#taxation services australia

[accomate]

Accomate Australia - Best Accounting, Taxation and Financial Services

How to Improve Cash Flow Management for Your Business

Effective cash flow management is crucial for the success of any business. Whether you run a startup or an established company, managing cash flow efficiently ensures smooth operations and long-term financial stability. Accomate Australia and Global, a trusted provider of accounting, taxation, and financial services, offers expert guidance to help businesses optimize their cash flow. Here’s how you can improve cash flow management for your business.

1. Monitor Cash Flow Regularly

Keeping track of cash inflows and outflows helps you identify patterns and potential shortfalls before they become a problem. Use accounting software or hire professional services to maintain up-to-date financial records and generate reports for better decision-making.

2. Optimize Accounts Receivable

Delayed payments can negatively impact your cash flow. Improve your receivables process by:

Sending invoices promptly and following up on overdue payments.

Offering multiple payment options for customer convenience.

Implementing incentives for early payments and penalties for late payments.

3. Manage Expenses Wisely

Controlling expenses is just as important as increasing revenue. To ensure healthy cash flow:

Regularly review operational costs and identify areas for reduction.

Negotiate better terms with suppliers.

Avoid unnecessary expenses and prioritize essential investments.

4. Maintain a Cash Reserve

Unexpected expenses can arise at any time. A cash reserve acts as a financial cushion, helping businesses manage slow periods, unexpected repairs, or emergency expenses without disrupting operations.

5. Improve Inventory Management

Holding excess inventory ties up cash that could be used elsewhere. Adopt efficient inventory management strategies by:

Tracking inventory levels and sales patterns to avoid overstocking.

Implementing just-in-time (JIT) inventory systems.

Selling slow-moving stock at a discount to free up cash.

6. Leverage Financing Options

Sometimes, businesses need external funding to manage cash flow effectively. Consider:

Business credit lines or short-term loans for working capital.

Invoice financing to access cash tied up in unpaid invoices.

Leasing instead of purchasing expensive equipment.

7. Plan for Seasonal Fluctuations

Many businesses experience seasonal cash flow fluctuations. Prepare for these by:

Forecasting seasonal revenue trends and adjusting budgets accordingly.

Diversifying income streams to balance slow periods.

Saving excess cash during peak seasons to cover leaner months.

8. Seek Professional Guidance

Managing cash flow effectively requires strategic planning and financial expertise. Partnering with Accomate Australia and Global ensures that your business receives top-tier financial advisory, taxation assistance, and accounting services tailored to your needs.

Conclusion

Effective cash flow management is key to maintaining financial stability and business growth. By monitoring cash flow, optimizing receivables, managing expenses, and leveraging financial resources, businesses can achieve long-term success. Trust Accomate Australia and Global for expert financial solutions to enhance your cash flow and drive your business forward.

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[collabaccounting]

Expert Taxation Services in Australia | Collab Accounting

Simplify your tax obligations with Collab Accounting's expert taxation services. We offer personalized advice and solutions for individuals and businesses across Australia. Maximize your refunds and stay compliant with our experienced team. 

[smsfaccountants]

Why do people start an SMSF?

It is also called a self-managed super fund. It allows people to take control of their retirement savings. Some people don’t want to live off just the money they have saved, they want to grow the money through retirement savings plan with strategic investments. They can invest in properties, shares, and other assets if allowed by the law. The fund helps to give control, reduce costs, gain tax advantages, and build more wealth for retirement. Since generating wealth is a serious undertaking, people who manage super funds often require expert help in the form of super fund accountants and other professionals.

Call :- 0359172450 for more query regarding saving plan. Visit our website: https://www.quicksmsfaccountants.com.au/smsf-accountant...

[accays]

smsf-outsourcing-australia Accounting Services Company

ACCASYS mainly targets Accounting Practices to deliver back-office operations and help grow their businesses by capacity building. Our Business Services and SMSF team are expert in delivering High Quality output, fully compliant with all standards and regulations

[amitaustraliacpa]

Claimable & Non-Claimable Expenses for Medical Professionals

Intro:

Claimable & Non-Claimable Expenses for Medical Professionals 

Navigating the world of tax deductions can be complex, especially for medical professionals. Understanding what you can and cannot claim is crucial for maximizing your tax benefits. Here’s a concise guide on claimable and non-claimable expenses, tailored for doctors, specialists, and other medical professionals. 

