by fpgadmn | Aug 15, 2019 | Accounting and Tax, General News, Superannuation, Tax Planning & Asset Protection
We are very pleased to announce that two of our team members, Chloe Nicholson and Renee Veldstra, are both expecting their first child. Chloe is due in September 2019 and Renee in November 2019. Both girls will be back in early 2020 after maternity leave. Our other...
by fpgadmn | Aug 15, 2019 | Accounting and Tax, General News, Superannuation, Tax Planning & Asset Protection
Have your loan rates been reduced? With the recent Reserve Bank interest rate reduction, we note that some lenders have passed on this interest rate reduction and some have not.We note that one very experienced finance broker we deal with, Ian Baker (Network HQ), has...
by fpgadmn | Aug 15, 2019 | Accounting and Tax, General News, Superannuation, Tax Planning & Asset Protection
There has been a lot of talk and confusion in the media over the past weeks about the Governments additional tax refund for all taxpayers for the year ended 30 June 2019. Is it a refund? Is it an offset? Is it a bonus?The final legislation has now passed through...
by fpgadmn | Mar 11, 2019 | Accounting and Tax, General News, Superannuation, Tax Planning & Asset Protection
With an election just around the corner, political debate has turned to what tax policies the elected party will look to reform. References:Shadow and Assistant Shadow Treasurer’s joint media release, 13 May 2018A Fair go for AustraliaLeader of Opposition’s media...
by fpgadmn | Jul 18, 2018 | Accounting and Tax, General News
New legislation has been implemented to combat “phoenix developers” who construct new houses, claim GST credits on development costs, sell the new houses, and disappear before paying the GST on sale to the ATO. The GST Withholding measures require the purchaser to...
by fpgadmn | Jun 29, 2018 | Accounting and Tax, General News
A recent interview with Tax Commissioner Chris Jordan revealed the ATO will be targeting businesses that deal in cash. As a part of its cash and hidden economy operation, the ATO has compiled “data-maps” of cash-only businesses and those that do not frequently or...
