​Process for making tax deductible contributions As many employees will not have been through this process before, it is important to note the process that must be undertaken. Firstly, you will need to make your super contributions before 30 June 2018 if you want to ensure they are counted towards the 2017/18 contribution cap. As a general guide, a super contribution is made when it is received by the super fund. For example, you are contributing electronically via BPAY, the

Creating an efficient workplace is desirable for both staff and business owners alike. Not only does it save money and time, it can also improve productivity and morale. Here are five ways to improve efficiency in your business: Examine what is and isn’t working Identifying your business’ strengths, weaknesses and opportunities goes a long way in improving efficiency. Look at your processes and procedures in your business model and analyse the need for improvement. Over compl

BANGKOK -- Thailand's military government wants to regulate the nascent cryptocurrency market, and slap investors dabbling in digital coins with taxes to prevent the expanding sector from being used for money laundering, tax evasion, and other criminal activities. The move was announced by Finance Minister Apisak Tantivorawong on Mar. 27 after a weekly cabinet meeting. Under new laws to regulate cryptocurrencies and digital tokens, investors will have to pay 7% value added ta

Its time to get organised and plan the final stretch for 2018. We always say have all your tax minimisation strategies in place by the end of May for June 30. Some tax minimisation strategies are not available in June, i.e CBA interest prepayments. Note the following key areas to consider as part of your June 30 tax planning Arsenal: Contact us if you have any questions ! Individuals (Employees/Sole Traders) Investment Property Selling an investment property or shares with a

Its time to get organised and plan the final stretch for 2018. We always say have all your tax minimisation strategies in place by the end of May for June 30. Small Business Entity For 2018 the tax office definition of a small business is one that has an aggregated turnover of less than $25m. Companies under this turnover attract a tax rate of 27.5%. Although this is the case there are still a number of exceptions in this area as to what can be claimed at various levels of tu