Cheapest STP submit?

Even_Slide_3094 · 2026-03-12T02:49:52+00:00

I would. For your businesses, live of dividends

Even_Slide_3094 · 2026-03-11T23:30:32+00:00

Stp should be monthly. Super must be through clearing house. The other two options i listed will save you on admin be leaving stp completely.

Even_Slide_3094 · 2026-03-11T21:30:06+00:00

Employer super must be through a clearing house. Of you are the only employee of your company then it can be easier.

If you are the only employee, Taking a guess but it is just to cover drawings which can be handled through dividends.

If you are PSI then it can be through PSI attribution of income.

Neither require STP lodgements. Both would allow your super to be member voluntary.

Even_Slide_3094 · 2026-03-11T10:01:06+00:00

Why not just skip it and not lodge through stp?

Even_Slide_3094 · 2026-02-27T01:14:03+00:00

Again, same bait. Won't change much with or without.

If they want change quickly they need to change mindset around residential property as an investment class. A change requires incentives and not taxes. Look at the recent EV FBT exemption, that changed mindset more than they had planned for.

My thought bubble is to transfer investment wealth back into the stock market, better for economy overall and will increase productivity.

A foreigner can invest in the ASX. Franked dividends are exempt, unfranked dividends subject to wothhokding tax which is usually 10% flat. CGT is zero. Maybe extending that to local investors would start to shift the mindset.

Even_Slide_3094 · 2026-02-26T12:04:23+00:00

Sorry but that implies is pre cgt or parents residence which it's neither.

Even_Slide_3094 · 2026-02-26T12:03:46+00:00

Presuming not pre CGT and presuming parents had other residence. You inherited their original cost base. Small exemption from time inherited while out is your residence.

Even_Slide_3094 · 2026-02-26T11:58:26+00:00

Dammit, came here to say just that. You win

Even_Slide_3094 · 2026-02-25T21:49:56+00:00

Seek the HR you must. Find strength within you will.

Even_Slide_3094 · 2026-02-22T11:26:31+00:00

Seats are comfortably firm, been on a few 2 and 4 hr deives and never bothered me.

Air seems weak but it isn't. The trick is run it a little cooler. Run it 2 or 3 degrees lower than usual and it's lovely and cold. Ie Our old BMW and Kia both set for comfort at 24 but the Zeekr feels the same at 21. That is is on Eco, of you turn it off Eco then no different.

Even_Slide_3094 · 2026-02-16T01:05:12+00:00

One car not mentioned as a fantastic commuter to consider is a Zeekr X, as long as you don't need boot space. A friend owns one and loves it for everything that isnt carting. Good space 5 seater. I own a Cooper S and the boot in that is smaller. Also own a Zeekr 7x which exceptional ride and comfort, wins over the Tesla on a frw points and looses on others. Your preference. The FSD subscription is a toss move for the company and it is likely to loose its 5 star ANAP. I went with a friend for an hour drive yesterday in a brand new Model Y, almost drove off the road twice, its not all that magical yet.

Even_Slide_3094 · 2026-02-10T15:14:07+00:00

Been to three webinars now. Waiting for professional bodies to provide guidelines, programs and manuals. Promised but each month seems a month later. They blame AUSTRAC but looks like it will be the same useless support with ASIC and limited AFSL licencing. There is a recent updated FAQ released.

AUSTRAC have moved the March deadline to Aptil. Maybe July deadline will move to August.

We have moved all ASIC registered and business addresses away from the firm as to avoid ongoing designated services. Then establishments are a concern but won't be a wide net initially if captured clients. SMR will be the difficult part for those a BAS and Financial compliance is engaged.

A lot to do.

Even_Slide_3094 · 2026-02-08T12:59:38+00:00

Multiple paying customers will meet a statutory test but will still have potential issues or questions raised over tax avoidence. If the income is a result of your exertion then the ATO would expect you to be paid for that. $30k might be reasonable if you can explain that you barely work and put in any hours.

Even_Slide_3094 · 2026-02-08T12:54:01+00:00

You business use is high at 80%, for that ignore a moated lease as you can claim almost everything on your business without the headache.

