Blog

Welcome to the Accounting Evolution blog space. Here we aim to keep you informed – always, and entertained – where possible (it is tax and accounting after all), with selected content designed to keep you abreast of changes, trends, new products and anything else of interest in the world of Tax and Accounting. If you want to know what’s happening, come back regularly to the Accounting Evolution blog pages.

September 2022 Newsletter

Welcome to our Spring newsletter. September means it’s football finals season and hopefully the beginning of warmer weather despite the recent late winter chill. In August, the focus was on US Federal Reserve chair Jerome Powell’s speech at the annual Jackson Hole business gathering on August 26, and he was blunt. To hose down talk […] Read More

Spring 2022

Welcome to our Spring newsletter. September means it’s football finals season and hopefully the beginning of warmer weather despite the recent late winter chill. In August, the focus was on US Federal Reserve chair Jerome Powell’s speech at the annual Jackson Hole business gathering on August 26, and he was blunt. To hose down talk […] Read More

August 2022 Newsletter

It’s August and as winter draws to a close there’s snow in the Alps and the wattle is blooming. Many Australians will soon receive a sizeable tax refund, if they haven’t already, which should help ease those rising cost-of-living blues. Rising inflation and interest rates were the focus of attention in July. The US Federal […] Read More

Winter 2022

June has arrived and so has winter, as the financial year draws to a close. Now that the federal election is out of the way, it’s time to focus on planning for the future with more certainty.Cost of living pressures, inflation and interest rates were major concerns in the lead-up to the May federal election. […] Read More

May 2022 Newsletter

Welcome to our May newsletter, and while the weather is cooling the economic and political landscape is heating up. All eyes are on interest rates as the federal election campaign shifts into top gear ahead of the May 21 polling day. The economic event that overshadowed all others in April was the release of the March […] Read More

Borrowing for property investment

Purchasing property through SMSF lending is becoming increasingly popular, however the requirements and restrictions around the borrowing strategy can be quite stringent. Read More

The Sole Purpose Test

Individual trustees and directors of self-managed super funds (SMSF) take on a number of significant responsibilities and obligations when running their fund. Adhering to the sole purpose test is one of the most fundamental superannuation rules all trustees must follow to avoid facing serious penalties and to ensure their SMSF remains eligible for the tax concessions normally available to super funds. Read More

When an SMSF member becomes bankrupt

Australia's SMSF sector has experienced tremendous growth over the past decade, with a vast majority of funds now being set up with two members, usually a husband and wife or de facto couple. Read More

SuperStream deadline

The ATO is urging small business owners to adopt the SuperStream standard before the impending 30 June deadline. Read More

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