Recently, the Tax Practitioners Board (TPB) issued a strong warning to the public following a court case that ended in jail time for a woman who was preparing tax returns without being legally registered. Her name is Jessa Dabalos, also known as Jessa Van Stroe and Jessa Layola. She operated out of Perth and lodged hundreds of tax returns on …
Navigating Uncertainty: Building Resilience Through Personal Risk Management Strategies
Introduction Personal financial risk management involves identifying, assessing, and planning for potential financial challenges that could disrupt personal well-being. It serves as a critical tool for safeguarding financial stability by helping individuals prepare for uncertainties such as income loss, unexpected expenses, or market downturns. Through thoughtful strategies like emergency funds, insurance, and diversified investments, people can mitigate the impact of …
Get Ready for Payday Super: A Guide for Small Businesses to Stay Ahead
Payday Superannuation is set to change how small businesses pay super contributions—from quarterly to each payroll cycle, starting July 2026. This guide helps you prepare, covering system updates, cash flow strategies, and automation tips, so you’re ready to comply smoothly and avoid costly penalties.
7 Smart Money Habits to Help Your Small Business Succeed
Discover 7 smart money habits to help your small business thrive in Australia. From budgeting to reinvesting profits, these practical tips can strengthen your financial foundation. At Twenty Acres Accounting, we’re dedicated to supporting small business success. Learn how to take control of your business finances and plan for long-term growth.
Why Has My Tax Refund Decreased? Here Are 8 Reasons
Wondering why your tax refund has decreased? Factors like the end of LMITO, incorrect tax withholding, government debts, and income changes can impact your refund. At Twenty Acres Accounting, we guide you through maximizing deductions, managing side income, and avoiding common mistakes to help boost your refund
The Risks of Government-Regulated Truth: Lessons from COVID-19 and the Voice Referendum
Government regulation of misinformation threatens open discourse, as seen during COVID-19 and the Voice referendum. The Combatting Misinformation Bill risks censorship, stifling debate, and limiting financial freedom by restricting alternative viewpoints. True democracy relies on the freedom to question authority, not on state-imposed definitions of truth.
The Australian Labor Party’s Negative Gearing Reform: What it Means for Investors and Housing
The ALP proposes limiting negative gearing to newly built properties, excluding existing homes from this tax benefit. Investors with current properties would still retain their tax advantages, but future purchases of existing homes may no longer be eligible, impacting property investment strategies and potentially influencing the housing market.
