How to avoid the 45% tax rate? Did you know that income remaining in a trust is taxed at 45%? It is imperative that any trust income is correctly allocated before 30 June 2015 to avoid horrible tax outcomes. To achieve the best outcome you should: understand your tax position for the year ended 30 June Read more about Tax Planning & More[…]
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[…]
Welcome to 2015. We trust that you had a good Christmas and New Years although this may be fading into a distant memory as you clean out your inbox. 31 December 2015 Just imagine that the year has magically flown by and you are at the New Year celebrations at 31 December 2015 already. The Read more about Start 2015 well![…]
If you are like us, your inbox is full of Christmas emails and messages so I promise that this is not another Christmas email! We still have a few productive days left this year so I encourage you to keep running until you reach the finish line before enjoying a well deserved rest. Planning If Read more about Not a Christmas Newsletter… yet.[…]
Tax planning The end of the financial year is fast approaching. Please contact our offices if you are interested in tax planning. Tax planning includes but is not limited to: Deferring assessable income Accelerating deductions Capital Gains Tax Debt & Equity implications Salary sacrificing Low income tax offsets Superannuation Non commercial losses Trust distribution calculations Read more about Profit Improver – April 2014[…]
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This newsletter includes the following interesting articles: Attracting repeat customers Writing effective marketing material Outsourcing small business tasks The importance of employer branding Eliminating products to improve products How to make online content more engaging