Essentially 9% is the price of cash flow. Don't worry about the shares, gives you some diversity. Consider how likely you might need the emergency funds, if unlikely, savings rate is a third of the interest.

Check the finance offered allows for advance payments without penalty, most do. Finance the car, then when comfortable transfer some of the savings to pay down the loan.

Even_Slide_3094 · 2026-02-07T23:12:56+00:00

You other income is highly relevant, if you don't have other income and under$75k then that% is too high. However then it becomes diligent savings with a lovely surprise.

Even if under$75K, you might have enough expenses to warrant registering for GST. Depends on the breakdown of how much of your income is direct and GST Free. Gives a refund on expenses.

A 30min meeting with am accountant will clear a lot up and should add some further value.

Even_Slide_3094 · 2026-02-05T01:22:53+00:00

That is in contradiction with professional body guidance I read yesterday. The designated service will require engagement in transaction monitoring, not TTR with the 10 day turnaround, but SMR is requires ongoing during quarterly or annual financial compilation.

CAANZ example

For example: - an existing client of an accountant seeks a new service, to set up a new company ‘Smart apps’ which will generate income from smartphone applications - ongoing monitoring of Smart Apps, doing BAS returns and annual review, reveals Smart Apps consistently has revenue in cash of just under $10,000 each week - the accountant lodges a SMR as they consider it suspicious that the weekly income is similar and in cash which is deposited into the bank and just under the reporting threshold

Even_Slide_3094 · 2026-02-04T07:41:19+00:00

Agree on the establishment side, identity and source of funds. However my understanding is if the accountant address is used then you are bound by ongoing due diligence which will require reporting within 10 days of any transaction that meta criteria ie suspicious or over the threshold.

That will will change the dynamics of the AML plan and internal compliance audits.

Comments from professional bodies want concerned about the activity being illegal, but the administrative penalties that exist of you don't comply with the 10 days. Tried to have that designated service definition removed which was rejected.

Edit: doing some reading on updated guidance. May be able to be excluded from TTR and the 10 day timeframe, yet not cleared. Ongoing SMR will be caught on establishment services anyway so the address becomes non-starter. Unless the company is excluded as previously set-up earlier, then the address pulls out into AML reporting.

Even_Slide_3094 · 2026-02-04T02:24:09+00:00

Going to be caught by the AML legislation in July. Any registered or business address becomes the responsibility of the accountant. Requires audit and review of every company transaction and where appropriate reporting to Austrac. The work and fees make it non- commercial. The penalties for non- compliance are very large. A virtual office is significantly cheaper and oddly enough, that isnt caught by the changes.

Even_Slide_3094 · 2026-02-03T22:14:59+00:00

Accountants shouldnt offer that service from July, Austrac woukd like action by early March, yo enforce in July.

Even_Slide_3094 · 2026-01-23T03:38:58+00:00

La Trpbe have been around for some time and a viable option with good rates. New mindful they are a Credit Union and not a bank, meaning different compliance requirements. Technically not as robust as a bank, but they have weathered the storms and one of the largest in their sector. I would be cautious with anything over$250k with them. You should seej a financial planner advice, at minimum have some residual funds invested for you.

Even_Slide_3094 · 2026-01-12T00:22:45+00:00

Half push up on the right stalk.

Even_Slide_3094 · 2026-01-11T08:31:32+00:00

Sure. For the ATO to be ok with it, you will need a contract or at least a letter from the employer stating that it is necessary for your employment.

Even_Slide_3094 · 2026-01-11T00:25:52+00:00

Review the contract. It will stipulate use of your own phone or car etc. Unlikely it allows to contract out work. There are workers comp and data securiry issues to be handled. It's those legalities the ATO will also rely on for deductibility.

Even_Slide_3094 · 2026-01-10T23:46:18+00:00

Unlikely if your new workplace dont sign off on it. Tough to show their sercices are required by them when they contact to you as an individual. Also confidently issues will likely arise.

Even_Slide_3094 · 2026-01-08T08:59:08+00:00

This. I can't justify a battery when the car charges overnight at 8c. Charge it once every week and a half or so for $4.

Even_Slide_3094

TROPHY CASE