Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

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Tax Alert March 2022

Team Maddern
20/Mar/2022
New super and tax rules passed in Parliament Some of the last sitting days before this year’s Federal election saw changes to the tax and super rules finally pass through both houses of Parliament. Here’s a roundup of some of the key developments.
Face up hands giving a red gift

The gift of giving this Christmas

Team Maddern
23/Dec/2021
Christmas is a time when we come together to celebrate with our family and friends. And, for those who haven’t been able to see friends and family due to border closures, it will be an even more joyous occasion this year.
Piece of paper with stocks and financial reports

Frankly Speaking: Tax benefits of shares

Team Maddern
18/Sep/2021
Australian shares are popular investments with self-funded retirees and anyone who depends on income from their investments, due in part to the favourable tax treatment of franked dividends. After falling off in the early days of the COVID pandemic, share prices and dividends bounced back strongly in the year to June 2021. Investors who depend on income from their shares also have more certainty now that the Labor Party has dropped its opposition to cash refunds of excess franking credits, a policy that attracted fierce resistance from retirees at the last federal election.
Women in grey sweater holding tablet computer

Claiming small business CGT concessions

Team Maddern
22/Aug/2021
The Government is continuing to tighten the eligibility rules for claiming tax concessions relating to small business capital gains tax (CGT) obligations. If you qualify, these concessions can have a big impact on how much of the profit from the sale of a business asset you get to keep, and how much goes to the tax man.
New covid-19 relief schemes - written text

New COVID-19 relief schemes explained

Team Maddern
02/Aug/2021
As we navigate ongoing lockdowns due to COVID-19 across Australia, here is a guide to the latest benefits you may be entitled to from the Federal and State Governments.
Tax man

Why good records are the best defence when the tax man knocks

Team Maddern
24/Apr/2021
As the Australian Taxation Office (ATO) turns its attention to businesses and individuals who have used COVID-related support programs, many taxpayers are likely to find themselves on the tax man’s radar.
Tax

Tax Alert March 2021

Team Maddern
06/Mar/2021
Individuals and small business owners who have taken advantage of the government’s COVID-19 support programs will find themselves increasingly under the tax man’s microscope in coming months. This is just one of the key developments occurring in the world of tax at the moment.
Office staff

Retrain your staff with the tax man's help

Team Maddern
23/Jan/2021
For many business owners, fear of incurring a Fringe Benefits Tax (FBT) bill has kept them from retraining and re-skilling their employees to perform different roles or activities within the business.
Tax

Tax Alert December 2020

Team Maddern
10/Dec/2020
Although individuals and small business owners are now enjoying welcome tax relief in the wake of some valuable tax changes, there is more on the horizon as the government seeks to reboot the Australian economy. Here’s a quick roundup of significant developments in the world of tax.
Small business

Tax Alert September 2020 - Small business & the JobKeeper scheme extension

Team Maddern
05/Sep/2020
Many small business owners and sole traders will be breathing a sigh of relief following the extension of the JobKeeper scheme until March next year. At the same time, however, the ATO is stepping up its compliance activities.