by Terry Edwards, Director With the end of the financial year fast approaching, it may be tempting to assume that there is no time left for business and tax planning. I disagree. In fact, early June is not too late to take simple action to maximise your financial position, but you need to act now. […]
by Debbie Reed, Director I would like to draw your attention to four proposals in the 2017 Budget which may affect your overall financial strategy. This article highlights a number of groups particularly impacted by Budget announcements including: Taxpayers earning more than $21,335; Retirees who are home owners; Investment property owners; Small business owners. In […]
by David Buchanan, Director In July 2016, legislation changed the way we as your accountant can advise on superannuation and SMSF. In the past, we could do this under the ‘accountants’ exemption’, but not any more. The new law imposed a range of restrictions on all accountants and to put it plainly, without study and […]
by Debbie Reed, Director Every year, business owners resolve to be better organised when it comes to the financial management of their business. Yet year after year we are surprised by the sudden arrival of June 30. This year, turn good intentions into action. Planning now can minimise your tax, grow your wealth and allow […]
by Terry Edwards, Director What would you do if you suddenly had to sell your business? It may seem unlikely, but the unexpected happens all the time. Indeed, I’ve seen it. You may suffer critical ill health, you or your business partner may die, or an unsolicited offer to sell may arrive without warning. And […]
by David Buchanan, Director Major changes to superannuation were legislated in late 2016. They come into effect on 1 July 2017. While the media hype around super may have subsided, the need for action hasn’t. If you have a superannuation fund balance of $1.6M, you wish to salary sacrifice to the maximum cap allowance, or […]
The Government announced on 15 September 2016, amendments to the 2016-17 Budget for the following superannuation measures: 1. The $500,000 lifetime non-concessional cap announced in the budget will be replaced by a new measure to instead reduce the existing non-concessional (after-tax) contributions cap of $180,000 per year down to $100,000 per year. The existing “bring […]
In its 30 year span DLA Partners has often worked on special projects to assist our accounting clients with other aspects of their business. This doesn’t detract from our accounting, but rather adds value for clients as we understand their business better than anybody else. With this in mind, in 2014 when Doug Scouller called […]