Blog

Almost $18 billion of super waiting to be claimed. Is it yours? 28th September 2017

The ATO today announced its latest figures on lost and unclaimed superannuation accounts....

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Kelly+Partners Launches Finance Broking Business 19th August 2017

In response to our Client's consistent request to help them better manage their finance requirements, we are pleased to announce the launch of Kelly+Partners Finance, a finance broking business that will offer a unique range of finance solutions, as an alternative to traditional banking and broker relationships....

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Super Reforms: The Transfer Balance Cap and Death Benefit Pensions 3rd July 2017

In February 2017, the ATO released Draft Law Companion Guideline LCG 2017/D3. This Draft Guideline deals with the treatment of superannuation death benefit income streams under the $1.6 million pension transfer balance cap from 1 July 2017....

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Know Your SMSF Annual Obligations 3rd July 2017

You have a number of obligations as an SMSF trustee, and harsh penalties may apply if you fail to meet them. Here's a checklist of important areas you'll need to take into account each year...

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How Can You Benefit from a Business Valuation? 3rd July 2017

Having your business assessed is more than just a box-ticking exercise. The information you glean from it can be vital to your future strategy. Here are some areas where a business valuation can provide clarity....

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TaxTime 2017: Let's Get Ready 3rd July 2017

There are many ways to defer income, maximise deductions and take advantage of other tax planning initiatives to manage your taxable income....

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GST Updates Affecting Private Clients and Private Business Owners 23rd May 2017

From 1 July 2018, purchasers of newly constructed residential properties or new subdivisions will be required to remit the GST directly to the ATO as part of the settlement. ...

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Australian Federal Budget Review - May 2017 9th May 2017

This year Australians get no dramatic changes to the tax laws but the Turnbull government has done a lot of tidying up. The most prolific changes are to personal taxes, but some important announcements that affect businesses and investors, especially foreign investors, were also made. ...

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Effective Fringe Benefits Tax Strategies 3rd May 2017

As a result of legislative changes that have occurred over the last four to five FBT years, the taxable value of fringe benefits has been increasing year upon year. This is particularly with respect to car fringe benefits calculated under the statutory formula method....

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CGT Small Business Retirement Exemption 21st April 2017

Small businesses can access a range of tax concessions, including payment and reporting options. These concessions can apply to small business sole traders, partnerships, companies or trusts.The four capital gains tax (CGT) concessions can be invaluable, allowing you to reduce or even remove CGT costs for some business transactions that result in capital gains....

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