The dreaded Division 296 tax – with a silver lining
Proposed legislation now details how the new tax will work from 1 July 2026.
Division 296 – the so‑called “$3 million super tax” – has moved from a political talking point to near‑certain reality, with detailed legislation now on the … Read more
GP Margin v/s Mark Up
A costly misunderstanding.
Maintaining your Gross Profit margin is one of the most critical drivers of business success.
Pricing (the primary determinate of GP margin) is probably the most important lever for a business owner to drive business … Read more
Passion for a Train Journey?
The Indian Pacific v/s the Rocky Mountaineer
Having completed the Australian Indian Pacific in January 2026, and the Canadian Rocky Mountaineer in late 2022, they make an interesting comparison.
Especially given my history…
1 The Indian … Read more
Tax Debt just became even more expensive
What is the cost of not paying tax on time?
The rules surrounding collection of tax are tightening up and being enforced by the ATO. The General Interest Charge (GIC) for all taxpayers is applied to late tax payments at a daily rate.
The GIC is … Read more