Claimable Expenses 

Non-Claimable Expenses 

Car Expenses🚙: 

Car Expenses: 

- Driving between different workplaces. 

- Normal trips between home and work, even if you live far from your workplace or work outside normal hours. 

- Use the logbook method or the cents-per-kilometer method to calculate your deduction. 

Travel Expenses🛂: 

Travel Expenses: 

- Expenses incurred when traveling away from home overnight for work, including meals, accommodation, and incidentals. 

- Private component of travel costs, even if there is a work-related component, like attending a seminar during a holiday. 

- Must not have been reimbursed for these expenses by your employer. 

Clothing and Laundry Expenses🆎: 

Clothing and Laundry Expenses: 

- Costs for protective clothing, compulsory uniforms, and specific footwear required for your job. 

- Conventional clothing such as business attire, even if required by your employer. 

Self-Education and Study Expenses📚: 

Self-Education and Study Expenses: 

- Courses directly related to your current job that maintain or improve your skills and knowledge, potentially leading to increased income. 

- Courses that are only related in a general way or aimed at getting a new job. 

Working from Home Expenses💻: 

Working from Home Expenses: 

- Expenses for items used for work, calculated using approved methods. 

- Items provided by your employer or expenses reimbursed by them. 

Other Work-Related Expenses💡: 

Other Work-Related Expenses: 

- Professional indemnity insurance, medical journal subscriptions, association membership fees, work-related phone and internet costs, medical equipment, and personal protective equipment like gloves and masks. 

- Flu shots and other vaccinations, even if required for work. 

How Amit Aggarwal Can Help 

Amit Aggarwal, the Certified Practicing Accountant, can be a tremendous asset for medical professionals in tax planning and accounting. His expertise ensures you can maximize your deductions, engage in strategic tax planning, and make informed investment decisions. With Amit's guidance, you can navigate the complexities of tax laws, avoid common pitfalls, and ultimately save more money. 

For expert advice tailored to your needs, consult with Amit Aggarwal. Click here to start maximizing your tax benefits today.  

[smsftaxreturn]

SMSF Taxation and which funds needs to lodge tax return-SMSF Tax Return

Superannuation is a tax concessional savings plans where employers, employees, members, self employed make contributions to save for the members retirement and concessional rates are provided to encourage to save for retired life. To say these as concessional means when contributions are made to SMSF or earnings from investments they are taxed at concessional rate and when at some stage after satisfying the condition of release of benefits pensions or lump sum payments are taxed at low rate or tax free.

Concessional contributions to fund

During the working life people save for their retirement to cover the cost of living when they are retired and in Australia Superannuation is the system or plan when Australians save for their retirement. That is why superannuation in Australia is called the most important asset for retirement. How much you will retired with depends on how much you have saved during your working life.

During the employees working life employer makes superannuation contributions to the members super account which is calculated at set rate by law. This is called superannuation guarantee contributions. Other people which are self employed or who have cap available might make member concessional contributions to the fund. Concessional contributions are taxed at 15% once received by the fund.

Non-concessional contributions to fund

Non-concessional contributions are out of pocket money which will not be taxed once received by Superfund.

Both types of contributions need to follow contribution cap rules every year.

Income from investments

If investments made by the self-managed super fund generates income it will be taxed at 15%. Also, if there is a capital gain from the disposal of the assets it will also be taxed at 15% if held for less than one year and 1/3rd discount applicable of held for more than a year.

Deductions in SMSF

Expenses paid for the management of the fund, to generate income in the fund are allowable deductions and can be claimed in the tax return. Some expenses are not deductible being SMSF set up costs, fines paid to Ato or ASIC others…

Also, some expenses like borrowing costs under LRBA are deductible over five years and not immediately like loan establishment costs under LRBA. Some expenses form part of the cost base of assets like bare trust set up cost which are capital in nature.

