A HECS loan (also known as HECS-HELP) is available to students to pay the student contribution amount in a Commonwealth Supported Place (CSP) at a university or higher education provider.

Until yesterday, the indexation was based on the CPI (Consumer Price Index).

The Universities Accord (Student Support and Other Measures) Bill 2024 was passed in parliament yesterday (26/11/2024) which brings 2 key changes.

Cambrian Hill Accounting offers a free 30 min Discovery session. There is no obligation to engage our services.

The Discovery Session is an initial meeting to understand your business needs and whether our services and support are aligned with your business requirements.

All workers must have Super Guarantee paid on their wages. There are only limited exceptions.

If you have not paid your employee’s SG into their nominated super fund by the due date each quarter, you will need to lodge a Super Guarantee Charge (SGC) statement with the ATO and pay the Super Guarantee Charge.

Non-charitable Not-For-Profit organisations include many sporting clubs, community service organisations, child-care centres and professional associations.

Non-charitable NFP organisations with an active Australian business number (ABN) need to lodge an annual NFP self-review return with the ATO to confirm their eligibility to self-assess as income tax exempt.