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Building Better Business – February 2024

With Christmas a distant memory, life and tax obligations are returning to a familiar routine.

In this issue we look at a variety of tax issues, including a consideration of the tax consequences if you receive compensation when your bank or financial institution hasn’t acted as ethically and correctly as they could have; the tax issues and obligations surrounding volunteers; whether that family heirloom you inherited from grandma came with a tax sting in the tail; the circumstances in which you may be able to use your super to pay your mortgage; and the super consequences of returning to work after retirement.

We hope you will find the topics interesting and thought provoking.

Please contact us if you wish to discuss how the points raised in this newsletter specifically affect you.

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