Read more on:https://smsftaxreturn.com.au/smsf-taxation-and-which-funds-needs-to-lodge-tax-return/

[pacificgroupofcompanies]

At PABS (Pacific Accounting & Business Services), we offer a comprehensive suite of Australia Accounting Services tailored to meet the unique needs of businesses and individuals. Our services include- Taxation Services, Bookkeeping and Payroll, Business Advisory and more. With a commitment to excellence and a team of seasoned professionals, we are here to take your business profits to new heights.

[submalevolentgrace]

"A voice identification system used by the Australian government for millions of people has a serious security flaw, a Guardian Australia investigation has found.

Centrelink and the Australian Taxation Office (ATO) both give people the option of using a “voiceprint”, along with other information, to verify their identity over the phone, allowing them to then access sensitive information from their accounts.

But following reports that an AI-generated voice trained to sound like a specific person could be used to access phone-banking services overseas, Guardian Australia has confirmed that the voiceprint system can also be fooled by an AI-generated voice.

Using just four minutes of audio, a Guardian Australia journalist was able to generate a clone of their own voice and was then able to use this, combined with their customer reference number, to gain access to their own Centrelink self-service account.

The voiceprint service, described as the “digital representation of the sound, rhythm, physical characteristics and patterns of your voice”, was used by 3.8 million Centrelink clients as of the end of February, and more than 7.1 million people had verified their voice with the ATO.

Services Australia, the department that oversees Centrelink, says on its website the service is “secure, accurate and reliable”."

"Voice cloning, a relatively new technology using machine learning, is offered by a number of apps and websites either free or for a small fee, and a voice model can be created with only a handful of recordings of a person.

While the voice generated is better with high-quality recordings, anyone with public recordings of themselves on social media, or who has been recorded elsewhere, could be vulnerable to having their voice reproduced."

[accomate]

Accomate Australia — Best Accounting, Taxation and Financial Services

GST in Australia: Everything You Need to Know

Goods and Services Tax (GST) is a crucial part of the Australian taxation system, and understanding how it works is essential for businesses and consumers alike. Whether you are starting a new business, are a seasoned entrepreneur, or simply a consumer looking to understand how GST affects you, this guide will break down everything you need to know about GST in Australia.

What is GST?

GST is a broad-based tax of 10% on most goods, services, and other items sold or consumed in Australia. It is a consumption tax, meaning it is levied on the sale of goods and services, rather than on income or profits. The tax is collected by businesses on behalf of the Australian Taxation Office (ATO) and passed on to consumers through the prices they pay for goods and services.

How Does GST Work?

GST applies to most transactions, including sales, imports, and services. Here’s how it works:

Business to Business (B2B) Transactions: When a business sells goods or services to another business, GST is added to the price of the goods or services. The buyer can then claim back the GST paid as a credit on their Business Activity Statement (BAS), provided they are registered for GST.

Business to Consumer (B2C) Transactions: When a business sells goods or services to a consumer, GST is included in the price, and consumers cannot claim the GST back. This is why the prices you see in stores generally include GST.

GST-Registered Businesses: Businesses with a turnover of $75,000 or more (or $150,000 for non-profit organizations) must register for GST with the ATO. Once registered, businesses need to collect GST on sales and claim credits for the GST they pay on business-related purchases.

When Do You Need to Register for GST?

You are required to register for GST if:

Your business’s annual turnover is $75,000 or more (or $150,000 or more for non-profit organizations).

You provide taxi or ride-sourcing services, regardless of your turnover.

If your turnover is below the registration threshold, you can still choose to voluntarily register for GST. This might be beneficial if you incur significant GST on purchases and want to claim back those credits.

What Can Be Claimed as a GST Credit?

Registered businesses can claim back the GST they have paid on business-related purchases. This is done through the GST credits section of the Business Activity Statement (BAS). The items that can be claimed as GST credits include:

Stock and Supplies: If you buy inventory or materials to sell, you can claim back the GST on those purchases.

Business Expenses: This includes items like office supplies, marketing services, and business equipment.

Imported Goods: GST is applied to imports as well, and businesses can claim back the GST paid on imported goods.

What Does GST Apply To?

In Australia, GST applies to most goods and services. However, there are some important exemptions and special rules to note:

GST Applies to:

Most goods, services, and consumables sold within Australia.

