Month: March 2025

What Is Unit Pricing In Super Funds?

Written on March 31, 2025. Posted in Blog.

Ever noticed your super balance going up and down, even when you haven’t made any changes? It’s not just about fees, contributions, or insurance premiums – it’s also about how your super fund calculates investment earnings.

Super funds use one of two methods to allocate investment earnings: unit pricing or crediting rates. While industry super funds have traditionally used crediting rates, most funds now use unit pricing, which works similarly to buying and selling shares in a company.

Claiming Expenses Incurred As A Result Of Natural Disasters: Rental Property Owners Beware!

Written on March 24, 2025. Posted in Blog.

Natural disasters can cause significant damage to rental properties and business premises, leading to costly repairs and financial uncertainty.

If you own a rental property or business premises that has been impacted, it’s important to understand what expenses you can claim and any income you need to declare during the recovery process.

Sustainable Business Practices – A Key Focus For Owners

Written on March 17, 2025. Posted in Blog.

Sustainability has become a key focus for businesses across all industries.

Companies are increasingly recognising that sustainable business practices not only help the environment but also improve efficiency, reduce costs, and enhance their reputation with customers.

Understanding Division 293 Tax: What High-Income Earners Need to Know

Written on March 10, 2025. Posted in Blog.

Division 293 tax is an additional tax on concessional superannuation contributions for high-income earners in Australia.

It is applied at a rate of 15% on certain super contributions when an individual’s combined income and concessional contributions exceed $250,000 in a financial year.

FBT Preparation (What You Need To Do Before 31 March)

Written on March 3, 2025. Posted in Blog.

As 31 March approaches, businesses need to prepare for their Fringe Benefits Tax (FBT) obligations to ensure compliance with the Australian Taxation Office (ATO).

The FBT year runs from 1 April to 31 March, and preparing ahead of time can help businesses avoid costly mistakes, reduce their FBT liability, and ensure all required records are in place.