by Affinity | Mar 1, 2016 | Business eNews
(Aggregated turnover of over $2 million.) Prepayments The prepayment rule for other small businesses applies to business taxpayers with a group turnover of $2 million or more. General Deductions Staff Bonuses – ensure a cheque has been written prior to 30th June 2016...
by Affinity | Mar 1, 2016 | Business eNews
(Aggregated turnover of less than $2 million – “aggregated turnover” is calculated on a group basis and must be “business income”.) The small business entity rules apply to a sole trader, partnership, company or trust which has a group turnover of less than $2 million...
by Affinity | Mar 1, 2016 | Business eNews
Opportunities are all around us. Some people see them, others don’t. Life is all about taking advantage of our opportunities when they’re presented. You’ve all heard of the concept “working ON your business”. A Global Business Camp is a great opportunity to “work ON...
by Affinity | Mar 1, 2016 | Business eNews
The small business instant asset write-off announced in last year’s Federal Budget has proved very popular with business owners. To assist owners to better understand this new measure, we’ve produced some frequently asked questions and accompanying answers....
by Affinity | Feb 1, 2016 | Business eNews
Parents and grandparents usually put money aside to help pay for education or other expenses that come up through the child’s early years, or to provide a kick-start to pay for university, travel or a deposit on a home. There is a selection of financial products...
by Affinity | Feb 1, 2016 | Business eNews
While taxes can be managed throughout our life, planning for one’s own death is more complex and difficult. The first issue is having a will. When asked if they have a will, more often than not people answer ‘no’, and even when the answer is yes, it is often followed...
