by David Jepsen | Apr 30, 2015 | News
A SME is a Small or Medium Enterprise (business)! The CAPITAL GAINS TAX concessions on selling a business or business asset for an SME owner are compelling! They include: – The 50% general CGT Discount for owning an...
by David Jepsen | Apr 2, 2015 | News
Yes! You or your business can indeed enter into a payment arrangement with the ATO to pay after the due date and/or pay by instalments over a period of time. During this period you will be charged interest though if you stick to your payment plan you have a good...
by David Jepsen | Mar 18, 2015 | News
It is mid March 2015 and many businesses, trusts and individuals have not lodged their tax returns for the year ended 30 June 2014 – which is more than 8 months since the financial year ended! The good news is that this is legal and that the deadline is 15 May...
by David Jepsen | Feb 18, 2015 | News
Related party loans to SMSF’s have been a hot topic over the last few years with the ATO expressing differing and often confusing views. Recent ATO releases confirm that the ATO will consider non-arms length related party loans would be taxed at the top marginal...
by David Jepsen | Feb 12, 2015 | News
Our Eastern Edge Chapter of BNI has just started using the Double Bay Inter-Continental Hotel for its weekly meetings and we have been greatly impressed by our new venue. http://www.bni.com.au/index.asp Toni Zeltzer, the mayor of Woollahra Council attended this weeks...