Monthly Archives: October 2012

Amendments to tax laws by the Australian Taxation Office (ATO) aim to protect employees’ entitlements by making directors personally liable for any unpaid superannuation. Currently employees of failed companies may seek to recover their entitlements through the Government’s General Employee Entitlements and Redundancy Scheme (GEERS). However this does not include outstanding superannuation and is not

Making False Claims The carbon tax has been in place for a few months and businesses are beginning to more accurately estimate the effect it is having on their costs. Before blaming the carbon tax for a price increase however, business owners need to consider the Competition and Consumer Act 2010 (Cwlth). The Act states

As a small business owner you require an accountant who can manage all financial statements and reports. Silver & Young has the best small business accountants in Moorebank, Wetherill Park and in Liverpool. These professionals will provide supports as and when required, without the need for an annual subscription. We will ensure that consumer’s enterprise

If you are running a small business and wish to have excellent financial management, you should pay attention to hire professional small business accountants for they provide the highly needed services. Best part with such professionals is that they provide cost-effective solutions which can be compared to the expenses you incur when you hire a

2012 Changes To Small Business Depreciation Rules Since 1 July 2012 there has beeen significant changes to the small business depreciation rules. The amendments will apply to small business entities as defined in Section 328-110 of the Income Tax Assessment Act 1997 (Cwlth) that have an aggregated turnover of less than $2m for an income