• Maximise Your Business Depreciation Deduction

    Take Advantage of instant asset write-off and Simplified Depreciation Rules Instant Asset Write-Off The instant asset write-off threshold has increased to $30,000 from 7.30pm (AEDT) 2 April 2019 and..
  • GIC & SIC RATES

    The ATO has published general interest charge (GIC) and shortfall interest charge (SIC) rates for the first quarter of the 2019-20 income year. The GIC annual rate for July – September 2019 is 8...
  • SMSF & INVESTMENT DIVERSIFICATION

    The Australian Taxation Office (ATO) has announced that it will be contacting a number of Self Managed Superannuation Funds (SMSF) where their records indicate that 90% or more of an SMSF’s funds ar..
  • Single Touch Payroll (STP) ready. Now what?

    So you’re STP ready – now what? Follow these 4 essential steps. Follow these steps from the Australian Taxation Office (ATO) to ensure you submit your STP reports successfully. Alternatively, con..
  • SPRING 2019 MARKET UPDATE

    In this update we examine the market during the first part of the year, the shift in interest rate expectations and why the RBA is cutting interest rates, and key areas of support for the Australian e..
  • FIVE TIPS FOR WRITING YOUR BUSINESS PLAN

    Preparing a detailed Business Plan will inform the lender about your business proposal so that they can assess your application as favourably as possible.   1. KNOW YOUR NUMBERS In order to in..
  • LOW & MIDDLE INCOME TAX OFFSET

    LMITO was recently passed by parliament and became legislation effective for the year ended 30 June 2019. The tax offset reduces the amount of tax otherwise payable by an individual and any unused ..
  • RETIREMENT COMING FOR AUSKEY

    AUSkey has been the primary identification method for businesses dealing with ATO online services for many years. The AUSkey system will be retired in 2020 and is being replaced by two products: ..