You can download a summary checklist of what to bring in pdf format: Client Checklist - What Should I Bring Documents to bring to your accountant Clients often ask us what documents they should have in preparation for their tax appointment. One of the simplest ways to work out what…
By Jarrod Rogers CPA Updated 24 Aug 2011 to include Tabcorp and Westfield Each year, the ATO releases a list of Capital Gains Tax (CGT) events that affect shareholders of commonly held shares. You can find the list for 2010-11 on their website. Below are some of the common events…
Online Consultations - your accountant is as close as your computer In a busy world you need to find smarter ways of working to get your important jobs done. Many people are time poor and there are jobs that never seem to get to the top of their to-do list…
Need a lifeline? Do you have outstanding tax returns that you have been putting off for years? Or are you struggling to pay a tax debt? Have you received a fine from the ATO which you think is unfair? Not sure what to do next? We can help with ATO…
If you have come to Australia to work, or if you have investments in Australia, you need to understand the tax and financial issues that relate to you. Whether you are: working in Australia on a short term assignment with an overseas employer permanently migrating to Australia on a temporary…
Unless you don't have a TV or a radio you would know that the end of the financial year is nearly here. There are tax time sales and ads for health insurance everywhere. Most of these are sales gimmicks and nothing to do with your financial position. But there are…
Key budget changes 2011 By Jarrod Rogers CPA, May 2011 Superannuation Super contributions limits for over 50s The government has confirmed that a higher concessional contributions cap will apply to people over 50. Currently the concessional contributions cap is $25,000, but for people over 50 the limit is $50,000. This…
New regulations for SMSF investments In May 2011 the government announced proposed changes to the rules for self managed super funds investing in collectables and personal use assets. The new rules are a softer alternative to banning this type of investment altogether, as some stakeholders suggested. The assets mentioned in…
Key changes for SMSFs Reduction of 25% in the minimum pension payment amounts for 2011-12 The Government will phase out the pension drawdown relief that has been provided over the last three years. Minimum payment amounts for account-based, allocated and market linked (term allocated) pensions have been reduced by 50%…
<h3>Tax write off for purchase of motor vehicles</h3> The Government will allow small businesses to claim up to $5,000 as an immediate deduction for motor vehicles, with effect for vehicles acquired from the 2012-13 income year. This is an additional break on top of the new depreciation rules that are…