Property investors that choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators. The Victorian Government’s recent Housing Statement announced Australia’s first short-stay property tax. The additional tax, which is scheduled to come into effect from 1 January 2025, is expected to generate $70 million […]
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! The small business energy incentive is the latest measure providing a bonus tax deduction to nudge the investment behaviour of small and medium businesses, this
$20k deduction for ‘electrifying’ your business Read More »
The ATO has published details of reforms to the administration of not-for-profit (NFP) entities that self-assess as income tax exempt. Information from the ATO website is outlined below: Not for profit reforms On 11 May 2021, as part of the 2021–22 federal Budget, the Australian Government announced reforms to the administration of not-for-profit (NFP) entities
Not-for-profits – enhancing the transparency of income tax exemptions Read More »
Join us as we catch up with Auditor, and sports enthusiast, Michael Hutton… When did you join the team at CountPro? I started on 23 July 2018. What do you enjoy most about working at CountPro? There’s a heavy focus on teamwork, with an emphasis on professionalism and quality. We have an expert
CountPro Team Profile – Michael Hutton Read More »
The CountPro team was thrilled to take out two awards at the recently held 2023 Federation University Commerce Ballarat Business Excellence Awards. In their 35th year, the Federation University Commerce Ballarat Business Excellence Awards aim to celebrate and support local businesses in all they have achieved and contribute to Ballarat. Held at the end of
Business Awards Success Read More »
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax exposure is minimal – but this is not always the
Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions Read More »
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners. When it comes to generational succession of a family business, there are a few important aspects: Succession of
Succession: What does it take to hand your business to the next generation? Read More »
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue
Why is my tax refund so small? Read More »
Our team will be on Win TV as part of the 2023 Federation University Commerce Ballarat Business Excellence Awards!
CountPro TV stars! Read More »
Last week we caught up with Administration Manager, Kiri fry, to ask the tough questions… When did you join the team at CountPro? Back in February 2010. What do you enjoy most about working at CountPro? Definitely the people! I love working as part of a team and having such great people to
CountPro Team Profile – Kiri Fry Read More »
