Newsletters
Just a reminder that every month we put a tax update newsletter on to the website for you, full of tax tips and traps. The budget update has been added today, so why not take a look. Click for newsletter page Lindsay
Just a reminder that every month we put a tax update newsletter on to the website for you, full of tax tips and traps. The budget update has been added today, so why not take a look. Click for newsletter page Lindsay
Hi Just a heads up that the renewals for our ATO audit insurance will be with you in the next day or so. The policy represents great value, covering the first $10,000 of our fees should you be audited (on any past return) in the next year. Those especially at risk of audit are anyone… Read More Tax office audits
You may have heard of superstream over the past year or so, but have probably been able to ignore it to this point. However, if you pay wages to anyone (even if only to yourself), you need to start using superstream to make super contributions from 1 July this year. It’s compulsory. Don’t panic, as… Read More Superstream – time to get ready
Hi Click here to access our tax newsletter for February 2015 . Full of useful info including things to consider when buying property in your superfund and some myths about whether you (or your workers) are contractors or employees. Lindsay
You may remember that I have mentioned the ATO is converting paper BAS to electronic BAS over the next few months. If you are one of the chosen ones (and we have not been told who these lucky people are), as part of this process the ATO may have chosen (a sometimes apparently random) email address… Read More Where is my BAS?
It probably does not come as a surprise to you to learn that insurance brokers selling life, TPD, income protection and trauma policies get paid a commission from the company issuing the policy. What can come as a shock is the size of the commission which nowadays is generally 115% of the first years premium. For example if… Read More What your insurance broker doesn’t want you to know
You never know what is going to happen tomorrow. You might be in great shape today, but you can’t take it for granted that everything will be that way forever. That is why you should apply for your insurances when you are as young as possible, before things go wrong. This seems to be in… Read More Insurance Made Simple & Affordable
Hi The checklists to help you prepare your 2014 tax paperwork are ready. You can access them by clicking on the links below. Personal 2014 tax return checklist Cathay Pacific Pilots (including commuters) additional checklist SMSF checklist Company checklist Any questions please give me a call Lindsay 0413 952 180
The ATO have released their audit hot spots for 2014, which interestingly has a different slant to normal. You can read the full detail of the compliance program on the ATO website, but it is rather long! However, as far as individuals are concerned, Instead of targeting particular occupations, this year the ATO will be targeting particular deductions.… Read More ATO Audit Hotspots for 2014
A few reminders for you all, which will hopefully make you a little more comfortable in retirement … If you are an employer (even if your only employee is yourself), then from the 1st July the SGC has increased to 9.5%. Make sure you therefore increase your employee super amounts in the next pay run,… Read More Super ! Contribution Limits Increased