2013-14 Concessional Contributions

2013-14 Concessional Contributions

A Time for Review The Concessional (before tax) contributions caps have been changed for the 2013/14 financial year, now is the time to review your salary package. There are two main types of contributions – concessional before tax and non-concessional after tax...
2013-14 Concessional Contributions

Personal Property Security Act

Is your property as protected as you think it is? On the 27th of June 2013 the New South Wales Supreme Court handed down the first significant decision concerning priorities between security interests under the Personal Property Securities Act 2009 (PPSA) The main...
2013-14 Concessional Contributions

Cloud Accounting

Cloud accounting, also referred to as “online accounting”, serves the same function as accounting software that you would install on your computer, except it runs on servers and you access it using your web browser, over the Internet. When using Cloud Accounting your...
2013-14 Concessional Contributions

Car Fringe Benefits – Proposed Changes

The Federal Government has announced the proposed abolition of the fringe benefits tax statutory formula method for cars acquired, or car provision arrangements materially altered from 16 July 2013. The abolition of the statutory formula method will have a significant...
2013-14 Concessional Contributions

SMSF Compliance in Focus

Are you getting the right professional advice for your Self Managed Super Fund (SMSF)? The ATO recently announced increasing their audit activity, checking 15,100 self managed super funds for correct regulatory obligations in 2013-14. Getting the correct professional...