Aintree Group

PLANT GROW REAP PODCAST: EPISODE 22 IS OUT NOW! 🎙️

Aintree Group's People & Culture Advisor, Jasmin Marotta, shares insight into the everyday holistic wellness practices that can help set you up for success - from staying hydrated and engaging with nature to wearing specific colours and listening to the right music.

Listen now on Spotify, Apple Podcasts and Amazon Music, or watch the full video episode on YouTube: https://aintreegroup.com.au/podcasts/.

New episodes will be released fortnightly, so subscribe on your preferred platform or keep an eye out on our socials for new releases. 👀

At Aintree Group, we offer integrated professional services in accounting, wealth and finance, business and law.

We provide expert support and advice for all areas of your professional and personal life, all under the one roof so that you can sleep better at night.

So, what can we assist with?

🧮 Accounting, Tax, Superannuation and Bookkeeping

📑 Complex Corporate Structures

💰 Wealth Management and Financial Planning

🏠 Finance, Lending and Broking

👩‍⚖️ Corporate, Commercial and Property Law

👩‍👩‍👧‍👦 Estate Planning

👔 Business Consulting and Strategic Advice

🙋‍♂️ C-Suite Advisory Services

👤 Trusts and Self-Managed Super Funds
..and lots more!

Need assistance with any of the above?

Contact our team today: https://aintreegroup.com.au/integrated-professional-services/

Are you a Victorian property investor with short-term rentals on platforms like Airbnb?

You may face a new 7.5% tax starting 1 January 2025.

The levy will be applied to each booking for a stay of less than 28 days made on or after 1 January 2025.

The aim of the proposed tax is to encourage property owners to shift from short-term to long-term rentals. This aims to lower rental prices, reduce vacancy rates, and improve the availability and affordability of rental housing across Victoria.

More details will be available once the Victorian Government passes legislation in late 2024 so watch this space!

In the meantime, you can learn more here: https://aintreelegal.com.au/insights/short-term-rental-providers-did-you-know-youre-getting-a-new-tax/

September has begun, so here are our key dates. 🌼

You may notice that we have something very exciting happening this month - we're moving!

Our final day at 273 Camberwell Road will be Tuesday 10 September and we will officially open at our new office on Wednesday 18 September.

More details to come soon. 👀

Q&A with S&A PODCAST: EPISODE 17 IS OUT NOW! 🎙️

This time Shane and Andrea direct the questions at each other! After 25 years of marriage and 20 years of business partnership, they provide a bit of insight into the process of building a business together, trying to keep work and home life separate, and why Aintree Group feels like their third child.

Listen now on Spotify, Apple Podcasts and Amazon Music, or watch the full video episode on YouTube: https://aintreegroup.com.au/podcasts/

New episodes will be released fortnightly, so subscribe on your preferred platform or keep an eye out on our socials for new releases. 👀

Happy Father's Day to all the dads, grandfathers and father figures in our lives! 🏎️ 👔 🍔 🧢

Our August highlight reel ✨

The ATO's current focus is on Australian landlords who are incorrectly reporting tax deductions and increasing costs to minimise their capital gains.

They will gain access to property management data such as the details of landlords and the properties income and expenses to mitigate the issue and take administrative action if they find non-compliance.

To make sure you're correctly lodging your tax returns and reporting capital gains, please get in touch with our accounting team.

To learn more, visit https://www.accountantsdaily.com.au/regulation/20334-millions-of-landlords-the-target-of-expanded-ato-crackdown?

If you receive a sum of money from an individual, it is generally not taxed if the gift is given voluntarily, nothing is expected in return, and the gift giver does not materially benefit.

But if the ATO asked, would you be able to prove that the sum of money was actually a gift and not a loan or assessable income?

The ATO can suspect the money is income and issue a tax assessment. It is up to you to prove that the money was a gift or else the sum of money will be taxed.

It is important to always consult your professional advisors before gifting or receiving a large sum of money.

For more information: https://aintreegroup.com.au/insights/when-is-a-gift-not-a-gift/

Happy International Dog Day from our (large group) of Aintree Group dogs! 🐶🐕🦮🐕‍🦺

PLANT GROW REAP PODCAST: EPISODE 21 IS OUT NOW! 🎙️

Meet Chantelle Rose, Aintree Group’s Compliance Administrator, who keeps track of our client’s business, trust and SMSF registrations, fees and obligations and makes sure they’re correct and compliant! She talks about her career so far, the importance of workplace friendships and the story of getting engaged in South Korea!