Digital products and services sold to Australian consumers, such as software, apps, and online subscriptions.

Most imports into Australia.

2. GST Does Not Apply to:

Basic food items (e.g., fruit, vegetables, and meat).

Health services (such as medical and dental services).

Education services (including primary, secondary, and higher education).

Residential rents.

Certain financial services.

Some other specific exemptions.

These exemptions are crucial for businesses to be aware of, as they determine what they can and can’t charge GST on, and also what they can claim GST credits for.

How is GST Paid?

GST is generally paid quarterly or monthly for GST-registered businesses, depending on the size of the business’s turnover. This is done through the Business Activity Statement (BAS), which businesses must submit to the ATO. The BAS outlines the business’s GST obligations for the period, including:

GST Collected on Sales: The GST that a business has collected from customers on sales.

GST Paid on Purchases: The GST a business has paid on its business-related expenses.

Once this information is provided, businesses must pay the ATO any GST they owe. If a business has paid more GST on its purchases than it has collected from sales, it can receive a refund from the ATO.

The Impact of GST on Consumers

For consumers, GST is usually included in the price of most goods and services. For example, when you buy a product at a store, the price you pay generally includes GST, and the retailer is responsible for passing this tax onto the ATO.

While consumers can’t claim GST back, understanding how GST works is important for managing your finances. For example, you may notice that GST is not included in some transactions, such as those for basic food items or medical services, which are typically GST-free.

GST for Online Shoppers

With the rise of online shopping, it’s important to note that GST now applies to most imported goods purchased by Australian consumers. In the past, low-value goods under $1,000 were exempt from GST. However, as of July 1, 2018, GST has been extended to all goods purchased online, regardless of the price. This means that when you shop online from international retailers, you will now be charged GST on most products, similar to shopping locally.

GST and Small Businesses

For small businesses, managing GST can be a challenge, but there are a number of advantages to being registered. By claiming back GST credits on business-related purchases, small businesses can reduce their overall expenses. Additionally, GST registration can help build credibility with clients and suppliers, who may expect it as part of professional business operations.

However, small businesses also need to be aware of their ongoing GST obligations, including regular BAS submissions, which can take time and effort. For some small businesses, working with an accountant or bookkeeper can help streamline this process and ensure compliance with ATO requirements.

Penalties for Non-Compliance

It’s essential to comply with GST obligations to avoid penalties. The ATO enforces strict rules regarding GST registration, BAS submissions, and payment. Failure to comply with these requirements can result in fines, interest on unpaid amounts, or even legal action in severe cases.

To stay compliant, businesses should ensure they:

Register for GST if required.

Submit their BAS on time.

Accurately report all sales, purchases, and GST credits.

Conclusion

GST is an integral part of the Australian tax system, and understanding how it works is essential for both businesses and consumers. For businesses, managing GST effectively can lead to significant savings and smoother operations, while consumers benefit from the simplicity of having GST included in most prices.

If you’re a business owner, make sure you’re registered for GST (if applicable) and stay on top of your reporting and payment obligations. And if you’re a consumer, remember that GST is included in the prices you pay, with certain exemptions and exceptions.

For more detailed information on GST and how it applies to your business or personal situation, it’s always a good idea to consult with a tax professional or the Australian Taxation Office. For further insights and updates, visit Australia Accomate.

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[collabaccounting]

Simplifying Taxation for Individuals and Businesses Across Australia

Tax time can be complicated, but it doesn’t have to be stressful. At Collab Accounting, we help individuals and businesses navigate Australia’s ever-changing tax landscape with ease. 

Why Choose Us? 

Tax laws are constantly evolving and staying compliant while optimizing your tax position requires expert guidance. Our team stays up to date with the latest regulations to ensure you get accurate, hassle-free tax solutions tailored to your needs. 

Our Tax Services 

We offer a full range of tax services to make your life easier:  1. Tax Return Preparation & Filing – For individuals, businesses, trusts, and SMSFs.  2. Tax Planning & Advisory – Helping you structure finances for better tax outcomes.  3. ATO Liaison & Compliance – We handle ATO communications on your behalf. 

