Last Minute things to attend to minimise tax – or create refunds! June 6, 2014 Peter Cramer Businesses – pay super SG obligations before 30 June to get a tax deduction this year. Individuals – buy your equipment, computers, printers, devices before June 30 to get a tax deduction – 100% if less than $300 per item. Businesses – buy your equipment, plant, computers etc. before June 30 to get a tax […] Read More
If i’m making a profit, why can’t I pay my bills? June 5, 2014 Chris Foster This is a question that we come across regularly in our consulting with clients. The simple answer is that profit simply does not equate to cash! There are many outgoings that you incur day to day that are not considered to be an expense in working out your profit. Such things as asset purchases, repayments […] Read More
How important are dividends? May 29, 2014 Matt Richardson I read a great article recently titled “Dividends: The Good, The Bad and the Ugly” by Joe Magyer from the The Motley Fool group and it makes for interesting reading. Every investor in the world (especially Australia) loves receiving dividends, but Magyer’s article questions if paying dividends is always the best strategy for a listed […] Read More
What Makes a Great Investment Property? April 11, 2014 Matt Richardson There are many theories as to what makes a great property investment. Different investors and different property “experts” all have their theories as to what makes a great choice of investment property, some of which include: It must have a significant land component because land appreciates and buildings depreciate; It must have at least one car […] Read More
SMSF – Important Super Update! March 28, 2014 Peter Cramer Last Wednesday evening Kerry Schultz, Matt Richardson and I presented our latest SMSF seminar to a full house at GTP. As always, there is much to discuss in the world of SMSF’s! One important change is the new penalty provisions that are starting on 1/7/14 that relate to how Trustees of SMSF’s handle their paperwork […] Read More
Are You Thinking of Buying or Starting a Business? March 20, 2014 Kerry Schultz We understand that going into business is a very daunting task and making sure the registrations, insurances and software programs you require are up and running when you open the doors can be quite over whelming. And then going forward ensuring cash flow is adequate, deadlines are met and target profits are being made can […] Read More
Old is New Again…the Latest Cloud Based Accounting Software Solutions! March 17, 2014 Rohan Brown Last week Green Taylor Partners ran an information evening show casing the various cloud based software solutions. Regular readers of our blogs and newsletters will have seen past articles I have written in regards to cloud computing with MYOB and Xero in particular. Through the accreditation process of Xero I have become quite relaxed about […] Read More
How Will You Gain Happiness in Your Life? March 6, 2014 Chris Foster Recently I came across an interesting Blog post on the Harvard Business Review, HBR Blog network. Written by Dorie Clark, Strategy Consultant, it was headed “Why Can’t We Stop Working?” The article spoke about the writer meeting with a friend she hadn’t seen for a couple of years. What she saw of what once was […] Read More
Borrowing to Buy Property in a SMSF…The Real Truth! February 28, 2014 Matt Richardson I have written about this subject before in my blogs however it is still attracting plenty of media attention so I thought it was worth further comment. It relates to borrowing to buy property in a Self-Managed Superannuation Fund (SMSF) under a Limited Recourse Borrowing Arrangement (LRBA). Certain articles in the media are alluding to […] Read More
Can Your Business Culture Make a Difference? February 21, 2014 David Hadley You may recall how I expressed my disappointment in a blog with customer service in a store some twelve months ago. The perceived indifference we experienced at the cash register was one that we did not want to experience ever again. Well what a difference 12 months can make. With new owners of the business […] Read More
