Government Innovation Announcement

Government Innovation Announcement

The Prime Minister released on Monday 7 December 2015 a new National Innovation and Science Agenda Report which includes a wide range of items which aim to provide a package of initiatives to drive innovation. Some of the initiatives include: tax incentives for...
Government Innovation Announcement

Federal Governments MYEFO Update

The Prime Minister and Treasurer released their first MYEFO update on Tuesday 15 December 2015. The mid-year economic & fiscal outlook (MYEFO) downgraded the 4-year deficit outlook by $26bn (to $108bn), delaying the projected timing of the first surplus 1 year to...
Government Innovation Announcement

Congratulations to Jason Cobb

Congratulations to Jason Cobb and his team for their recent win. Over the weekend (4-6/9/15), Geelong small business SPORTS COURTS VICTORIA was awarded the BEST COURT RESURFACING PROJECT FOR 2015 by the Sports Contractors Association of Australia. The project which...
Government Innovation Announcement

ATO focus on Rental Property Deductions

The ATO has announced an increased focus on rental property deductions for the 2015 year. Due to this increased focus from the ATO we would encourage clients to double-check the information that they are providing to us to prepare their income tax returns and ensure...
Government Innovation Announcement

Accountants Exemption

Accountants who have been dealing in superannuation matters in the past for their clients which will cease on 1 July 2016 if they do not hold a licence to do so. From 1 July 2016 an accountant must be licenced to provide superannuation advice or must be referred to a...