News


Ricky Goel Shines Bright at the Rising Star Awards 2024

We are thrilled to share that Ricky Goel has won the Audit category at the 2024 Rising Star Awards in Sydney on Friday 22nd November.


Bah humbug: The Christmas tax dilemma

Don’t want to pay tax on Christmas? Here are our top tips to avoid giving the Australian Tax Office a bonus this festive season. 


What makes or breaks Christmas?

The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility.

The countdown to Christmas is on and we’re in the midst of a headlong rush to maximise any remaining opportunities before the Christmas lull. Busy period or not, Christmas causes a period of dislocation and volatility for most businesses. The result is that it is not ‘business as usual’ and for many, volatility can create problems.


Are student loans too big?

Australian voters tend to reject US style education favouring more egalitarian systems where income does not determine access. For Australian domestic students, the cost of completing a bachelor degree is generally between $20,000 and $45,000, excluding some of the higher value courses


Finalist Award Recognition

We are thrilled to announce that Ricky Goel and Rodney Wark have been recognised as finalists in their recent industry awards submission for 2024!


Growth and Dedication at Forsyths

At Forsyths, growth and dedication are at the heart of everything we do. We pay tribute to the incredible career of Megan Edwards, who has retired after 31 years of dedicated service and are proud to announce Diane McLeod's promotion to Director of Leadership and Development.


Tax Consequences of Inheriting Property

Beyond the difficult task of dividing up your assets and determining who should get what, it’s essential to look at the tax consequences of how your assets will flow through to your beneficiaries.


More women using ‘downsizer’ contributions to boost super

If you are aged 55 years or older, the downsizer contribution rules enable you to contribute up to $300,000 from the proceeds of the sale of your home to your superannuation fund (eligibility criteria applies).


Payday super: the details

Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers.

From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their employees on the same day as salary and wages instead of the current quarterly payment sequence.


Beyond Profits: How Community Engagement Fuels Business Growth

In today’s fast-paced world, businesses are relentlessly focused on growth, reducing costs, and chasing targets. But amid this drive for success, one powerful objective is often overlooked in a business strategy and that’s community engagement.


$81.5m payroll tax win for Uber

Multinational ride-sharing system Uber has successfully contested six Revenue NSW payroll tax assessments totalling over $81.5 million. The assessments were issued on the basis that Uber drivers were employees and therefore payroll tax was payable.


Property and ‘lifestyle’ assets in the spotlight

Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up.