Since the ATO’s loss in the court case called Multiflex Pty Ltd in late 2011, the Federal Government has tried to push through some tax legislation which will allow the ATO to keep GST refunds for a period of 90 days (and in some cases even longer than that) for “refund verification checks”. The Institute
Asset protection specialists help to people to protect their assets. Silver & Young is a professional accounting firm offering people complete accounting solutions to suit your needs whether you are an individual, a business owner or operate any other professional practices, we can assist you. We are renowned asset protection specialists in Campbelltown who help
Asset protection specialists help to people to protect their assets. Silver & Young is a professional accounting firm offering people complete accounting solutions to suit your needs whether you are an individual, a business owner or operate any other professional practices, we can assist you. We are renowned asset protection specialists in Campbelltown who help
Silver& Young, a professional accounting firm in Liverpool offers you complete accounting solutions to suit your needs. We are well-known asset protection specialists in Liverpool who help people to protect their assets. Our main focus is to help you achieve your goals and ease the burden of compliance to save you precious time to invest
Silver& Young, a professional accounting firm in Liverpool offers you complete accounting solutions to suit your needs. We are well-known asset protection specialists in Liverpool who help people to protect their assets. Our main focus is to help you achieve your goals and ease the burden of compliance to save you precious time to invest
A reminder that from 1 July 2012 the private health insurance rebate will be means tested as per the table below. One strategy to consider is to prepay your annual private health insurance premium before the 30 June 2012 to gain an additional year at the current rebate level. Private Health Insurance Rebate Means Test:
New rules planned for Hire Purchase Agreements Small businesses registered for GST can currently claim GST credits on the finance of assets for business purposes in the following situations: If you purchase the asset through a Chattel Mortgage, you can claim the whole of your GST credits at the time of the first payment, whether
Budget Changes Affect Small Businesses The recent budget handed down by the Government included several changes that will affect small businesses. Each change is outlined below. Changes to the Medical Expenses Tax Offset Currently, the medical expenses tax offset (NMETO) is available where net medical expenses exceed $2,060 for the 2011–12 income year. From 1
Trying to juggle too many things at once? Never seem to get any task finished? Multitasking might be the problem. Try timing yourself as you write the numbers 1-26 and letters a-z down, but write one number then one letter – 1 a 2 b 3 c… Once that is done, time yourself writing the
The Government announced a number of measures in the 2011-2012 budget that will impact SMEs and their employees. An outline of these is provided below. It is, however, important to note they have not yet been passed into law and are subject to change. Minimum pensions During the global financial crisis the government reduced the
With the 2011 end of financial year just about wrapped up, we would like to inform you about your super co-contribution and concessional contributions for which you may be eligible. Super Co-contribution You could be eligible to receive up to $1,000 from the government just by adding some extra money to your superannuation.You can also
With the 2011 end of financial year just about wrapped up, we would like to inform you about your super co-contribution and concessional contributions for which you may be eligible. Super Co-contribution You could be eligible to receive up to $1,000 from the government just by adding some extra money to your superannuation.You can also
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