Knowledge Centre

Are you risking your retirement savings? 8th May 2018

If you’re planning for your retirement, don’t risk your nest egg by getting involved in arrangements that are at odds with tax and superannuation laws!...

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ATO cracking down on your work-related expenses! 4th May 2018

This year, the ATO is cracking down on taxpayers claiming incorrect ‘other’ work-related expenses. It’s important to make sure you don’t claim more than you are entitled to!...

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Israel Innovation Trade Mission: Expression of Interest 30th April 2018

Kelly+Partners are promoting an innovation trade mission to Israel with a focus on five big tech disruptions every business owner must understand. ...

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Single Touch Payroll reporting: ATO urges employers to get ready 26th April 2018

The ATO is urging employers with 20 or more employees to start preparing now for the Single Touch Payroll (STP) reporting regimen, which will be mandatory from 1 July 2018....

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Finance Update: April 2018 26th April 2018

As you know, when it comes to paying insurance premiums, many insurance companies expect a lump sum payment, which may impact on a business's cash flow. Whether it’s for general business insurance, professional indemnity, Workers Compensation or many others, Kelly+Partners Finance may be able to assist in funding the Insurance Premiums....

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Claiming the cost of repairs on a rental property? What you can and can’t claim 20th April 2018

Need to do some repairs on your rental property? You may be able to deduct these repairs and maintenance costs.The first thing to remember is that the repairs and maintenance costs must relate directly to ‘wear and tear’ or other damage that occurred as a result of you renting out the property....

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Investing in Bitcoin? Know the tax implications 18th April 2018

A bit confused about Bitcoin? What is it and what does tax have to do with it? Here, we share a few key facts and the tax consequences that may arise if you are thinking about investing (or have already invested) in Bitcoin....

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What causes volatility? 18th April 2018

Volatility can generally be caused by two things. Changes in an asset or economic fundamentals and changes in investor perceptions. So, sometimes volatility occurs because new information or developments emerge which change the fundamental quality of an asset – positively or negatively. However, more often, volatility is a function of investor perceptions about what’s hot and what’s not. This doesn’t necessarily mean the fundamentals of the assets have changed. It just means investors are just voting their prices up or down....

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Franking credits and your SMSF 18th April 2018

You may have noticed significant media coverage recently regarding the Australian Labor Party’s proposed policy to stop SMSFs from receiving tax refunds for the franking credits they receive in conjunction with the dividends paid from Australian companies they own....

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The write-off threshold of $20,000 will cease on 30 June 2018 29th March 2018

If you buy an asset and it costs less than $20,000, you can immediately deduct the business portion in your tax return. The $20,000 threshold applied from 12 May 2015 and will reduce to $1,000 from 1 July 2018....

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