The Government has announced a transition plan to phase out the use of cheques. Under the plan, cheques will stop being issued by 30 June 2028 and stop being accepted on 30 September 2029. The use of cheques has declined dramatically over the last 10 years, declining by around 90%. In response, banks have […]
Phasing out cheques Read More »
Can you avoid giving the Australian Tax Office a gift this Christmas? The top Christmas party questions What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you will pay tax one way or another; it’s just a question of how.
Tax and tinsel Q&As Read More »
When it comes to individual wealth creation, having the support and guidance of a trusted financial advisor can make a big difference. We are pleased to announce that we are now able to offer clients the full scope of financial services through our relationship with the team at Partners Wealth Group. Partners Wealth Group
CountPro is now able to assist with your financial planning needs Read More »
CountPro was very proud to partner with the Royal South Street Society to deliver the Choral Competition at the 2024 Ballarat Eisteddfod, extending our long-term support of the Society and performing arts in Ballarat. The 2024 CountPro Choral Competition was run during September, with entries coming in from 22 primary and secondary schools from all
We recently caught up with our Ballarat Client Service Officer, Kim Barker, and asked her the tough questions… When did you join the team at CountPro? 19th of August 2024 What do you enjoy most about working at CountPro? The team is amazing. I have enjoyed getting to know everyone. No day is ever
Team Profile – Kim Barker Read More »
Ok, not that Succession series. Each month we’ll bring you a new perspective on transferring property. Be it estate planning, managing an inheritance, or the various forms of business succession. This month, we look at the tax consequences of inheriting property. Beyond the difficult task of dividing up your assets and determining who should get what,
01 Succession: the series Read More »
‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their employees on the same day as salary and wages instead of the current
Payday super: the details Read More »
The politicians have weighed in on the Reserve Bank of Australia’s economic policy and their reticence to reduce interest rates in the face of community pressure. We look at what the numbers are really showing. Treasurer Jim Chalmers has stated that global uncertainty and rate rises are “smashing the economy”. Former Treasurer Wayne Swan
Is the RBA to blame? The economic state of play Read More »
Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up. The Australian Taxation Office (ATO) has initiated two data matching programs impacting investment property owners and those lucky enough to
Property and ‘lifestyle’ assets in the spotlight Read More »
You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you. And you certainly didn’t get a $100k refund in your bank account. What happens now? In what is rapidly becoming the most common tax
It wasn’t me: the tax fraud scam Read More »
