Blog Archives
Embracing the Future: Modoras Accounting Introduces ATO SmartDocs
In an era where the digital landscape dominates communication, Modoras Accounting continues to push the envelope, ensuring our clients are always a step ahead. With that commitment to innovation in […]
Diversify or Lose Out: Common Investment Mistake That Could Cost you $172,000
Investing is a powerful tool for building wealth, but it’s essential to approach it with a strategic mindset. As an investor, you may have heard the noise in the US […]
Economic Update – March 2023
Following the recent relating to the takeover of Credit Suisse by Swiss rival bank UBS due to liquidity concerns, we provide the most recent Economic Update, which outlines what has […]
2023 Working from Home Tax Deductions
The ATO has recently released a draft tax guidance (PCG 2022/D4) for claiming tax deductions for working from home. You need to be aware of these changes so that you […]
ATO and Australian Federal Police crackdown on GST-fraud promoters
Beware! A raft of enforcement activity has been undertaken across the country by the ATO-led Serious Financial Crime Taskforce, including the execution of search warrants and issuing of warning letters. […]
Transfer balance cap indexation
An individual’s transfer balance cap (‘TBC’) determines the maximum amount they can commit to a retirement phase interest in their super fund, such as an account-based pension, without being subject […]
Significant change to claiming working from home expenses
Before 1 July 2022, an individual taxpayer that incurred additional deductible expenses as a result of working from home, had a choice of three methods to claim these expenses These […]
Modoras is bringing integrated advice to Bundall
Goodbye Surfers! And Hello Bundall! After many happy years operating out of our Cavill Avenue headquarters, our Gold Coast integrated advice team are on the move! The world has […]
Business Basics Grant Program Round 4
The Department of Employment, Small Business and Training administers grants and programs to help Queensland small business continue to recover, grow and thrive by committing grant funds for businesses to […]
Federal Budget October 2022 – Summary
The Federal budget announcement on 25 October shows a cautious response to a turbulent global economy – there are clear indicators of slowing global economic growth, continued high inflationary conditions fuelled […]