From July 1st 2014 the Australian government commenced a loan scheme to support those doing an apprenticeship known as Trade Support Loans. Under this scheme apprentices in eligible occupations can be granted a loan of regular instalments up to $20,000 to cover everyday expenses whilst completing an apprenticeship. There is no means testing or restrictions... Read More
With the end of the 2015 Financial Year approaching fast, the following link provides a checklist of items to consider prior to attending your appointment or forwarding your taxation information to our office. Income Tax Return Checklist Read More
Industry Skills Fund Available To All Industries Whilst the Industry Skills Fund identifies “priority industries”, this doesn’t mean that applicants who don’t fall within the “priority industries” are not able to apply. Other businesses are able to apply, however, they will need to clearly show in their application that they have significant growth potential and... Read More
There are various ratios that can be prepared to enable a business to compare itself to its performance in previous accounting periods and to also benchmark the business’ performance against other similar businesses. Some of the ratios include: Increase/Decrease in Sales Percentage – this is the percentage rate of increase of sales being compared to... Read More
It’s important that businesses have implemented risk management strategies, to protect the business’ assets. This could include: Awareness of the requirements of the Personal Property Securities Act and the need for various entries to be made on the Personal Property Securities Register, to protect the business’ assets. Succession planning is very important in every business,... Read More
Culture affects everything about the business. A leader has a significant impact on the culture within the business. Leadership is the way that leaders influence team members towards the achievement of an organisation’s goals. Leadership can neither be performed by one person nor in isolation. Leadership is about telling people: why they’re doing certain things;... Read More
With the end of the 2015 Financial Year approaching fast, the following link provides a list of items to consider pre 30 June 2015 for your personal income tax planning purposes. Please call our office if you would like to discuss any of these items further. Year End Tax Planning 2015 – Individuals Read More
A friendly reminder that if you have 20 or more employees, you have until 30 June 2015 to be using a certified SuperStream compliant service when you pay and report employee super contributions. SuperStream is part of the government’s Super Reform package with the aim of providing a consistent, reliable electronic method of transacting linked... Read More
With the end of the 2015 Financial Year approaching fast, the following link provides a list of items to consider pre 30 June 2015 for business tax planning purposes. Please call our office if you would like to discuss any of these items further. Pre June 2015 Business Tax Planning Read More
The following link provides a summary of the Tax and Financial support related measures announced in Tuesday nights budget, as prepared by our affiliated financial planning firm, Barns Financial Services. 2015 Budget Summary Read More
PPSAdvisory – Introductory ServicesOur team recently received an update on the Personal Property Security Act (PPSA) from our affiliated advisor, Simon Read of PPSAdvisory Simon reminded us of the importance of our clients properly registering their security interests,... Read More