If you run your business through a company or trust and you've been distributing profits to a spouse, holding income at the corporate rate, or paying management fees to a related entity, this one's for you. The ATO has made its position very clear recently, and it's...
Meet Ariel Secop. Ariel is an Accountant who joined Nexis’ team in the Philippines in September 2024.  Ariel’s role includes preparing tax returns, financial reporting, and the preparation of financial statements. With a...
The focus for this month is common tax questions. Here at Nexis, managing taxation affairs is a large part of what we do, so we spoke to the whole team to uncover the ten most common questions we get throughout the year. Here’s the team’s top...
Family trusts are still a popular tool in Australia for asset protection, tax management, and estate planning. You might recall the publicity around the most famous family trust in Australia – The Hope Margaret Hancock Trust. Worth $5 billion, there is no wonder the...
Meet Megan Leith is our Receptionist who joined Nexis’ Canberra team in November 2023. As Nexis’ Canberra Receptionist, Megan manages daily correspondence from the ATO, ASIC, SMSF providers and Government agencies (both electronically and physically), general...
Meet Uttam Shrestha, our Junior Accountant, who joined Nexis’s Canberra team in April 2024, originally as one of our Client Team Administrators. Uttam has had a strong desire to be an Accountant for the past eight years, and we are thrilled he has made such a...
Exchange Traded Funds (ETFs)Â are a popular investment choice for individuals looking to grow their wealth. If you have downloaded the CommSec app or started using another investment platform, you probably have already noticed ETFs in your investment options. Although...
If you’re a company director, the Australian Taxation Office’s (ATO) October announcement about enforcement changes to Director Penalty Notices (DPNs) should be on your radar. With stricter rules in place, unresolved tax or superannuation obligations could now pose a...
The holiday season is fast approaching, and while you're gearing up for Christmas parties, Secret Santa, and festive cheer, there’s one gift you don’t want – an unexpected tax bill! Before you book that lavish office party or hand out employee gifts, let’s talk about...
Between the information that’s available online, what your friends and family tell you and the advice that is no longer relevant due to the ever changing laws, it can be genuinely difficult to determine whether your employee expenses are tax deductible or not. And, if...
"*" indicates required fields