Blogs & Resources

22 September 2015

What expenses can I claim if I use a home office / work from home?

Working from home may allow you to deductions for part of your home expenses / payments. The deductions available will depend on whether the home can be rega…
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19 September 2015

Can I roll / move an asset from one SMSF to another SMSF of which I am a sole member of both without causing a Capital Gains event.

Many people believe that as the ‘beneficial ownership’ has not changed, i.e., the member is still the owner, that there is not CGT event.  …
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12 September 2015

Chartered Accountant wants to become a Lion Tamer - John Cleese and Michael Palin

Chartered Accountant wants to become a Lion Tamer - John Cleese and Michael Palin.       For the stereotypes of a Chartered Accounta…
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6 September 2015

What clients are looking to achieve in their business?

What clients are looking to achieve in their business? 1.    I often ask clients this question and the majority of them will answer: •…
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30 August 2015

What are some the key areas of consideration required when selling a business?

Selling a business can prove to be one of the most stressful and complicated time in a persons life.  It is therefore important that you have some time …
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23 August 2015

Tax Planning Guide – What are the main things to consider for tax planning?

Reducing / deferring your assessable income is a widely used and effective means of minimising your taxation liability. Some of the areas to consider include…
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16 August 2015

Taxation Planning - Reviewing your debtor’s ledger for bad debts.

Reviewing your accounts receivable / debtor’s ledger, i.e., people that owe you money and writing off any amounts that you won't be able to collect is…
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3 August 2015

Taxation Planning - Reviewing your stock take ledger

The value of your trading stock is used to calculate you assessable income / deductions. Where the value of closing stock exceeds the value of opening stoc…
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1 August 2015

August 2015 - Taxation Update

Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed: 1.  Data matching to be expanded on individ…
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24 July 2015

Taxation Planning - reviewing your fixed asset register

By reviewing your fixed asset register, you may be able to increase the amount of your depreciation / capital allowance deduction. Review your asset for …
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18 July 2015

Taxation Planning - Moving money into lower tax structures.

By having or moving income producing assets or capital gains producing assets into a comparably lower tax environment will reduce your taxation exposure. Usi…
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9 July 2015

Taxation Planning - Deferring capital gains events.

Managing the timing of a capital gain event can defer the tax payable on the event for a substantial period of time.  It may also reduce the amount you eve…
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2 July 2015

July 2015 - Taxation Update

Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed: 1.   Single touch payroll. 2.  …
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30 June 2015

Happy New Year and Best Wishes for 2016.

Happy New Year and Best Wishes for 2016. McNamara & Co - Chartered Accountants …
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27 June 2015

Taxation Planning - Selecting an appropriate tax vehicle

Using the right accounting / taxation structure can have a dramatic effect of the amount of tax you will pay and how protected your assets are. When it comes…
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26 June 2015

Taxation Planning – Diverting Income

Diverting income is another widely used and effective means of minimising your taxation liability. Using a Discretionary (Family) Trust can prove to be very …
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