With 30 June upon us, taxpayers are looking for opportunities to reduce their tax liabilities for the fiscal year, and according to Institute of Public Accountants senior tax advisor Tony Greco, small businesses should also not overlook the cash flow benefits of tax deferral opportunities.
Wrapping up the EOFY properly ensures businesses roll into the new financial year smoothly, and helps business owners put their best foot forward from the get go. With this in mind, RSM Bird Cameron has put together 12 tips for starting the 2011/12 financial year.
Suncorp Super & Investments has improved the experience of business customers in managing their super guarantee responsibilities, by introducing a new system called EASE.
According to the Tax Institute’s Robert Jeremenko, it’s in every business owners interests to stay up to speed on superannuation changes.
“Many people consider contributing greater amounts into superannuation before the end of the financial year to get the most out of their savings. If you do, it is crucial to make sure you don’t exceed the contributions caps under any circumstances.”
Median superannuation fund growth retreated 0.2 percent due to faltering share markets in May this year, but the news isn’t all bad with the return to date for the financial year reaching 10 percent.
99 percent of small business owners making use of the Government’s Superannuation Clearing House have reported being satisfied with the service, and said they’d recommend it to other small businesses.
Women taking a career break need to contribute $70 a week to superannuation to have enough, according to Lynette Argent, CEO of Million Dollar Woman.
The National Institute of Accountants (NIA) today announced the appointment of Joanne Parker as General Manager of NIA’s New South Wales divisional office.
Did you know that if you don’t manage your superannuation properly now, you could end up living below the poverty line later in life?
Australians receiving tax advice from their financial planner should be aware that they will continue to remain unprotected for a further three months with delays in the recently introduced Tax Agent Services Regime, warns the National Institute of Accountants (NIA).
