Why the death of your business partners can have dire consequences Imagine this scenario…. Michael, James, and Nadine are shareholders in a successful business, MJN Solutions. The shares in the company are fairly evenly split…
For business, July is the month you need to make sure you have properly closed off the last year and can start the New Year the right way. Here is the essential checklist to prevent…
As we enter the new financial year it is important to take note of several important superannuation changes and updates. Superannuation Guarantee Rate From 1 July 2014 the rate of superannuation guarantee required to be…
Reducing the size of Government In addition to freezing wages, the Government has put in place a wide reaching program to reduce the size of Government over the next four years. Merging by 1 July…
Universities able to set their own fees The cost of tertiary education will go up with Universities and other educational providers able to provide their own fee structure (or ‘contribution’ structure as they call it)…
Anyone accessing Government support and assistance is likely to feel the impact of the Budget’s tightening of access and eligibility. In addition, eligibility thresholds themselves will be frozen saving the Government $1.5bn over 4 years…
$7 fee for going to the doctor A patient contribution of $7 will apply for visiting a doctor. Concession card holders and children under 16 will not pay the fee until they reach 10 visits…
Super Guarantee rate increase rephasing Some clarity at last on what is happening with the superannuation guarantee (SG) rate. The previous Government introduced changes to the superannuation guarantee rate to bring it up to 12%…
The good news for business is that the decrease in the company tax rate from 1 July 2015 is safe for now. The bad news is that there are a series of other costs to…
For high income earners, the Budget announcements will mean that you are ‘contributing’, as the Treasurer says, more than ever. Don’t forget that for most taxpayers, your effective tax rate will increase from 1 July…
