“The 8th wonder of the world”

I have been asked many times – “How much money do I need to retire on?” My answer is always the same – “it depends on what your living style will be when you retire”.  If you are going to take an overseas holiday every year and lavish those around you with gifts – then […] Read More

What lessons can you learn from the rich?

In the Financial Review 2017 Rich List there was an article relating to lessons from some of those people behind a number of our local house hold name businesses including Gerry Ryan of Jayco caravans, Frank Costa of Costa Fruit and Vegetable and Geoff Harris of Flight Centre to name a few. One of the […] Read More

Tax Planning

May and June is the time for tax planning as 30 June looms down on us. Accountants love 30 June and celebrate like New Years Eve. But the lead up to the end of June is very important for all businesses. Many of our clients have now completed reviews of their figures and have now […] Read More

Superannuation changes from 1 July 2017

Is the world about to end?? With two weeks to go until 30 June 2017 I thought it was the right time to offer a reminder of what is happening to superannuation from 1 July 2017.  It is also the right time to remind you of what actions you might need to take to ensure you are well prepared for […] Read More

Buying or Selling a Property in Australia?

The foreign resident capital gains withholding tax rules have been in effect since 1st July 2016. As from this date, Australian residents selling real estate with a market value of more than $2m or more need to apply for a clearance certificate from the Australian Taxation Office (ATO) to ensure the purchaser does not withhold […] Read More

A few “To Do” actions before 30 June 2017

5 weeks to go! Here are a few helpful tips for businesses and individuals to complete prior to the End of Financial Year (EOFY). For Businesses Update tax planning so you are aware of your tax position – so in turn you can take action to minimise tax if required. See your GTP accountant. Great […] Read More

$20,000 Asset Write Off extended to 30th June 2018

The threshold for the special immediate write off for tax purposes for assets costing less than $20,000 net of GST was to be reduced to just $1,000 from 1st July 2017. In the last couple of years, this has been available for all businesses with a turnover of less than $2m. However, this turnover threshold […] Read More

You never stop learning

Recently a few of the Directors of Green Taylor Partners went to a Practice Management conference which focused heavily on leadership, personal development and also how technology was impacting the accounting industry. I will admit whilst driving to the Airport my motivation levels were low due to the amount of work I had left behind […] Read More

Bad feedback on Social Media

No one likes to receive negative feedback, especially when it is aired publicly which is the real world of internet and social media. Industries such as hospitality and accommodation have particular websites to leave feedback which commonly involve customers taking photos and posting them via sites such as Trip Advisor and Urban Spoon. But no […] Read More

David Autor : Why are there still so many jobs?

Listened to an interesting TED Talk recently which has been topical and thought worthwhile to share. David Autor’s talk entitled “Will automation take away all our jobs?”, discusses the paradox of machines and computers being created to do human jobs. However it is surprising the proportion of adults in the workforce in the US has […] Read More