Running a business has many benefits. It provides the opportunity to build something valuable by giving you the freedom to make your own choices and decisions. Of course the other side of the coin is that business is risky. You also give up a lot of protections and...
Did you know that small businesses in NSW are not required to pay stamp duty on certain types of insurances? This can help cut business costs! These insurances can include: Commercial vehicle insurance Occupational indemnity insurance (or professional indemnity) Product and public liability insurance Are you eligible? If...
An extract from an article by Dr Shane Oliver - Head of Investment Strategy and Economics and Chief Economist, AMP Capital. One dollar invested in Australian cash in 1900 would today be worth $240 and if it had been invested in bonds it would be worth...
Did you know the Government recently introduced reforms to protect your superannuation savings from undue fees and premiums? What are the changes? - Superannuation funds with a balance of under $6,000 that are inactive for a period of six (6) months will be automatically consolidated; - Fees will be capped to 3%...
Budget 2019 - What's in it for me? The Budget has come down and contains a number of features that should interest both individual and business taxpayers. Why? Tax cuts! The biggest cuts will affect the 4.5 million taxpayers earning between $48,000 and $90,000 a year. Those taxpayers may...
Its' shaping up to be a very interesting year! Our thoughts for the year ahead – Tax + Wealth in 2019 There are a huge number of tax laws that may change this year as a result of the upcoming 2019 Federal Election. Individuals could be affected...
For many the New Year represents a desire to make change and improvement. However to ensure that good intentions lead to lasting change we need to put strategies in place to ensure that good intentions become good habits. Your personal financial habits needs to be part of...
A recent decision handed down by the Federal Court of Australia may have negative consequences for employers who have incorrectly classified employees as “casual”. The case involved an entitlement to annual leave under the Fair Work Act for an employee who had worked as a...
Forsythes Traineeship Accountant Position ...
Over the next five weeks, we will send you one email per week covering one of our five key tax planning strategies. These are: The Secrets to Tax Planning Last Chance for big super contributions Why use a “bucket” company? Why use a SMSF? Trust Distribution Resolutions before 30 June So, keep...