Listen now on Spotify, Apple Podcasts and Amazon Music, or watch the full video episode on YouTube: https://aintreegroup.com.au/podcasts/

New episodes will be released fortnightly, so subscribe on your preferred platform or keep an eye out on our socials for new releases. 👀

Scams Awareness Week begins tomorrow (26 - 30 August).

The 2024 theme is 'Share a Story, Stop a Scam' and aims to encourage all Australians to share their stories so that others can better spot and avoid scams.

We will be sharing some content on our stories this week to help our community stay cyber-safe and protect themselves. Stay tuned!

A number of changes to workplace laws will come into effect on 26 August 2024.

These changes are part of the suite of “Closing Loopholes” reforms which were first passed last year. The reforms include:

📔 Changes to casual employment including the definition of ‘casual employment’ for people hired from 26 August 2024.

📞 A new ‘right to disconnect’, where employees will be allowed to refuse employer or third-party contact outside of their normal working hours, provided it is reasonable to do so.

👷‍♀️ New protections for independent contractors.

🚗 New standards and protections for gig economy workers.

Want to learn more?

Check out our latest blog here:

Workplace law changes coming 26 August 2024 | Aintree Group Legal A number of changes to workplace laws will come into effect on 26 August 2024.

Happy National Finance Broker's Day to our Aintree Group Finance team!

Thank you for demonstrating our values in everything you do and maintaining excellent customer service and care for our clients.

*️⃣ CASUAL EMPLOYEES AND EMPLOYERS *️⃣

Starting 26 August 2024, there will be some changes that affect casual employment in Australia.

These updates include how casual work is defined, the shift from casual to permanent roles, and other important responsibilities for both employees and employers. These changes will only affect casual employees hired after 26 August 2024.

It is important to make sure your employment contracts are up to date and in line with these new changes.

If you need a professional to review your contracts, please get in touch with our Aintree Group Legal team today!

Learn more here: https://aintreegroup.com.au/insights/amendment-to-the-definition-of-casual-employees/

Q&A with S&A PODCAST: EPISODE 16 IS OUT NOW! 🎙️

Lynda Slavinskis, founder of All The Doo Dah Day, shares her transformation from a high-level lawyer trapped on the treadmill of achievement to a joy-focused educator. Lynda reveals how she came to embrace her true sparkly self and choose a life filled with colour, energy, and music, where her mission is to amplify others’ voices and encourage them to live authentically and confidently.

Find out more about Lynda’s work at: allthedoodahday.com.au | All the Doo Dah Day

Listen now on Spotify, Apple Podcasts and Amazon Music, or watch the full video episode on YouTube: https://aintreegroup.com.au/podcasts/

New episodes will be released fortnightly, so subscribe on your preferred platform or keep an eye out on our socials for new releases. 👀

If you've been following along on our stories, you may have seen that some of our team members (past and present) recently had the incredible opportunity to attend the Paris Olympics! 🇫🇷

They were lucky enough to watch Tristan Carter, who is a special member of our community, make his Olympic debut and qualify for the finals in both his events, and witnessed the fabled Fox sisters, Jess and Noemie, win gold. 🥇

Our Compliance Administrator, Emilie was also an official Olympic volunteer. She spent time working in the Australian Olympic village and even got to ride on the boat with all the athletes during the opening ceremony. 💚💛

Our team had the best time, and it was such an incredible experience for those in Paris and back home. Swipe across for some of our highlights!

It’s so important that you update your details with us when they change. It helps us provide you with the best possible service, and ensure your information is correct on all your compliance paperwork.

If you ever move house, get a new phone number, email address or post box, or switch banks, please let us know so we have the most accurate data to work with.

If there are key details that have changed in the last 6-12 months that we may not know about, please click here: https://aintreegroup.com.au/update-your-details/

Did you know new laws could invalidate existing agreements you use in your business every day?

Under the changes, the Fair Work Commission (FWC) will have the power to set-aside or vary unfair terms on an application by an independent contractor if:

- In the year the application is made, the independent contractor’s annual earnings are less than the ‘contractor high income threshold; and

- The FWC finds that the services contract term is unfair relating to a workplace relations matter if the independent contractor were an employee.

