2023 has seen some of the most significant changes to tax and family trust laws, and with 30 June 2023 approaching, we want to make sure you are aware of how these changes may affect you. Big changes to tax laws and family trust laws in 2023 The last 12 months have...
Nexis
2023 Federal Budget Snapshot for Businesses
The 2023 Federal Budget was announced on Tuesday 9 May 2023, with a focus on cost of living relief and modernising our economy. Only a few tax and superannuation changes were announced. However, no mention was made of the previously announced Stage 3 Income Tax cuts...
7 things your business needs to know about the 23/24 Federal Budget
From energy incentives, payday super, an extension to the instant asset write-off, and halving the increase in quarterly tax, this year’s Federal Budget had some great advantages for small and medium businesses. Every year throughout May, there’s a lot of discussion...
Meet Jacinta
Meet Jacinta Price, who joined the Nexis team in Brisbane as an Executive Assistant in September 2022. Her best business advice is, “It’s all about being organised. If you’re organised throughout the year, tax time will go a lot smoother for you.” We sat down with her...
I’ve been doing my own tax for years… why do I need an accountant?
From managing a project and tracking suppliers to pricing jobs and paying staff, as a tradie, you have enough to manage without having to sit through tax time alone. With rules around tax deductions constantly changing, keeping up to date with whether you can claim...
Meet Taylor
Meet Taylor Chown, who joined the Nexis team as a Bookkeeper in February 2023. Her best bookkeeping advice is, “if you’re unsure about how to record an expense, simply ask! There’s nothing to be afraid of.” We sat down with her to find out more. Who inspires you and...
Get started: grow, diversify, succession plan, or market your business
As a business director or owner, it can be challenging to decide the best direction for your business, whether it’s growth in size or diversification into other markets, downsizing after the turbulent past few years, succession planning for the next generation, or...
4 Things to Consider When Investing in Property in 2023
Investing in property can be a great way to secure your financial future and grow your wealth. However, with interest rates and the cost of living rising, understanding the potential risks of investing in property can help you make an informed decision. ...
5 things to know about cryptocurrencies and your SMSF
In recent years, many Australians have been looking to invest their money and become financially independent. This has seen an increase in the number of self-managed super funds (SMSF) and investments in cryptocurrencies (crypto) such as Bitcoin or...
Meet Victoria
Meet Victoria, who joined Nexis as a Senior Accountant in September 2022. Her best advice to those new to the accounting world is to “listen to your client’s needs and create an offering that truly solves their problems rather than changing their idea of what...