Just a reminder that the deadline for last years tax returns is (as always!) the 15th May to avoid fines. So if you are yet to send your paperwork through, this sounds like a good wet weekend project. First come, first served. Lindsay 0413 952 180
Although a common strategy, it appears the ATO have recently decided that distributing trust income to adult children (but not giving them the cash) is no more than tax avoidance. This is such a shame as it was one of the few, fun tax planning strategies we had left in the tool box. Not to… Read More Trust Distributions to Adult Kids
With the ongoing Covid issues continuing to affect businesses, but JobSaver and JobKeeper ended, the NSW Government has reinvented the wheel once again and announced the new ……… 2022 Small Business Support Program Applications open 14th Feb, and details are somewhat vague. It will provide relief only for the month of February 2022. You may… Read More JobSaver/Keeper/Support V3 (I think)
I hope you all managed to have a well deserved break over Xmas and New Year. It is all change here. Not only is Glenn getting used to his (enforced) retirement, but we are now fully fledged empty nesters having put the golden child on a flight to LAX last night. She has gone to… Read More Happy New Year 2022
Wishing all my lovely, amazing clients a happy Xmas wherever you are. Hope your presents were as great as mine! I am taking a few days off and will be back on the 4th Jan. Enjoy xxx
It is with sadness that we have to say goodbye to the lovely Kerri. After working with me for over 6 years, and with the kids now old enough (allegedly) to look after themselves, she has decided to go back to the corporate world of trading which is what she did pre family. We will… Read More Welcome to Carolyn
In an effort to reduce fraudulent and phoenix activity, from the 1st November 2021 all directors of all companies now need an ASIC provided unique identification number. This includes directors of corporate trustees of SMSFs and Family Trusts and all small companies. The fines for not having a number will be huge so it is… Read More Director ID numbers
A lovely client of mine is about to publish her first book “Rewire for Success” which uses a four step simple process to unleash your brain’s full potential. You are all invited to the free virtual book launch on the 12th October from 1pm to 2pm which even includes a short Zumba session! Should be… Read More Need to rewire that old brain?
UPDATE 29/9/2021 If you log on to ServiceNSW and are asked to confirm turnover from 30th Aug to 12th Sept this is a website error which should be fixed by the end of the week, when hopefully those dates will disappear. Please continue to log on regularly to check for the fix. UPDATE 27/9/2021 Having… Read More Retesting Eligibility for Covid Assistance
What a lovely surprise for a Monday morning – another unannounced change to the Jobsaver rules! Those of you claiming JobSaver for your business will have received an email over the weekend requesting that you reconfirm your eligibility to receive the payments. But wait ………………… You are being asked to confirm that your turnover from… Read More Jobsaver – Reconfirming Eligibility
Bridgland & Co Blog 