Heaney Business Group
The Updated Stage 3 Personal Income Tax Cuts
Legislated personal income tax cuts set to take effect from 1 July 2024 are set for a makeover, according to a new plan unveiled by the Federal Government. Following widespread […]
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New Regulations on Fixed-Term Employment Contracts
Starting from 6 December 2023, significant changes are taking place regarding fixed-term employment contracts. As Heaney Business Group, we want to keep you informed about these important updates that will […]
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Addressing Unpaid Trust Distributions to Private Companies
What unfolds when a trust designates income to a beneficiary in a private company but fails to execute the actual payment? The recent case of Bendel vs. Commissioner of Taxation […]
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Super Guarantee Shortfall: Workers Owed $3.6 Billion
The latest estimates from the Australian Taxation Office reveal that workers are owed a staggering $3.6 billion in superannuation guarantees—a figure that both the government and regulators are keen on […]
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Self-Education Expenses: What You Can Claim
Heaney Business Group provides insights into the latest developments from the Australian Taxation Office concerning self-education expenses. Explore the nuances of deductibility in self-education expenses and what falls within the […]
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30% Tax on Super Earnings Above $3M
Heany Business Group brings to your attention a significant development in taxation affecting superannuation earnings. The Treasury has unveiled preliminary legislation to implement the Government’s proposal to raise the tax […]
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The Airbnb Tax
Property investors opting for short-term stays or leaving their properties vacant are now under increased regulatory scrutiny The Victorian Government’s recent Housing Statement introducing Australia’s inaugural short-stay property tax. Scheduled […]
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A $20k Tax Deduction for Electrifying Your Business
Electricity is the new game-changer, replacing traditional fossil fuels like gas. A fresh, time-limited incentive is pushing businesses toward enhanced energy efficiency. We’ll guide you on how to maximise your […]
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The 100 Women Gala Dinner
The Heaney Business Group and our esteemed guests were privileged to attend a truly inspiring event – The 100 Women Gala Dinner. This evening of celebration and empowerment marked a […]
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How to sell your business
We’ve supported a number of our clients in the sale of their business and we’re often asked for advise on this matter. Two elements come into focus, the first structuring […]
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120% Deduction for Skills Training and Technology Costs
Great News, the government has rejuvenated the 120% Deduction for Skills Training and Technology Costs for small and medium businesses! Small Business Technology Investment Boost Small businesses (with an aggregated […]
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Ending of relief for SMSFs
The ATO has indicated that many forms of relief available to SMSFs to mitigate the impact of COVID-19 have now ceased. The relief measures that are no longer applicable for […]
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