by Krystal Taylor | Jul 4, 2018 | Uncategorized
Quote of the month – July 2018 “Many of life’s failures are people who did not realize how close they were to success when they gave up.” Thomas A. Edison
by Krystal Taylor | Jul 4, 2018 | Uncategorized
$20k accelerated deductions for small business extended another year The ability for small business entities to claim an immediate deduction for assets costing less than $20,000 has been extended for another 12 months until 30 June 2019. From 1 July 2019, the...
by Krystal Taylor | Jul 4, 2018 | Uncategorized
$10k limit on cash payments to business One of the interesting approaches to tackling the black economy in the recent 2018-19 Federal Budget was the announcement of a $10,000 limit on cash payments to business. Unrecorded and untaxed transactions that occur in the...
by Krystal Taylor | Jul 4, 2018 | Uncategorized
When can you take your super? The cash sitting in your superannuation fund can be tempting, particularly if you are short of cash. But, the reality is there are very few ways you can take advantage of your superannuation once it has been contributed to the fund – even...
by Krystal Taylor | Jul 4, 2018 | Uncategorized
New minimum pay rates from 1 July 2018 New award wages and allowances come into effect from 1 July 2018. If you’re an employer, it’s important that you are aware of the new rates and apply them. The Fair Work Ombudsman’s online Pay Calculator can help you determine...