Everyone likes end-of-year Christmas parties, but there’s no reason to rack-up a tax bill while celebrating. In our latest Newsletter we list five tips to keep the fun tax-free. And while getting a valuation is sometimes necessary, you need to make sure there are no negative tax outcomes.
Like everyone, company directors have responsibilities. The potential problem for directors however is that they can be held personally liable. We run over the rules.
Also this month we look at the circumstances that allow a deduction for the fees paid for training courses, the reality of bracket creep and tips to reduce the impact, and the necessary steps you need to take when winding up your SMSF.
Lastly this month is a copy of the Lodgement rates and Thresholds 2015 table.
Please contact this office for clarification, or further advice, regarding any of the topics covered in this newsletter.
Our June Newsletter is now out. Some great guidance on how the ATO is going to handle the $6,500 instant asset write-off and $5,000 immediate deduction for Motor Vehicles whilst they wait and see whether the Government is going to be able to retrospectively remove the conditions. Plus a whole heap of tax planning tips and tricks!
The February 2014 edition of our Newsletter for Businesses is now out. As always if anything in the newsletter might be relevant and you would like more information then please do not hesitate to make contact with us!
The November edition of our Newsletter for Businesses is now out. As always if anything in the newsletter might be relevant and you would like more information then please do not hesitate to make contact with us!