Why all businesses should budget With the end of quarter three for the 2018 financial year approaching and having your 2017 financial accounts and tax return finalised (or in the process of), it is time to start thinking about the 2019 Financial Year. For many...read more
Important Dates & Notes FBT Those of you who have registered for FBT, or lodged FBT returns in the past, be aware the FBT period ends 31 March 2018. If you are unsure if you should register for FBT or would like more information on this, please contact us. PAYG...read more
Worker sacked for abusive Snapchats about manager The Fair Work Commission has upheld the sacking of a long-term Coles employee who racially abused a co-worker and posted abusive and vulgar snapchats about his manager. Coles sacked Ridwan Ridwan by letter...read more
Business cash payments on ATO’s radar Cash might be king, but the use of cash by businesses is attracting attention from the ATO. Cash might be king, but the use of cash by businesses is attracting attention from the ATO. It will begin visits of selected businesses to...read more
Vested in Trusts Vesting of trusts and tax consequences related to such events are complex issues which may end up costing the trust and beneficiaries needless headaches and hip pocket pain. Vesting of trusts and tax consequences related to such events are complex...read more
If you are a small business with a GST turnover of less than $10 million, Simpler BAS is now your GST reporting method. This means you only need to report total sales, GST on sales and GST on purchases, which will save you time and money. If you use accounting...read more
This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice prior to acting on this information. Investment Performance: Past performance is not a reliable guide to future returns as future returns may differ from and be more or less volatile than past returns.