Division 296 Superannuation Tax: Key Updates Announced
The Australian Government has announced significant refinements to the proposed Division 296 tax, aimed at improving fairness and reducing complexity in the taxation of high superannuation balances. These changes have been made in response to industry feedback and are set to take effect from 1 July 2026. What’s Changing? Here are the most important updates: No […]
A Guide to Navigating Your Finances for Aged Care Planning
By Ilya Egorov, Certified Financial Planner® Shared in partnership with Colledges Accountants + Advisors If you’re about to start looking at your aged care options, for yourself or a family member, it’s quite natural to feel overwhelmed – emotionally, financially, and practically. With complex rules, changing fee structures, and evolving government programs, there are many […]
Protecting Your Super From Scams
October 2025 Newsletter Welcome to the October edition of our client newsletter. This month, we bring you a selection of timely and practical articles covering key updates in tax and superannuation – all designed to keep you informed, confident, and in control of your finances. In this edition: Protecting your super from scams – with over […]
Debt on Hold: What It Means for You and How Colledges Can Help
When debt on hold came about The Australian Taxation Office (ATO) has had the concept of Debt on Hold for many years, but from 1 August 2025, the ATO announced it would begin including these debts in account balances. Many taxpayers weren’t aware of their “on hold” debts because they weren’t shown in their online […]
Economic Roundtable Wash Up
September 2025 Newsletter Welcome to the September edition of our client newsletter. Each month, we bring you a selection of timely and practical articles covering tax, superannuation, and financial planning – helping you stay informed and in control. Here’s what’s inside this month’s issue: Economic roundtable wash up – We break down last month’s economic and productivity roundtable […]
Unlocking Savings: Your Guide to Government Concession Cards
August 2025 Newsletter Welcome to this month’s client newsletter. We’ve curated a selection of timely articles covering key developments in tax, superannuation, and financial planning – all designed to keep you informed and in control. Unlocking savings – your guide to Government concession cards – From the Commonwealth Seniors Health Card to the Pensioner Concession Card […]
Working from Home and Occupancy Costs
July 2025 Newsletter In our newsletter this month, we’ve rounded up a range of helpful updates to keep you informed as we head into the new financial year. Working from home and occupancy costs – We look at a recent decision involving working from home expenses during the 2020/21 COVID lockdowns. While this relates to a past […]
Get On the Front Foot for your 2024-25 Tax Return
June 2025 Newsletter In this edition, we’ve pulled together some key updates and practical tips to help you stay ahead with your tax and super planning as we head towards 30 June and beyond. 1. Get on the front foot for your 2024-25 tax returnWe take a closer look at some common deductions that the ATO […]
Getting Tax-Time Ready For 2025 – Avoid “Wild” Tax Deduction Attempts
It’s that time of the year again – 2025 tax time. This year, the Australian Taxation Office (ATO) has announced it will be focussing on “unbelievable” or “wild” tax deduction attempts. So take care to report your expenses correctly. Their main areas of focus include: Work-Related Expenses – incorrect claims such as personal items misrepresented […]
PAYG or Self-Employed? Why Engaging a Mortgage Broker Makes Sense
A Q&A with Angelo Sirianni (Colledges) and Rory Sercombe (Own Home Loans) If you’re looking to finance a property – whether personal or business-related – having the right team in your corner can make a significant difference. Working with a mortgage broker alongside your accountant provides strategic advantages far beyond interest rates. A team approach […]