These changes allow independent contractors to step away from the formal and expensive court processes they were originally restricted to and allow an additional legal avenue for them to challenge unfair contract terms.

The changes will come into effect from 26 August 2024.

Learn more here: https://loom.ly/iwAK7wc

A codicil is a separate document that modifies an original Will by making an amendment or an addition to the terms of the Will.

They are sometimes thought to be a quick and easy solution that allows a testator to make small changes to their wishes, but they aren't what they seem!

A codicil provides no significant advantage over preparing an entirely new Will and the signing requirements and costs are very similar.

So, if an issue is important enough to ask for a codicil, it’s important enough to justify a new Will.

For more information: https://aintreelegal.com.au/insights/specific-bequest-and-why-codicils-are-evil-grand-budapest-hotel/

Here are our top 3 tips to level up your investing game in 2024:

1️⃣ Create clear and measurable investment goals.

2️⃣ Develop a suitable asset allocation and diversify your portfolio.

3️⃣ Attend our ‘Investment Concepts that Work’ webinar with James Stephen - Director of Aintree Group Wealth.

Want to learn more? Register for our upcoming webinar here: https://ow.ly/IUkv50SRLGG

PLANT GROW REAP PODCAST: EPISODE 20 IS OUT NOW! 🎙️

Aintree Group shareholders Trung Le, Nadia Fazli and Joseph Colaciello explore the unique opportunities, challenges and mindset shifts involved when you step up from being an employee of a small business to a shareholder, and share advice for anyone who is interested in following that career trajectory themselves.

Listen now on Spotify, Apple Podcasts and Amazon Music, or watch the full video episode on YouTube: https://aintreegroup.com.au/podcasts/

New episodes will be released fortnightly, so subscribe on your preferred platform or keep an eye out on our socials for new releases. 👀

Happy Birthday to one of our lawyers, Josephine! 💐🥳

From data breaches to viruses and billing scams, Australian businesses are facing more potential cybersecurity issues than ever before.

So, how can they avoid or minimise the impact of these cybercrimes?

Here are some of Business Victoria's top tips:

🔐 Always use multi-factor authentication
✉️ Don’t open attachments from suspicious sources or click on links asking for personal details.
⏰ Keep software and operating systems up to date
💻 Use a current virus scanner on all your business computers

Want to learn more? Check out their article: https://business.vic.gov.au/business-information/protect-your-business/manage-cyber-security-in-your-business

😮 Did you know? 😮

The Federal Government has made a major change to Statutory Declarations in hopes the process will be easier and more cost-effective.

Statutory Declarations can now be made online using digital verification (myGovID) and a witness is also no longer required (good news for those that live remotely!).

While this is a welcome change, this will only apply for matters involving federal legislation and each individual state still have their own laws.

Learn more here: https://aintreelegal.com.au/insights/are-we-witnessing-the-end-of-witnessing-statutory-declarations/

Happy International Cat Day from our Aintree Group cats! 🐱🐈

"Have I got commercial or industrial property?"

"Does the new Commercial and Industrial Property Tax (CIPT) reform impact me?"

"Is it the same as land tax?"

You may be wondering what the new Commercial and Industrial Property Tax (CIPT) reforms are all about.

So, we've answered all your frequently asked questions about it!

Check out our latest blog post to find out more about the reform and how it may impact you from 1 July 2024: https://aintreelegal.com.au/insights/faqs-commercial-and-industrial-property-tax/

To discuss your commercial and industrial property transactions further, please get in touch with our Aintree Group Legal team.

Q&A with S&A PODCAST: EPISODE 15 IS OUT NOW! 🎙️

Shane and Andrea chat to Director of Aintree Group Wealth, James Stephen, about building the life and career you want by seeking out new opportunities and just "having a go".

James shares his experiences writing a book, balancing his career and family, lecturing at university, and finding his place and purpose in the financial planning industry.

Listen now on Spotify, Apple Podcasts and Amazon Music, or watch the full video episode on YouTube: https://aintreegroup.com.au/podcasts/

New episodes will be released fortnightly, so subscribe on your preferred platform or keep an eye out on our socials for new releases. 👀