Budget 2015 Report: The ‘Have a Go’ Budget
The 2015 Budget is a very different one from last year. The Government has tried to avoid anything too controversial and has provided significant stimulus and incentive for small business. The...
View ArticleWhy using the $20,000 Instant Asset write-off might be the wrong decision
So, your business has a turnover under $2 million and you want to know how to use the $20,000 immediate tax deduction that’s been all over the news? Before you start spending, there are a few things...
View ArticleCOMPANIES UNDER $2M TURNOVER: What you should know heading into the new...
Small business entities (SBEs) with an aggregated turnover below $2 million have access to a number of special concessions and benefits. Aggregated turnover is the annual turnover of the business plus...
View ArticleCOMPANIES OVER $2M TURNOVER: What you should know heading into the new...
SuperStream – electronic reporting and payment of employee super contributions Under SuperStream, employers must electronically report and pay super contributions for employees through a system that...
View ArticleCOMPANIES UNDER $2M TURNOVER: Top tips & traps for reducing your risks &...
1. Declare dividends to pay any outstanding shareholder loan accounts If your company has advanced funds to a shareholder or related party, paid expenses or allowed a shareholder or other related party...
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