The 2% ‘debt tax’ is ending on 30 June 2017! Basically you are better off earning more taxable income over the $180,000 level next year. All things equal: Tax on $350,000 of taxable income for the year ending 30 June 2017 is $3,400 more than 30 June 2018;...
Is this your last chance to take advantage of the $20,000 Small Business Asset Write Off? A couple of years ago the Government introduced this incentive to encourage small business to invest in assets and stimulate the economy; this tax break was finishing 30 June...
Running a business is much easier when you have good relationships with staff, customers and suppliers. In fact many would say business success is about the trust and level of service that comes with great relationships. Relationships with external...
On the 1st of April I raced in and was the race director for the 2017 Tingira Cup a paddling event managed by Shark Island Paddlers. Paddling craft includes surf skis, ocean skis, outriggers and SUP; this year the long course was 18km, shorter course was 10km and the...
No doubt you have heard the statistics about the risk of starting a business and how many end up in tears. Yes, that’s right. 60% of businesses fail within three years of opening the doors. Most do not even know they are failing as they fail to look at the...
You might not know, but the end of financial year is a great time to take out insurance. Particularly if you want to ensure you can still receive an income if you’re injured or fall ill. You see, Income Protection premiums are tax deductible. What is Income...
