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Superannuation Changes

Superannuation Changes

For most employees, salary sacrificing super is the most cost effective way to reduce the tax they pay. However, from next year, Employers should note the changes to the way the Super Contribution Guarantee (SGC) is calculated. The SCG will be calculated to include...
Tax incentives for start ups

Tax incentives for start ups

“Investors, venture capital funds and innovative companies in all industries will benefit from the measures introduced by the recent Federal Budget aimed at luring wealthy investors with globally competitive tax incentives”   What are the tax...
Single Touch Payroll: Doing nothing is not an option!

Immediate deductions for small business

New laws have passed that allow small businesses to claim an immediate deduction for assets they start to use – or have installed ready for use – provided each item costs less than $20,000. This will temporarily replace the previous instant asset write-off threshold...