Archive | Uncategorized

RSS feed for this section

Cloud computing

19 Oct

Cloud computing is not a new phenomenon. If you have an e-mail account such as Gmail or Hotmail, have ever bought something online, or have a Facebook account, you’ve used cloud computing. But cloud computing used by businesses is different. Cloud computing, at a broad level, is the provision of information technology resources as a […]

The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%.

03 Feb

The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%. This approach was predicted by many commentators as the Reserve Bank assesses the impact of the lower Australian dollar, falling fuel prices, a volatile share market and a slowing housing market. The lower Australian dollar and resultant increase in […]

Tips for a tax-free Christmas work party

27 Nov

Tips for a tax-free Christmas work party   1.          Christmas Parties & Gifts There are two things that business need to keep in mind with regards to tax and Chris tm as parties and gifts — these are the definition of minor benefits , and a $300 value. There is a fringe benefits tax (FBT) […]

Assets test change – is your house the answer?

30 Oct

On 1 January 2017, the assets test used to determine entitlement to income support benefits, including the age pension, will change. The questions are, will this impact you? And would or should you do anything? Presently, a single homeowner can have assets of $783,500 and a couple can have $1,163,000, before they lose their pension […]

ATO Small Business Superannuation Clearing House (SBSCH) is now open to all small businesses.

20 Oct

SMALL BUSINESS SUPERANNUATION CLEARING HOUSE (SBSCH) INFORMATION – A FREE SERVICE. The SBSCH is a free service managed by the ATO to allow employers to pay their superannuation contributions in one transactions and helps reduce compliance costs with the Superstream legislation. From 1 July 2015, any small business with a turnover of less than $ […]

Interest Rate remains unchanged

07 Oct

The Board of the Reserve Bank have decided to leave the official interest rate unchanged for the month of October 2015. The official cash rate remains at the historical low of 2%. The next meeting to review interest rates is scheduled for November 3 2015.