What We Do 

From managing tax preparations to preparing reports, we cover it all: 

Processing bank and investment transactions 

Preparing tax reconciliation summaries 

Calculating tax offsets & depreciation 

Handling provisions like Division 7A & FBT 

What We Need from You 

To ensure accurate filings, we’ll need: 

Last year’s tax return 

Our simple checklist filled out 

Income & expense details 

What We Deliver 

Upon completion, you will receive: 

A group tax summary 

Details of tax payable amounts 

A copy of the lodged tax return 

Estimates of PAYG instalments payable for the next year 

Beyond Tax – Additional Services We Offer 

We don’t just stop at tax compliance. Our team can also help with: 

Bookkeeping & BAS/IAS Reporting 

Financial & Management Reporting 

Payroll, Accounts Payable & Receivable 

Self-Managed Super Funds (SMSFs) 

At Collab Accounting, we’re here to make tax time smoother, simpler, and stress-free. 

Get in touch today to see how we can help! 

[theallianceiq]

Taxation Services Australia

Optimize Your Taxes with TheallianceIQ-the Premier Taxation Services Australia. Our expert tax professionals are here to help you with tailored tax solutions. Taxation is an inevitable aspect of any business, and for entrepreneurs, navigating the complex landscape of tax laws and regulations can be a daunting task. This is where professional Taxation Services step in, providing a lifeline for businesses looking to ensure compliance and optimize their financial strategies. We Provide you best Taxation Services Australia.

[smsfaccountants]

9 Ways You Can Invest Using SMSF :-

A self-managed super fund is great for individuals who want to be more hands-on when investing in their future and building generational wealth.

[sourcreammachine]

TORY PARTY MANIFESTO 2024 SUMMARY

tldr: little rishi is liz truss now. words 8, 9 and 10 of the manifesto are 'covid and ukraine', so they're swinging hard on excusemaking, and it's very negativist and defensive - attacking labour and justifying their terrible government. they know they’re losing so it’s a mess in an attempt to stop their base voting reform. this is the only major manifesto whose headings are written in serif, tryna act all official and luxe

💷ECONOMY

flat-rate employee national insurance cuts from 12% to 6% over the next two financial years, allegedly cutting income taxation for a £35k/a worker by £1,350 (their numbers) BUT also giving the highest 'employee' earners this same tax-cut

trickle-down economics: keep corporation tax at extreme lows

exempt the self-employed from national insurance contributions, essentially cutting overall income taxation by a couple percent

specific, direct threat to cut benefits for 'people of working age with a disability or health condition', restrict PIP entitlements with harsher assessments, massively expand 'fit to work' status over people with mental health and mobility conditions to remove benefits from 400k people (despite the current regime leading to misery and deaths), transfer fit note responsibility from GPs to the dwp to restrict more benefits, reduce the 'claimant review' date from 18 months to 12 months without work

transition child benefit entitlements to be based on 'household' earnings rather than individual earnings

"we will not increase the number of council tax bands, undertake an expensive council tax revaluation or cut council tax discounts, as labour is currently doing in wales", preventing councils from getting more property tax revenue whilst not increasing their funding from anywhere, enabling more and more and more and more councils to shit themselves and die, letting them blame labour for "bankrupting" the councils that the central government themselves squeezed to death

ban councils doing four-day week schemes

reduce net borrowing – curious considering the unfunded nature of the manifesto proposals

increase taxes on online distribution warehouses "to help the high street" [citation needed]

"use brexit freedoms" to recategorise many 'large' businesses as 'medium', exempting them from reporting requirements and allowing them to exploit their workers more

more fucking 'freeport' special economic zones

'strengthen the commonwealth' because that's the favourite excuse of europhobic excusemakers acting like severing trade with the mainland wasn't a horrifically bad idea. india and malaysia do not give a shit about us mate and it's ridiculous to think australia and guyana could ever offer as much economic integration as the mainland can

do nothing to supervise or control the City with a specific eye to doing nothing about "fintech" and "ai"

economic commitment to continue union-busting and restricting union rights, 'continue implementing' the so-called 'minimum service levels legislation' to enable strikebreaking and mandatory scabbing

