Are you ready for this year’s personal tax return? Here are our 2024 Tax Time Tips! Your Tax Time Tips for your 2024 Tax Return Payment Summaries vs. Income Statements available on MyGov: It’s unlikely you will receive a payment summary from your employer this year as all employers now should be on STP. Download […]
RBA keeps rates on hold for fifth meeting in a row
Great news from the RBA! Despite recent whispers about a potential increase, we’re delighted to inform you percent for the fifth consecutive time that the RBA has decided to maintain the cash rate at 4.35% for June. This decision reflects their confidence in the current monetary policy to guide inflation into the target range of […]
FREE Wealth Through Property Webinar
I want to share something game changing with you… Ever wondered how one family on an average income can accumulate multiple investment properties while their neighbours struggle just to make their mortgage payments? How are some reducing their days they work each week but still looking forward to a prosperous retirement by generating passive income […]
Tax Time 2023
Are you ready for this year’s personal tax return? Here are our 2023 Tax Time Tips! Your Tax Time Tips for your 2023 Tax Return The low to medium income tax offsets (LMITO) of up to $1080.00 per tax payer introduced in 2019 has ended and the ATO wants you to know this may result […]
Start Of Business Year 2024 Requirements
Here’s a few important reminders about what business operators should put in place and be aware of for the start of this 2024 financial year: National minimum wage and award rate Businesses need to be aware that from the first full pay period on or after 1 July, the national minimum wage would increase to […]
Federal Budget 2023-24 – Key Insights
Australia’s Treasurer, Mr Jim Chalmers handed down the 2023-24 Federal Budget on Tuesday, 9 May 2023. The Treasurer announced a package of cost-of-living measures, including up to $3bn in energy bill relief (expected to reduce power bills by up to $500 for 5 million households) and $1.3bn for home energy upgrades. These measures have been […]
COVID-19 – Supporting Businesses To Retain Jobs (JobKeeper Payment)
Supporting Businesses To Retain Jobs (JobKeeper Payment) OnVenture welcomes the Australian Government’s JobKeeper initiative to subsidise the wages costs of businesses who’s revenue has been significantly affected by the Coronavirus crisis but continue to operate and as to keep otherwise stood down employees connected with their employers in the case of shutdowns. The Australian Government […]
COVID-19 – Temporary Relief For Financially Distressed Businesses
Temporary Relief For Financially Distressed Businesses OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business which has now passed through parliment and includes temporary relief for financially distressed businesses. While we all do our best to stay resiliant through this Coronavirus crisis we also need to be realistic about […]
COVID-19 – Temporary Early Access To Superannuation
Temporary Early Access To Superannuation OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business and individuals which has now passed through parliament and includes early access to superannuation. The Government is providing support for individuals to assist them during the next six months. We highly recommend those who are […]
COVID-19 – Income Support For Individuals
Income Support For Individuals OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business and individuals which has now passed through parliment and includes income support for individuals. The Australian Government is providing support for individuals to assist them during the next six months. The following is what I found […]