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Stay on Top of Your Employer Obligations

Stay on Top of Your Employer Obligations

by Camden Professionals | Feb 29, 2024 | Employee entitlements, How To, Small Business

In Australia, employers are bound by a set of obligations designed to protect the rights and well-being of their employees. Understanding these obligations is crucial for fostering a fair and productive work environment. Let’s explore some of the key...
How to retire richer

How to retire richer

by Camden Professionals | Feb 29, 2024 | Financial Planning, Retirement, Succession Planning

As you approach the milestone of retirement, the question of financial security becomes increasingly paramount. With careful retirement planning and strategic decision-making, you can position yourself to retire richer and enjoy your golden years. What does it mean to...
ATO issues warning to businesses on overdue TPARs

ATO issues warning to businesses on overdue TPARs

by Camden Professionals | Feb 29, 2024 | ATO, Smalll Business, Tax & Accounting

The Tax Office will begin applying penalties from the middle of next month where businesses have failed to lodge a Taxable Payments Annual Report (TPAR) from 2023. The ATO has warned businesses that pay contractors to provide certain services to lodge their taxable...
What is a Depreciation Schedule: A Beginner’s Guide

What is a Depreciation Schedule: A Beginner’s Guide

by Camden Professionals | Feb 22, 2024 | Depreciation, How To, Property Investment, Property Investment Tips

Did you know that 70% of investors in Australia don’t buy a tax depreciation schedule for their investment properties? Depreciation schedules are one of the most effective but underused tools available to a property investor to maximise their returns.  When you think...
Reduce tax – Maximizing Unused Super Contribution Caps in 2024

Reduce tax – Maximizing Unused Super Contribution Caps in 2024

by Camden Professionals | Feb 22, 2024 | Income Tax Returns, Retirement, Superannuation, Tax & Accounting

As the second half of financial year unfolds, taxpayers may be exploring ways to reduce their tax liabilities before June 2024. One often overlooked avenue for tax savings lies within the superannuation system, specifically through the strategic utilisation of unused...
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