by Garry Wolnarek | 8 Jun 2015 | General
Small Business – Last Minute Year Tax Planning In relation to deductions, the general rule is that you can claim a deduction for expenses your business incurs that is linked to making or trying to make money. This month we look at a number of tax planning...
by Garry Wolnarek | 23 May 2015 | Accounting / Bookkeeping, General, Small Business, Tax Planning
We have fielded a lot of inquiries from members since the budget in relation to the newly announced immediate asset write-off for assets costing less than $20,000 for small businesses. The temporary immediate asset write off measure is intended to apply from 7.30pm on...
by Garry Wolnarek | 9 May 2015 | General
With the advent and steady growth of the self-managed superannuation fund (SMSF) sector, superannuation professionals are steeped in discussion about financial services automation and where it will lead. Some believe automated advice will be the next huge innovation,...
by Garry Wolnarek | 4 May 2015 | General, Small Business
In a recent financial year, Ebay was asked to reveal the identities of about 15,000 sellers that sold more than $20,000 worth of goods online. The ATO has now reduced the threshold to $10,000. Each year the government’s revenue collection arm extends further...
by Garry Wolnarek | 13 Apr 2015 | General, Insights, Property Taxation
After pulling down an old house on an inner city block, 4 town houses were built, then sold to another developer during construction – one of the GST traps! John & Mary bought a rental property in the year 2000, however are now considering demolishing the...
by Garry Wolnarek | 21 Jan 2015 | General
Australia Day is to celebrate and remember the day when the first Commonwealth flag was flown over Botany Bay, on the NSW coast. Since then every January 26 is a National Day to celebrate the rich culture & heritage of migrants from around the world that have help...
