Bitcoin Explained- What you need to know

Heard about this thing called bitcoin? Unless you've been living under a rock we're guessing: yes, you have. The first and most famous digital cryptocurrency has been racking up headlines late last year due to a breathtaking rise in value -- cracking the $1,000 threshold for the first time on Jan. 1 before ascending to nearly $19,000 in [...]

By | February 12th, 2018|Financial|0 Comments

2017 Federal Budget- Breaking it down

So another Federal Budget was handed down last night, and on the big scale of things, has left many things untouched. The good news? Business can continue as normal without having to get their head around yet more changes. So let’s review the changes: Company tax rate As promised last year, the government is committed [...]

How to get the most from your Accountant | Part 2

The best accountants add value to your business – here’s how to make sure your accountant is ticking all the boxes. Here is our promised final 5 of 10 tips for getting the most from your accountant while managing the cost of their service. These are important issues to address. Your accountant can make a [...]

By | December 13th, 2016|Financial, Personal Tax, Small Business, Wealth Management|0 Comments

$20,000 IMMEDIATE TAX DEDUCTION FOR SMALL BUSINESS ASSETS

Is Cash Flow a concern in your Business? One consideration is the instant tax deduction for assets costing less than $20,000 (i.e. up to $19,999 excluding GST), which allows Small Businesses to bring forward tax deductions that would otherwise be deductible over a number of years. Example: Ben runs a painting business with an aggregate [...]

By | March 19th, 2016|Federal Budget, Financial, Small Business, Taxes|0 Comments

Are you a high-income earner wondering how to manage the debt levy this financial year?

Jaynesh Gounder, Director The Abbott Government’s Temporary Budget Repair Levy on high-income earners may have been given the green light, but there are ways to plan around it. This debt levy will be introduced from July 1 to slug a 2 per cent tax on those of you in the top-income tax bracket earning over [...]