March 30, 2016

ATO reviewing boats, cars, horses, art and planes

The ATO has released the 2016 thresholds for its lifestyle asset data matching program ** Boats (Marine Vessels) over $100,000 All major insurers data has been […]
February 17, 2016

Can you earn a tax free TRIS pension (before age 60)?

A frequently asked question we receive is “Can I earn a tax free TRIS pension before I turn sixty?” A recent ‘private binding ruling’ from the […]
December 10, 2015

Xero versus Saasu

Cloud accounting software Xero versus Saasu Has your accounting software (MYOB, quickbooks) kept up to date with cloud technology? There are many options…Xero, saasu, netsuite, myoblive, […]
December 10, 2015

New reporting system

New reporting system for building and construction 1 July 2012 shall re-introduce a system for reporting of payments to each contractor for building and construction services. […]
December 10, 2015

Superannuation benefits carve out

Superannuation benefits carve out begins 2012. Minister for Superannuation, Bill Shorten has confirmed that the budget on May 8 shall introduce significant changes to tax on […]
December 10, 2015

RBA meets today

RBA meets today, will it be .25% or .50% interest rate reduction? NAB and AMP economists both predict at least a .25% rate reduction at today’s […]
December 10, 2015

Directors beware the expansion

Directors beware the expansion of the directors penalty regime Recent legislative changes have provided the ATO with wider powers in relation to collections of unpaid PAYGW […]
December 10, 2015

Chattel mortgage vs Commercial hire purchase

Chattel mortgage vs commercial hire purchase, cash flow management, and tax update Are tax benefits of Chattel mortgage dead and gone? For those of you that […]
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