by Affinity | Aug 19, 2013 | Latest News
The ATO’s Commissioner, Chris Jordan, has warned investors about new and complex tax avoidance schemes being marketed as people get ready to lodge their 2013 tax returns, saying: “Tax avoidance schemes are no longer the blatant too-good-to-be-true offers...
by Affinity | Aug 9, 2013 | Latest News
Bankruptcy is one of those situations that most people don’t think too much about, unless it affects them directly. The consequences are quite serious, and even after the required time has passed and the bankruptcy ends, a permanent record of the situation remains on...
by Affinity | Jul 25, 2013 | Latest News
Media reports of high profile court cases involving well-known people who have declared bankruptcy have created some urban legends around what is actually a very complex issue. Everyone knows someone who knows someone else who moved their assets from here to there,...
by Affinity | Jul 22, 2013 | Business eNews
The superannuation guarantee rate has now been increased from 9% to 9.25% (and the rate will increase gradually over 7 years to 12% by 2019). Also, the upper age limit for paying super for an employee has been removed, meaning that there will no longer be a...
by Affinity | Jul 22, 2013 | Business eNews
Succession planning is often treated as one of those things that business owners will get to “one day”, when they need to start thinking about it, usually when they decide they want to retire or realise the proceeds of many years of hard work. For many owners...