by Affinity | Jun 2, 2014 | Latest News
Tax saving strategies prior to 1 July 2014 A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable income in the current year. The tax rates for resident...
by Affinity | May 30, 2014 | Business eNews, Latest News
With the end of the financial year fast approaching, we look at some common tips and strategies for businesses looking to reduce their taxable income and tax bill by 30 June 2014. Small businesses Tax planning strategies differ if your business is considered a small...
by Affinity | May 1, 2014 | Business eNews
Self Managed Superannuation Funds (SMSFs) play a major role in Australia’s super system. As an SMSF Trustee, there will be changes to your SMSF obligations that you need to prepare for. The changes aim to increase community confidence and improve the integrity,...
by Affinity | May 1, 2014 | Business eNews
The ATO has cautioned Trustees of Self Managed Superannuation Funds (SMSFs) about new penalty provisions that are coming into play on 1 July. Newly enacted legislation will apply to impose penalties on Trustees for contraventions occurring in their super fund...
by Affinity | Apr 30, 2014 | Business eNews
Over the years business owners have caught on to the amount of value that resides in the people that work in their business, and the amount of damage those people can do when they leave. Post-employment restraints were, at one time, usually seen only in...
