Contact Details

IGnite Accountants & Financial Services
Level 1, Suite 3

14 Sydney Road
Manly NSW 2095

Phone: (02) 8005 0380

TA 25191303

2050064

©2016 by IGnite Accountants & Financial Services. 

3338

May 28, 2019

From 1 July 2019, superannuation fund members with inactive accounts risk losing their insurance cover unless they actively opt-in to retain their cover.

Legislation to make this change effective received Royal Assent on 14 March 2019.

From 1 July 2019, trustees of a sup...

May 26, 2019

From the 1st of July 2019, employers with less than 20 employees are now required to comply with STP. This extends the requirement of employers with 20 or more employees being required to report from the 1st of July 2018. 

So what is STP ?

STP works by sending tax a...

April 1, 2019

Whilst the intention is great, there are potential problems with issuing shares to minors (ie  children under 18).

While the Corporations Act 2001 dictates that a company director must be at least 18 years of age, it does not have a similar requirement regarding the hol...

April 1, 2019

With the financial year coming to an end, there are several items that need your attention and strategies to consider that could be beneficial to you and your self-managed super fund.

These need to be addressed prior to 30 June.

Tax deductible contributions (concessional...

April 1, 2019

Its interesting how many people ask us "I am heading overseas to work, what do i do with my existing Income Protection, Life, or TPD insurances". We also get people who have left Australia to work overseas and  want to take up personal insurance".

Now we are not licence...

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