by Swot Accoountants | May 12, 2021 | Business News, Tax & Compliance
*Please note – Many of the announced measures will require changes to the law before they can be administered on behalf of the Australian Government. Personal Tax Rates – there are no changes to the personal income tax rates. The next stage of personal income tax cuts...
by Swot Accoountants | Apr 21, 2021 | Business News, Business Training
Are you thinking of buying or starting a new business? Do you want to avoid the hidden traps that can potentially cost you hundreds of thousands of dollars? Get a FREE 30-minute consultation before starting or buying a business to learn some of the proven tips and...
by Swot Accoountants | Mar 21, 2021 | Super, Tax & Compliance
Concessional super contributions are part of most employee’s salary package (Super Guarantee contributions). These contributions are made into the employee’s super fund before tax. The contributions are then taxed concessionally at the special low rate of 15%. Please...
by Swot Accoountants | Mar 7, 2021 | Business News, Fringe Benefit Tax (FBT), Tax & Compliance
Car Fringe Benefits Tax (FBT) is a tax on fringe benefits provided to employees, including company directors (even if no director fees are paid to that director). If a business owns a car and that car is available to an employee for their private use, that employee...
by Swot Accoountants | Feb 23, 2021 | Business News, Business Training, Companies & Trusts, Tax & Compliance
Buying an established business can have many advantages, especially a business that has a solid positive business history. However, established businesses can also have many disadvantages, like bad financial history or poor reputation. There are steps you can take and...
