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Tips for Improving Cashflow

Even if you have not prepared your Cashflow budget you may get benefit from some of these suggestions which are by no means a complete list of actions you may take. Accelerate Your Cash Inflow from Customers Review your customers' credit history before the sale is made Consider whether you can reduce your trading terms ...

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Top Things To Do & Review Before 30 June

For you Private health insurance From 1 July 2012, the private health insurance rebate will be subject to an income test affecting singles earning above $84,000 and families above $168,000.  Also, the rate of Medicare levy surcharge will increase for these taxpayers who do not hold appropriate private health insurance policies fr...

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What Does R&D Tax Credit Offer You?

Australia has progressively fallen behind in the Global Innovation Index for the last few years.  Last year alone, Australia slipped three places from 18 to 21 (Switzerland, Sweden and Singapore were the top performing countries).  Boosting innovation is a question that has plagued the Government for some time and the restructur...

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What's Changing on 1 July 2012

Superannuation contribution caps Concessional contributions are employer based contributions (including contributions made under a salary sacrifice arrangement), and if you are self employed, personal contributions claimed as a tax deduction. Non-concessional contributions are contributions that are made with post tax dollars. ...

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What's The Difference Between Price & Value?

You are looking to buy a small business.  You see something you are interested in:  right industry, right location but is it the right price? In today’s market everyone is looking for a bargain.  The difficulty in assessing the price of a small business is that there may not be a lot of ready comparisons available in the ...

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