Enriching Your Business
It has been found that 80% of property investors failed to take full advantage of tax depreciation, according to a survey conducted by one of the leading Tax Depreciation Specialists. This figure only takes into account the investors whose savings
The media had widely publicised the government’s spending cuts in the recent Federal Budget announcement. However, there are also several tax and superannuation issues that should be highlighted for your attention. Personal Taxation Here are two major aspects where
SuperStream is a newly introduced standard to improve the efficiency of the existing superannuation system. Naturally, this standard also applies to all other superannuation funds including self managed super funds (SMSFs), in which contributions should be paid electronically as according
In case you are not aware of it, Small Business Assist is a user-friendly tool provided by the ATO as a FAQ platform on topics related to small business tax and superannuation. The tool is available online, and can be
If you are considering hiring new staff, here is a check list to ensure you have considered the important points. Tax and superannuation obligations Always keep in mind of your obligations in terms of tax and superannuation. Set up reminders
If there is an existing business in which you are debating on buying or even taking over from another family member, you should perform some detailed analysis and planning before proceeding with it. Here are a few pointers to consider
The late Kerry Packer once said: “I am not evading tax in any way, shape or form. Now of course I am minimising my tax and if anybody in this country doesn’t minimise their tax they want their heads read
This protocol was developed to address the issue of late trade payments, which had been a gradual increasing phenomena, that badly affects small enterprises who supply to large business customers that pay late. Thus in 2013, the government had developed
12 March 2014 was when changes to the Privacy Amendment Act 2012 (Cwlth) commenced. This replaces the existing National Privacy Principles with the 13 Australian Privacy Principles (APPs), in which they list out information that organisations must have in their
The Personal Property Securities Register (PPSR) is where details of security interests in personal property can be registered and searched. PPSR, which commenced on 30 January 2012, had been undergoing transitional arrangements ever since. These arrangements were to smooth out