Superannuation and Estate Planning
Whist no-one wants to talk about their death, it’s important to decide what will happen to your assets when you die. This process will include addressing issues like estate plans, your Will, testamentary trusts, powers of attorney, as well as legal and financial housekeeping.
Read more
Capital Gains Tax and Concessions for Business
If you take the time to understand the principals of project management, you can be certain to deliver many a successful project, which in turn evolves your business and ensures you thrive in these modern times.
Read more
Substantiation – Work-Related Self-Education Expenses
You may be asked to provide supporting documentation to verify the deductions you aim to claim in your tax return. Read on for a guide to substantiation for Work-Related Self-Education Expenses.
Read more
Low and Middle Income Tax Offset
In the 2019–20 Federal Budget the Government announced its intention to change and build on the Personal Income Tax Plan, introducing the new low and middle income tax offset (LMITO).
Read more
Cars and Tax – New Thresholds and Taxes for 2019/2020
From 1 July 2019 there will be changes to the thresholds for luxury car tax, GST and income tax related to cars.
Read more
Changing Business Structure
Your growing business is a blessing and will often result in the need to change the business structure to support your success. However, as many small businesses change their structure from sole trader to a more complex company or trust structure, it can lead to accidental errors with consequences.
Read more
Increased Income Tax Rate Thresholds
The 2018/19 tax year heralds the introduction of new income tax thresholds for the 2018–19, 2022–23 and 2024–25 income years. These changes apply to residents, foreign-residents and working holiday makers.
Read more
Substantiation – Work-Related Travel Expenses and, Meals and Accommodation
You may be asked to provide supporting documentation to verify the deductions you aim to claim in your tax return. Read on for a guide to substantiation for Work-Related Travel Expenses and, Meals and Accommodation.
Read more
Substantiation for Work-Related Car Expenses
You may be asked to provide supporting documentation to verify the amounts included in your tax return.
Read more
End of Financial Year Payroll Process
End of financial year 2019 appears is shaping up to be a winner with the introduction of Singe Touch Payroll making end of year payroll simpler for all. Read on for everything you need to know to perform year-end payroll in Xero.
Read moreThoughts From Our Principals
Mark Semmens
Mark is a Chartered Accountant with a wealth of experience in accounting and taxation. Mark is a Member of Chartered Accountants Australia and New Zealand, the Tax Practitioners Board and the National Tax and Accountants Association.
Mark's blogs
Daniela Semmens
Daniela Semmens is a Co-Director of Semmens & Co. and joined the company as General Manager in 2017. Daniela is an Affiliate Member of Chartered Accountants Australia and New Zealand and also a Member of the Australian Institute of Project Management.
Daniela's blogsContact Us Today
For any enquiries into our team or our services please contact Semmens & Co. via email at [email protected] or call us on 03 8320 0320
We Are Associated With:
