My apologies for the April fools newsletter title, poor accounting humour! There is however talk of tax reform which may see an increase in the rate of GST. Whether the political parties have the will to undertake a sincere review and make tough decisions remains to be seen. Based on the last few years I Read more about Newsflash: GST rate reduced to 0%[…]
Do you know when the calendar year ends or when the financial year ends? Spare a thought for the poor Fringe Benefits Year End (next week – 31 March) which receives little fanfare although it affects many of us. Do you: Salary package. Work for a community organisation or large institution such as a public Read more about End of year is next week. Really?[…]
In addition to our interesting as ever newsletter, I will touch on something we feel is important. Warning Signs We see a number of business owners and managers who are far too busy in their business, not seeing the larger picture of where the business is headed. These businesses often have no long term strategic Read more about 5 Business Warning Signs[…]
Last Minute Tax Planning Tax planning isn’t limited to the last few weeks of the tax year. The best tax planning forms part of your business structuring and is incorporated into decisions throughout the year. Having said that we appreciate that most business owners are very busy so we have listed a few last minute Read more about Tax Planning – 2014[…]
The ATO is under pressure to recover lost ground after relaxing its position during the global financial crisis. One of the areas it intends to improve revenue is by targeting contractors. The ATO has warned that it plans to use information from labour hire firms and increased auditing in attempt to improve compliance for contactors Read more about ATO Crack downs[…]
Most businesses work on the basis that they are supposed to sell on value and not price. What happens when a business is faced with the prospect of a price only buyer (purely focused on the cost of a product or service)? First, make sure they really are in fact a price only buyer. In Read more about Beware the price shopper![…]
On 30 January 2012, a new national scheme governing all types of security interests over personal property will start. To facilitate the transition from Queensland’s Register of Encumbered Vehicles (REVS), Bills of Sale Register and Register of Cooperative Charges to the new national Personal Property Securities Register (PPSR), Queensland’s registers will close at 5pm AEST Read more about Transition to Personal Property Securities Register[…]
Occasionally clients and friends present documents prepared by Solar Panel sales staff showing how solar panels can lead to extraordinary savings such that my clients or friends will make a net profit from solar after a very short period of time. The Net Present Value calculations are often based on 1 or 2 years of data then extrapolated after making Read more about Solar may not be as cool as you think…[…]
Please click on this link to view our quarterly business newsletter. Topics for the second quarter of 2011 include: Understanding employment contracts Changes to unfair dismissal laws Innovate with experiential marketing Cloud computing and your business Paid parental leave Tips for quality leadership Web watch Key dates for the quarter
What is the Queensland Building Boost Grant? The Queensland Building Boost Grant is a grant of $10,000 for a person or corporation buying or building a new home in Queensland for a value less than $600,000. The grant is to assist recovery in the housing construction sector, Queensland’s third-largest job generating industry. When can I Read more about $10,000 Queensland Building Boost[…]