Essential EOFY checklist

Essential EOFY checklist The end of the financial year is fast approaching and businesses are clearing out as much stock as they can through EOFY sales. What does your business need to do ... Read More

Individuals

What is Land Tax?

What is Land Tax?

The state government collects about $2 billion in Land tax a year. Non-residential properties account for about 60% of Land tax revenue. So what is Land tax? The Office of State Revenue (OSR) states that Land tax is a tax levied on the owners of land in New South Wales (NSW) as at midnight on […]

Filed in Articles, Business, Individuals by on April 10, 2014 0 Comments
Pension Bonus Scheme

Pension Bonus Scheme

From 1 March 2014 no new registrations will be taken for the Pension Bonus Scheme. This change will affect older Australians not registered in the Pension Bonus Scheme before 1 March 2014, who: • turned age pension age before 20 September 2009 • continued to work since turning pension age, and • deferred receiving the […]

Filed in Articles, In the News, Individuals by on January 17, 2014 0 Comments
Depreciation

Depreciation

Depreciation solves the problem of section.81(2)(a) which states that expenditure on the cost of acquiring capital assets is generally not deductible. Depreciation allows the cost of a capital asset used in gaining assessable income to be written off over a period of time as a tax deduction. A depreciating asset is an asset that has a limited […]

Filed in Articles, Business, Individuals by on December 13, 2013 0 Comments

AWARD APP LAUNCH

AWARD APP LAUNCH New GST app makes on-the-job quoting quicker and ATO compliance easier AWARD gives tradies and small biz owners help in their hand   Award Accounting have combat a trend of GST ... Read More

Free Report – The FIVE Deadly Sins of Accountants

What is Land Tax?

What is Land Tax? The state government collects about $2 billion in Land tax a year. Non-residential properties account for about 60% of Land tax revenue. So what is Land tax? The Office of ... Read More

In the News

Pension Bonus Scheme

Pension Bonus Scheme

From 1 March 2014 no new registrations will be taken for the Pension Bonus Scheme. This change will affect older Australians not registered in the Pension Bonus Scheme before 1 March 2014, who: • turned age pension age before 20 September 2009 • continued to work since turning pension age, and • deferred receiving the […]

Filed in Articles, In the News, Individuals by on January 17, 2014 0 Comments
ATO extensive data matching programs

ATO extensive data matching programs

Thought about not including that amount of interest you earned from your savings account in your tax return? Think again the ATO have extensive data matching programs. In the recent federal budget the ATO has received $78 million dollars to help it with its data matching programs. The budget papers state that the money will […]

Filed in Articles, In the News by on October 9, 2013 0 Comments
Great Southern Investment

Great Southern Investment

Here is a recent article we found in The Australian Financial Review involving the Great Southern Investment.

Filed in Articles, In the News by on October 4, 2013 0 Comments