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Residential Tenancies Amendment Act 2024 – changes to tenancy terminations in force

Changes to tenancy terminations came into force on 30 January 2025 as part of the Residential Tenancies Amendment Act which was passed in December 2024. The following changes relating to tenancy terminations came into force on 30 January 2025: Tenants can end their periodic tenancy with 21 days’ notice, as long as notice has not already been given. Landlords can terminate a periodic ...

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Tax Talk Newsletter Summer 2024 - 2025

Undercharging a recipe for disaster We all know most businesses fail within their first five years. There are many reasons, but one of the most consistent issues, especially for new business owners, is pricing. It’s a tricky area, with the huge temptation to underprice the market to get new business. That strategy is a recipe for disaster. Undercharging is universally recognised as the ...

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Wishing you a wonderful holiday season

Wishing you a wonderful holiday season, this year has certainly been interesting and challenging for many. We want to take this time to thank you for your custom and look forward to being of service in 2025. Take a well-deserved break, stay safe, recharge and enjoy the holidays. Our offices will be closed from Friday 20th December 2024, returning on 13th ...

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Residential Tenancies Amendment Act 2024

The Residential Tenancies Act 1986 (the Act) sets out the rights and responsibilities of landlords and tenants. Changes to the the Act have been introduced through the Residential Tenancies Amendment Act 2024 that was passed on 17 December 2024. Summary of changes Enabling online bond lodgment Changes that relate to bond lodgments take effect immediately.Signatures are no longer required when lodging or topping ...

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Tax Talk Newsletter Spring 2024

Common myths a trap for newcomers Running a business can be challenging, and dealing with taxes can add to the complexity. Here are some common myths that often confuse new entrepreneurs. Myth #1: Taking less out means less tax While the money you take out is considered income, it's not your taxable income. Taxes are based on your business profit, which is your sales ...

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