Now that the 2018/19 budget has been unveiled it is plainly obvious that there will be an election soon. We have taken a little bit of extra time to let the dust settle around some of the most relevant measures and this article we will explore their impact. It is important to note that just…
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Now is the time to review your tax position at the end of the income year and evaluate any year-end strategies that may be available to legitimately reduce your tax. Traditionally, year-end tax planning for small business entities (SBE’s) is based around two simple concepts – i.e. deferring income and accelerating business deductions. SBE taxpayers…
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Superannuation thresholds and caps Just a brief update on some recently confirmed Superannuation thresholds and caps relating to the 2018/19 income year. Non-Concessional Contributions cap will remain at $100,000*. Concessional Contributions cap will remain at $25,000*. Division 293 tax threshold will be $250,000. The maximum superannuation co-contribution entitlement for the 2018/19 income year will remain at…
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Ladies and Gentlemen… It has been a long time in the making however our redesigned website is now ready to be unveiled. Over the last 2 years our firm has changed dramatically due to the impact technology is having on our industry. Cloud (internet) based services have taken our profession by storm and are changing…
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