• GIC & SIC RATES

    November 12th 2013

    The ATO has published general interest charge (GIC) and shortfall interest charge (SIC) rates for the fourth quarter of the 2012-13 income year. The GIC annual rate for April – June 2013 is 9.95%..
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  • CREDIT & DEBIT CARD DATA MATCHING

    November 12th 2013

    The ATO has obtained the 2011-2012 debit and credit card merchant sales data for Australian businesses from all major banks and credit card providers. The aim of this ATO data matching program is t..
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  • NOT-FOR-PROFIT TAX CONCESSIONS

    November 12th 2013

    As part of the 2012 Federal Budget reforms to tax concessions provided to not-for profit (NFP) organisations are to be introduced such that tax concessions are to be only available for the specific NF..
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  • DEPRECIATION SCHEDULE FOR RENTAL PROPERTIES

    November 12th 2013

    As the end of the financial year is just a few months away, now is the time to consider obtaining a depreciation report for any new rental properties acquired during the year. A depreciation schedu..
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  • GIC & SIC RATES

    November 12th 2013

    The ATO has published general interest charge (GIC) and shortfall interest charge (SIC) rates for the third quarter of the 2012-13 income year. The GIC annual rate for January – March 2013 is 10...
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  • CIB FEATURE ARTICLE TRUSTEE RESPONSIBILITIES

    November 12th 2013

    CIB Accountants & Advisers is proud to announce the introduction of a SMSF Division within the firm. Legislation effecting superannuation funds has increased in complexity over the past few years ..
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  • MARKET UPDATE

    November 12th 2013

    The S&P200 Accumulation Index finished trading up 4.95% in January. The market rallied strongly in the 2012 calendar year. The Australian share market posted its best calendar year performance sin..
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