All Posts Classified As: Industry News

01/07/2015: 2015/16 Federal Budget Summary (Small Business, Self Funded Retirees and Tax Payers)

On Tuesday the Federal Treasurer delivered the 2015/16 Federal Budget. There are a number of announcements in this budget that will impact on small business owners, tax payers and families. As such we outline for you a brief summary of some of the relevant proposals that we believe you should be aware of. The budget […] Read More

16/01/2012: Record-keeping for businesses

With the introduction of benchmarking, record-keeping has become the name of the game when a taxpayer is audited so they can prove their figures are correct. The following is an excerpt from the ATO’s stance on record-keeping. The ATO would expect a small business to: Record each individual sales transaction through their cash register or point-of-sales system; […] Read More

08/12/2011: Insurance held in Superannuation

Now is the ideal time to review your personal insurances (life, total and permanent disability (TPD) insurance) to ensure that you achieve the best overall position including: Ability to have your premiums paid by your superannuation fund (self managed superannuation fund or other). Maximise the taxation deductibility of your insurance premiums Maximise and maintain your […] Read More

08/12/2011: Paid Parental Leave – Eligibility and Employer Obligations

Australia’s first national paid parental leave scheme funded by the federal government started on 1st January 2011.  The scheme legally confirms parents rights to paid maternity leave after a child’s birth. To find out more of the basics, please see the below summary. Paid Maternity Leave – Key Facts Paid at a national minimum wage […] Read More

Latest News

  • 2018/19 Federal Budget Summary (Superannuation and Retirement Update) - On Tuesday the Federal Treasurer delivered the 2018/19 Federal Budget. … Read More
  • 2015/16 Federal Budget Summary (Small Business, Self Funded Retirees and Tax Payers) - On Tuesday the Federal Treasurer delivered the 2015/16 … Read More