Blogs & Resources
15 March 2015
What is the registration due date for the R & D Tax Incentive application?
According to the Australian Government, registration is a critical first step in accessing the R&D Tax Incentive.
Companies must register their R&D a…
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14 March 2015
SMSF - property purchases tips and traps.
Recently the Australian Taxation Office (ATO) has released some information on their website outlining tips and traps when using a Self Managed Superannuation F…
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3 March 2015
March 2015 - Taxation Update
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. Small Business Company Tax Cut.
2.&n…
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28 February 2015
Why is it important to document loans between related parties, i.e., an individual and trust and / or company?
Division 7A of the Income Tax Assessment Act 1936 was put in place by the Government to prevent Pty Ltd entities from making tax free distribution of profits to…
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15 February 2015
How is your income tax liability calculated?
This is outlined in Division 4 of the 1997 Income Tax Assessment Act.
There are 4 basic steps:
1. Calculate your taxable incom…
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8 February 2015
Interesting facts about Richmond 3121.
Operating an Accounting Practice in Richmond, I have always been interested in the suburb changes.
I recently came across this article about Richmond Vic 312…
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7 February 2015
Important non financial Key Performance Indicators (KPI) – What is your Conversion Rate?
This is a Key Performance Indicator (KPI) that focuses on the sales and marketing part of your business. Its main focus is to ask the business how success…
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2 February 2015
February 2015 - Taxation Update
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. ATO data matching programs.
2. …
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31 January 2015
How is Earnings before Interest Tax Depreciation and Amortisation (EBITDA) calculated?
Earnings before Interest Tax Depreciation and Amortisation (EBITA) is calculated by taking the Net Profit of a business and adding back the:
1. Interest;
…
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25 January 2015
The benefit of using the Non Concessional Contributions – Capital Gains Tax Cap?
The Capital Gains Tax (CGT) Cap amount for 2015 is $1,355,000.
Provided that you meet the conditions of the Small Business CGT Concession Regime you may …
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20 January 2015
How well is your business managing its Operating Expenses?
Your Operating Expense Ratio is a Key Performance Indicator (KPI) that should be applied and viewed on a regular basis to ensure that a business operating e…
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17 January 2015
Important things to consider when developing Key Performance Indicators (KPI) for your business?
KPI are used in business to measure the performance of the business against criteria that are considered important if not vital to the success of the business.W…
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15 January 2015
The importance of having performance measurements in your business.
In order to achieve your business goals you will require the appropriate tools to measure the performance.
A performance measurement system that is widely used…
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12 January 2015
How much money do I need to retire?
The obvious answer is what you need / want in retirement and how long you will live for, however, according to the Association of Superannuation Funds of Austra…
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11 January 2015
Have a better understanding of your business performance and financial position.
I once read that the 2 major complaints that clients have with their accountants are:
1. Lack of convenient car parking…
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10 January 2015
Why is a healthy Cash Conversion Cycle (CCC) important to a business?
Adequate cash flow is vital to the sustainability of a business. The Cash Conversion Cycle (CCC) measures the number of days that a business takes to…
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