🏥PUBLIC SERVICES

continue the privatisation of the NHS but with a focus on small/medium enterprises

expand, that's right, expand the indefensible multi-academy trusts, build more indefensible 'free schools' (ie with private charters, no oversight, and public cash), expand faith schools, strengthen ofsted to be even more bureaufascistic against attacks after that headteacher's suicide

continue and enforce the ongoing propaganda push into primary schools, "we will always support teachers to uphold and promote fundamental British values"

'close university courses with the worst outcomes' [clarification needed], again, threatening the higher education sector into compliance with their whims

stick all children not in school on a register

make the NHS app a single frontend for all NHS stuff

slash the size of the civil service and 'bring quango spending under control', incorporate so-called 'ai' into the civil service [clarification needed]

🏠HOUSING

lax planning laws including environmental protections and opportunities for legal challenge, and force councils to set aside land for builders, to allow more private-finance soulless newbuild sprawl, with no new infrastructure, no new community, only house-for-sale after house-for-sale

target the building of mcmansions on inner-city brownfields

expand help-to-buy for these horrible newbuilds

restrict social housing along xenophobic and classist lines: "we will legislate for new ‘local connection’ and ‘uk connection’ tests for social housing in england, to ensure this valuable but limited resource is allocated fairly"

'reform' leaseholds and cap ground rents, not abolishing this indefensible stain

give 105 towns a pathetic £20m

🚄TRANSPORT ?

build northern powerhouse rail including Bradford Station "using money saved from HS2" and £12b more, and upgrade the east midlands mainline

lax planning restrictions on new strategic (big and polluting) roads

deliver money centrally for transport projects: £1.75b for the midlands rail hub, a pathetic £1b for buses in the north AND in the midlands, and £13b for 'local priorities' to 'cut congestion' (read: roads)

introduce a specific 'death by dangerous cycling' offence

"automated vehicles will be on British roads in the next parliament"🤮

ban low-traffic neighbourhoods except on a 'road by road basis' 'with the support of the people who live there' and create a statutory right to challenge existing LTNs

"labour’s incoherent and ideological nationalisation plan would put the trade unions in charge", ie the incoming british railways (being set up) will continue the indefensible franchise-concession system that emerged after the final collapse of the franchise system in 2020

"include measures to reform outdated working practises in the rail industry" – ie forcing through driver-only trains and other things the drivers are striking against, possibly requiring strikebreaking them

👮FORCE

"in recent months we have seen shocking increases in protests being used as a cover for extremist disruption and criminality. we cannot allow a small and vocal minority to destroy our democratic values. that is why we unveiled a new extremism definition under which certain groups that promote an ideology based on violence, hatred or intolerance will be blocked from government funding and meeting officials. we have passed tough new laws to curb disruptive protests. our public order act 2023 [ie the Bill that the kill the bill protests were trying to kill] gave the police new powers to intervene where protests cause serious disruption to communities, leading to the arrests of over 600 just stop oil and extinction rebellion protestors in London alone. we will introduce further powers to ban face coverings, pyrotechnics and climbing on war memorials. we will strengthen police powers to prevent protests or marches that pose a risk of serious disorder, by allowing police to take into account the cumulative impact of protests"

"building on our new powers for the police, we will further speed up the use and enforcement of powers to remove illegal traveller sites, while giving councils greater planning powers to prevent unauthorised development by travellers", furthering the ongoing clampdown on the civil rights of our country's GRT people

surge funding for the armed forces

deliberate target to be europe's largest arms exporter by 2030 no i am not fucking joking

sabrerattle at the 'Axis of Hostile Actors' (russia, china, iran), giving a catchy name to the other side of this little cold war of theirs

abuse the permanent un council seat as much as possible

"we will push for a two-state solution in the middle east - our long-standing position has been that we will recognise a palestinian state that is most conductive to the peace process" [oxymoronic – SEE ME]

roll out broken windows policing

mandatory minimum of life for 'most heinous murderers', prohibit parole for rapists

not enact Leveson 2 and allow the press hate speech and corruption to continue, proceed with centralised renegotiation of BBC funding with all statecapture (or the effects of the threats thereof) that may entail

