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Budget to impact superannuation

The 2016-17 budget introduced a number of proposed changes to superannuation which are likely to affect many individuals. These include: A $500,000 lifetime non-concessional contributions cap which came into effect from Budget night taking into account…

Budget 2016: Business Tax Cuts & Incentives

The Budget introduces a series of tax cuts progressively applied to business.  Significantly, the threshold for accessing some of the small business entity concessions will increase dramatically from the current $2 million threshold to $10…

Budget 2016: Overview

The 2016-17 Federal Budget is a budget of targets – broad targets to boost business and innovation, and the narrow revenue targets of the wealthy and multi-nationals.  It’s a big, long-term crafted budget designed to…

Budget 2016: Indivduals & Families

The 2016/17 Federal Budget included several key announcements targeted towards individuals and families, including personal tax cuts for middle income owners, increases to the Medicare threshold for low-income earners and a new employment program for unemployed youth.…

Budget 2016: Infrastructure Projects

The Government has introduced a series of dramatic changes to the concessional tax status of superannuation.  The reforms will change many of the strategies advisers currently utilise to maximise benefits for clients. Lifetime cap on…

Budget 2016: Superannuation

The Government has introduced a series of dramatic changes to the concessional tax status of superannuation.  The reforms will change many of the strategies advisers currently utilise to maximise benefits for clients. Lifetime cap on…

RBA Cash Rate Lowered by 0.25%

RBA:  Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. This follows information showing inflationary pressures are lower than expected.…

Team Profile: Dale Everett

This month we caught up with Senior Accountant Dale Everett to learn about his professional background and discover his interest in vintage cars. Where are you originally from? I grew up in Geelong with Mum and Dad and two…

FBT: What you need to know

If your business is in the hospital/non-profit sector and uses salary packaging for team members, you’re a small business, or provide team members with a gym or space to do yoga, then there are a…

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