by Affinity | Mar 26, 2014 | Business eNews
Most people understand the importance of personal insurances to protect their families. In some cases, insuring through a superannuation fund can maximise the effectiveness of your policies. Holding personal insurance cover through a superannuation fund has a...
by Affinity | Mar 26, 2014 | Business eNews
Some SMSF statistics As at 30 September 2013, there were over 516,000 SMSFs holding around $531 billion in assets. Although SMSFs are nearing one million SMSF members (980,000), or 8% of the 11.6 million members of Australian super funds, they account for 31%...
by Affinity | Mar 25, 2014 | Business eNews
The biggest change the Personal Property Securities Act (PPSA) has introduced is that ‘title is no longer king’. If businesses fail to register their security interest, created under the PPSA legislation and if there’s an insolvency event of the business’ customer,...
by Affinity | Mar 25, 2014 | Business eNews
As your Accountants, we are happy to supply you with a range of services beyond the traditional annual accounts and income tax service. The additional services can include: In-depth review of your monthly financial accounts. Preparation of budgets on an annual...
by Affinity | Mar 25, 2014 | Business eNews
The ATO has announced that red tape affecting Tax File Number (TFN) applications has been removed thanks to a partnership between the ATO and Australia Post. TFN applications are now simpler and easier, as they can now be applied for online at...
by Affinity | Mar 25, 2014 | Business eNews
The ATO has identified that employers in the following industries have a higher risk of not meeting their super obligations: Hairdressing and beauty; Clothing retailing; and Management advice and consulting. The ATO is currently running an education campaign...