News and Insights

BWD Accountants Joins Kelly+Partners Chartered Accountants 4th December 2018

Designed to strengthen and secure its leadership for the long-term, BWD Accountants have announced a partnership with Kelly+Partners Chartered Accountants....

Read more

Check now for your share of $17.5b in lost super 17th October 2018

New data released by the Australian Taxation Office (ATO) reveals the total amount of lost and unclaimed super was reduced by over $420 million in 2017-18 but there is still $17.5 billion waiting to be found....

Read more

Attention all car owners! You must declare what you share 4th October 2018

Do you earn income through car sharing platforms? If you do, it is important to include the income – no matter how little – in your tax return. It’s no different to anyone else renting out an asset, like a house or a car park. You must declare the income and you cannot avoid tax by calling it a hobby....

Read more

What concessions can small businesses tap into this tax time? 10th September 2018

There are a range of tax concessions that your small business might be eligible for. Here are a few you should consider for your 2018 tax return....

Read more

End of the financial year – is your SMSF ready? 28th June 2018

With the end of the financial year fast approaching, now is the perfect time to ensure everything is in place for your SMSF before 30 June. The following are some superannuation strategies that you might want to know more about to get the best out of your SMSF....

Read more

Airbnb And Home Sharing: Taxing Implications 28th June 2018

first into the sharing economy by driving Ubers or listing their properties on Airbnb and other home sharing sites. Renting out a part of your home or your whole home while you're on holidays seems like a great way to make some extra money now, but if you go down this route what about the tax implications for you now and in the future?...

Read more

4 Federal Budget tax measures that impact your business 28th June 2018

Small and medium-sized businesses received a bit of attention from the Government in this year’s 2018-19 Budget....

Read more

Kelly+Partners Private Wealth Update: June 2018 28th June 2018

Some of the key issues we are considering as we look into the next financial year are as follows: Will global growth momentum be sustained? Can geopolitical tensions derail the economic expansion? What absolute level of long-term interest rate becomes an impediment to equity prices continuing to rise? Will oil prices sustain the rally seen over the past year? ...

Read more

Kelly+Partners Finance Update 25th May 2018

In the May meeting, the Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5 per cent with the last rate move back in August 2016. With a combination of retail deflation and continued weak wages growth still impacting economic growth, the Reserve Bank has signalled that we can expect to see rates stay where they are for the time being. They have indicated however that it expects the next rate move to be an increase and is concerned about the potential shock that this may cause the economy....

Read more

Accumulate and educate: using investment bonds to save for children's education 25th May 2018

The cost of raising children has increased significantly over recent years with an average high-income family’s estimated spending on education per child in the major capital cities now $550,827. Both primary and secondary education costs increased enormously, with preschool and primary education almost doubling in cost and secondary education more than doubling in cost over the previous 5 years....

Read more