Is the RBA to blame? The economic state of play $81.5m payroll tax win for Uber It wasn’t me: the tax fraud scam You login to your myGov account to find that your activity statements for the last […]

Spring 2024 Tax Bulletin

In This Issue Dealing with Family Trust Elections and Interposed Entity Elections when they close the loop too tightly Market Valuation – Dealing at Arm’s Length Voluntary Disclosure during review or audit – Why, When & How Personal Services Businesses falling foul of Part IVA ATO: Lifestyle Assets Data-Matching Program Dealing with Family Trust Elections […]

Maroo Monthly Insights – August 2024

In this issue When is a gift not a gift? Divorce, you, and your business The changes to how tax practitioners work with clients The rise in business bankruptcy When is a gift not a gift? The Tax Commissioner has successfully argued that more than $1.6m deposited in a couple’s bank account was assessable income, […]

Maroo Monthly Insights – July 2024

In this issue What’s ahead for 2024-25? $20k instant asset write-off passes Parliament Is your family home  really tax free? Earned an income from the sharing economy? What’s ahead for 2024-25? Will 2024-25 be another year of volatility or a return to stability? Personal tax & super As you would be aware (at least we […]

Winter 2024 Tax Bulletin

In This Issue Seeking Mercy from the ATO on Private Company Loans Employee Vs Independent Contractor Caution before adding your spouse to your home’s title Is it time to consider or revisit your Estate Plan? Seeking Mercy from the ATO on Private Company Loans The ATO is becoming less liberal in its application of the […]

Maroo Monthly Insights – June 2024

In this issue The essential 30 June guide ATO fires warning shot on trust distributions 5 million+ struggle with mortgage payments  What’s changing on 1 July 2024? The essential 30 June guide The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny and the opportunities to […]

Tax Bulletin – 2024/25 Federal Budget

In This Issue Overview Personal Income Tax – Cost of Living Tax Cuts ATO’s Compliance Funding Measures Government to Extend Both Shadow Economy Compliance Program and Tax Avoidance Taskforce Small Business – Extension of $20,000 Instant Asset Write Off Capital Gains Tax (CGT) Changes for Foreign Residents Superannuation on Paid Parental Leave Other  Measures Overview […]

Maroo Monthly Insights – May 2024

In this issue Company money crackdown Accessing money in your SMSF Should you be the ‘bank of Mum & Dad’? Do your kids really want to take over your business? Company money crackdown The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners […]