So, your business has a turnover under $2 million and you want to know how to use the $20,000 immediate tax deduction that’s been all over the news? Before you start spending, there are a few things you need to know. Does your business make a profit? Deductions are only useful to offset against tax. […]
Archive | News
Budget 2015: who is in the firing line?
If you are a high income earner, earn income from overseas, or have a large asset base, then, if the rumours have any truth to them, you’re in the firing line in the 2015/2016 Federal Budget. The Australian economy is coming off its resources boom ‘sugar hit’ and as Reserve Bank Governor Glenn Stevens said […]
Should you give your employees shares in your company?
There is a lot being written about employee share schemes (ESS) right now. And rightly so. Reforms before Parliament will make these schemes more attractive with a common sense approach to how they are taxed and special incentives for start up companies to share the rewards of growth with the people who help create that […]
Eligibility for family assistance lump sum payments
If you want to claim Centrelink family payments for the 2014 financial year, you must lodge your claim and your tax return by 30 June 2015 to be eligible and receive your full entitlements. This deadline applies to clients who intend to lodge a lump sum claim for: • Family Tax Benefit • Child Care […]
Gearing in Property Investment
USING GEARING TO YOUR ADVANTAGE IN PROPERTY INVESTMENT For most people, the purchase of an investment property will involve some gearing. Gearing refers to the finance of the investment where part or all of the purchase is funded by borrowing money. As a strategy this can significantly increase the returns you can make from the […]
Creative Real Estate Marketing:
Looking for a Property Investment with a guaranteed return where all the work is done for you. Great property, great location, finance approved, tax savings for you, everything is looked after for you. You can even use a self managed super fund and you won’t need any of your own money. Sound too good to […]
Company Reporting Season:
For all of you with an interest in the sharemarket, you will know that Company reporting season coming up. Annual Reports and meetings always give us a good insight into the management of the companies we own shares in. CPA Australia have released a really good guide to help you understand Company reports. You can […]