Insights
Welcome to the Saab Partners blog, your one-stop source for the latest insights, trends, and expertise in the world of accounting and financial services. Join us as we navigate the ever-changing landscape of finance, empowering businesses and individuals through strategic partnerships and unparalleled expertise.
The taxpayer who claimed a loss on their home
An Australian woman claimed a $265,935 loss on her tax rebate after arguing she planned to make a profit from the transaction. Read how she won and why we care.
The Christmas Tax Dilemma: Don’t pay more this holiday
As we come to the end of the year, here are 5 tips to avoid paying more on Christmas spend. Find out how business costs can mean more money to the tax man.
Tax on super balances above $3m hits Parliament
We already knew it had been proposed, but the doubling of tax balances above $3m is now in Parliament's hands. How will that affect you?
The Key Influences of 2024: Issues to watch for next year
As we leave 2023 behind, there's a lot of optimism. Here are some key themes influencing the 2024 tax year and how they might affect you.
Workers owed $3.6bn in super guarantee
Workers are owed over $3.6 billion in superannuation guarantee according to the latest ATO estimates – a figure that must dramatically change.
Up to 10 years in prison for deliberate ‘wage theft’
Legislation currently being debated in Parliament will introduce a new criminal offence for intentional “wage theft”. If enacted, in addition to the criminal offence, a fine will apply.
When trust distributions to a company are left unpaid
What happens when a trust appoints income to a private company beneficiary but does not actually make the payment?
Fixed-term employment contracts limited to 2 years
From 6 December 2023, employers can no longer employ an employee on a fixed-term contract that: is for 2 or more years, plus other criteria.
When is food GST-free?
Chobani plain yoghurt is GST-free but Chobani’s ‘flip’ range is taxable? A recent case shows how fine the line is between GST-free and taxable foods.