half-baked national service proposal. look, they know they're gonna lose so they've come up with this faff to win over their base. all 18-year-olds (no specific enumeration given so i'm guessing it means from yer 18th birthday to 19th birthday, interfering with exams and start of uni) forced to do one weekend a month 'community volunteering', or get one of 30k places in the military (out of a typical annual cohort of 400k) for a year, so the troops get distracted from their warcrimes by being forced to do childcare lmao. the compulsion to do this is not enumerated, with one rogue minister suggesting fines could fall at the feet of the parents of these adult people. takeaway: this is total nonsense and they don't have to make it make sense so who cares

legal cap on work and family visas, screen migrants for health conditions and force them to pay if they need treatment, do the rwanda concentration camp scheme, ban asylum seekers from countries 'that don't work with us', mass deportations of illegals [clarification needed]

LEAVE THE EUROPEAN COURT OF HUMAN RIGHTS if it finds against the rwanda concentration camp scheme

expand the NCA with a focus on being the hostile environment

promote the imperialistic ambitions of the anglosphere and english as the cosmocratic imperial lingua franca

only 30k of the so-called 'national service' would in the military, so basically forcing the military to do daycare

commitment to continued strikebreaking and union-busting

force landlords to evict "antisocial" tenants in a 'three strikes and you're out' policy

ban mobile phones in schools

pledge for a Bad Internet Bill to restrict online content, 'carefully consider' the bertin review to implement hostile measures against pornography

🌱CLIMATE ?

build new gas power stations and accelerate oil and gas extraction in the north sea

treble offshore wind, in line with labour's proposals

invest £1b into green energy – a pathetically small amount

approve more nuclear reactors

carbon credit scheme for imports of materials

restrict the mandate of the climate change committee

force solar power stations to be a minimum distance from another solar power station 'to protect rural landscapes'

allow nimby organisations to prevent onshore wind

reverse the ultra-low emissions zone expansion

slowly work towards a deposit-return system

a new national park. a new one. a. one

🗳️DEMOCRACY ?

"we remain committed to the first past the post system for elections, maintaining the direct link with the local voter. we will not change the voting age rom 18. we will maintain rules to tackle voting fraud, including the requirement to show id"

"we believe the governments in Scotland, Wales and Northern Ireland now have the right balance of powers"

"we will bring forward legislation to reapply the entirety of the trade union act 2016 (ie restricting the rights of unions) to wales. and a welsh conservative government would reverse labour's plans to expand the senedd" [relevance - this isn't a manifesto for the senedd election]

expand the useless sticking-plaster combined authorities, give powers first to Tees Valley in bare-faced partisan corruption

🏳️‍⚧️REACTIONARY AGENDA

"biological sex is a reality. the overwhelming majority of people in this country recognise that. it has been more than a decade since the equality act was passed by a labour government. it has not kept pace with evolving interpretations and is not sufficiently clear on when it means sex and when it means gender. the next conservative government will introduce primary legislation to clarify that the protected characteristic of sex in the equality act means biological sex. this will guarantee that single sex services and single sex spaces can be provided, for example in healthcare and sports settings, to ensure women and girls are protected"

"in recent years, an increasing number of children have started questioning their gender, the consequences of which are still unknown. parents will have a right to know if their child wants to be treated as the opposite sex and schools will have to involve parents when it comes to decisions about their children"

"attempts at so-called 'conversion therapy' are abhorrent. but legislation around conversion practices is a very complex issue, with existing criminal law already offering robust protections. in light of the cass review final report, it is right that we take more time before reaching a final judgement"

"we will work to strengthen the relationship between schools and parents, including by delivering new legislation which will make clear, beyond all doubt, that parents have a right to see what their child is being taught in school [they made it bold not me] and schools must share all materials, especially on sensitive matters like relationships and sex education. this builds on the progress [citation needed] we have already made, having updated relationships, sex and health education guidance to introduce clear age-limits on what children can be taught [the rightist outrage at 'sex education for five year olds' is literally stuff like gay people exist so don't bully billy two-dads for having two dads, which is of course fucking unacceptable to the daily mosley] and guarantee the contested concept of gender identity is not taught to children [clarification needed -- or not, because the vagueness is the point, it's Section 28 two, terrorising the entire public sector into silence about anything the daily mosley might clench their pearls about]."

