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Latest News from Accru Melbourne
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Accru Tax Alert – March 2021
Take a look at our March snapshot of taxation developments that may affect your business, investments or superannuation. Please do not hesitate to contact us should you need further advice. Tax implications of having more than one job With insecure, contract and casual work becoming increasingly common, particularly in the current COVID-19 affected economy, […]
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Increase in Pension Transfer Balance Cap
From 1 July 2021, the amount that a member can transfer to a tax-free retirement pension will increase from $1.6 million to $1.7 million. On the surface this may sound like great news for super fund members because they will be able to transfer an extra $100,000 into the tax-free environment. But there are a […]
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The real cost of selling your home in 2021
You’ve saved your deposit, you’ve scoured property listings and found ‘the one’, it’s time to sell your house and move on. If only it were as simple as it sounds. Your home is likely your most valuable asset, so of course you want to get the best possible price for it. Though on the surface, […]
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The impact of COVID-19 on international education and schools
International education is among the largest Australian export industries with a staggering $37.6 billion contribution to the economy in just 2019. Furthermore, the sector has contributed a record $13.7 billion in just the State of Victoria. These statistics just highlight the significance of this industry on the Australian economy and the benefits can be further […]
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Accru Tax Alert – February 2021
Take a look at our February snapshot of taxation developments that may affect your business, investments or superannuation. Please do not hesitate to contact us should you need further advice. ATO warning: watch out for tax avoidance schemes Tax planning or tax avoidance – do you know the difference? Tax planning is a legitimate and […]
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Jobkeeper – Update For Final 3 Months
On the fourth of January 2021 we rounded the final turn on the long and winding road of the Government’s JobKeeper program. It is currently going to end on 28th March 2021. Originally intended to end in September of 2020, JobKeeper was extended under the title ‘JobKeeper 2.0’, although it was more like Jobkeeper 2.1 […]
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Options for First Home Buyers With Minimal Deposit
Buying a house is a new and exciting experience for first home buyers; however, saving up that big deposit and getting a loan can be a cumbersome, time-consuming task. Traditionally, banks require a 20% deposit based on the cost of the home to consider lending money to a home buyer. And often, first-time home buyers […]
