SMSF Times

SMSF Times

The important stuff first: The hair is short again. I am still not happy with the style so we shall continue the Bad Hair Life journey. I went to Surfer’s Paradise in December and learned from my 8 year old son Charlie how to get the courage to ride the roller...
Tax Planning is Business Planning

Tax Planning is Business Planning

Proactive accounting firms have offered Tax Planning as a service offering for decades, however the purpose and the importance of tax planning is now even more important than ever.   In 2024, the key advantages of tax planning would include: THE NUMBERS...
Seminar: Should you have a Self Managed Super Fund?

Seminar: Should you have a Self Managed Super Fund?

Join us on Wednesday 19th June for a free information evening about self managed super funds (SMSF) and how you can benefit. There are now over 610,000 SMSFs. Collectively, they hold $876 Billion in assets, and there are more than 1.1 million SMSF members. With the...
Warning to Directors without a Director ID

Warning to Directors without a Director ID

ASIC Commences its First Prosecution   ASIC has commenced its first prosecution action against a director for failing to comply with their obligation to have a director identification number (director ID). The director was formally charged with one count of...
Single Touch Payroll Penalties – Small Employers Beware

Single Touch Payroll Penalties – Small Employers Beware

Avoid a  potential penalty from the ATO   The ATO announced in February 2022 that they have begun the failure to lodge penalty process for the small employer population (19 or fewer employees). If you identify as a small employer and have yet to commence...
DRAFT LETTERS TO BANK & LANDLORD

DRAFT LETTERS TO BANK & LANDLORD

We understand that many of our clients may be struggling financially due to the ongoing impacts of COVID-19. As a result we thought it vital to share the following templates: Draft template letter to bank requesting loan relief, Draft template letter to landlord for...