commitment to implement the cass review, ban the private prescription of puberty blockers, accelerate the increasing prohibition of their NHS prescription, fight 'ideologically-driven care' and follow 'evidence' (in the context of the case review meaning absolute prohibition and literal torture)

stop public sector DEI [clarification needed]

'not allow the word woman to be erased'

🤔STRAIGHT UP NON-POLICIES

a load of stuff in the manifesto, especially in the economic section, is just 'maintain funding for...', including 'maintaining' the living wage (ie without even making it legally mandatory), and do ongoing plans instituted by public sector organs that wouldn't be theirs to organise

the so-called 'triple lock plus' or 'quadruple lock': the triple lock legally mandates three possible minima for the state pension, depending on which is highest. it's currently below the tax-free personal allowance, but it is forecast to go above the current personal allowance at some point, which would mean pensioners would start paying tax on the income above the allowance. the tories have made a huge song and dance about raising the personal allowance for pensioners in line with the triple lock. George W Bush 'Mission Accomplished' energy. they're trying to present 'removing' this weird and unhelpful discrepancy as a 'tax cut', even though it is currently not a 'tax' and would be easily rectified by any incumbent government facing this situation by just raising the allowance, because all pensioners would cause a hell of a storm were the government to forget to solve the discrepancy. and it totally ignores any possibility of the personal allowance being raised anyway

prevent first-time buyers from having to pay stamp duty! except there's been a 'temporary' lien for years so this is nothing

'maintain the ban on prisoners voting' is listed as an actual policy

[amitaustraliacpa]

What is CGT in Australia?

Intro:

What is Capital Gains Tax (CGT) in Australia?

Capital Gains Tax (CGT) in Australia is a tax on the profit made from the sale of assets, such as property, shares, or businesses. Here's a brief overview:

When it Applies: CGT applies when you sell or dispose of an asset for more than you paid for it.

Calculation: The capital gain is the difference between the purchase price and the sale price. If you make a loss, it can be used to offset future capital gains.

Inclusion in Income: Capital gains are included in your assessable income and taxed at your marginal tax rate.

Discounts: Individuals and trusts may be eligible for a 50% discount on capital gains if the asset was held for more than 12 months.

Exemptions: Some assets, like your primary residence and personal use assets (e.g., cars), are typically exempt from CGT.

For expert tax planning, accounting, and smart property investments by SMSF, consider Life Beyond Limit. We're the Certified Practicing Accountant in Australia, helping you with strategic tax planning and property investments. Our expert CPAs will guide your journey. We’re your Certified Practicing Accountant in Australia.

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[aressida]

"Australia is a sad, pathetic country.

There are no companies, just real estate agents and public servants.

Where is the innovation, creativity, entrepreneurship?

It’s been crushed by taxation and regulation.

Everyone is too afraid to do anything because they don’t even know what they’re allowed to do anymore.

So they just clock into their government job and watch footy on the weekend.

Who is creating anything?

We have abundant natural resources, a beautiful and inspirational country-side.

We live on a massive, isolated island.

Australia should be world leading in every field.

It should be a utopia of free thought, free enterprise, and innovation.

But instead everyone is spiritually crushed by the nanny state.

You can’t fish or hunt or start a business or speak or build without seeking permission from some goblin in the public service.

A leech. A parasite. Who only exists to suck the life out of you.

We need libertas. Freedom.

Remove the shackles and people will do amazing, awe-inspiring things in this beautiful land.

But they can’t. They’re locked into 30-year mortgages that take away the majority of their take home pay.

Slaves to Commonwealth Bank just to own 200 square metres of land in Preston.

They have nothing left at the end of each month to experiment with.

So they’re forced to be a wage slave at one of the 8 companies that exist in this country.

Because it’s impossible to run anything apart from a large company in Australia.

The small ones can’t afford the compliance costs.

Nobody understands the thousands of pages of legislation they need to comply with the run a company.

We had this amazing opportunity and we fumbled it because everyone voted away their freedoms in exchange for some fake safety.

The penal colony never ended.

We asked for it to continue and it did." - Project Matilda | projectmatilda.com - Telegram.