News
-
Sort by
- All
- Super
- Tax
- Accounting
- Business Advice
- Estate Planning
-
Budget 2018/2019 Highlights9 May 2018Budget 2018/2019 Highlights "The breadwinner budget"Read more -
Apprentices owed massive back pay windfall after court rules in their favourMarch 2018By Josh Robertson – ABC NEWS Apprentice tradespeople across Queensland could be in line for a windfall after a court ruled an industrial loophole left them underpaid for almost four years. The Federal Court in Brisbane ended a long-running wages dispute on Monday by finding more than 4,000 trainee electricians were short-changed under an expired state award that paid them less than $9 an hour. The ruling means thousands more apprentices, from trainee hairdressers to plumbers and butchers, can now mount lost wage claims because they should have been paid under federal awards.Read more -
ATO Get ready for Single Touch PayrollMarch 2018Single Touch Payroll (STP) is mandatory for 'substantial employers' (those with 20 or more employees) from 1 July 2018. To find out if you are a substantial employer, count the employees on your payroll on 1 April 2018. You do not need to send us your headcount information. However, you may want to keep a copy for your own records.Please contact us should you need adviceRead more -
Lower company tax rate changesMarch 20182016–17 income year For the 2016–17 income year, the lower company tax rate decreased to 27.5%. Companies are eligible for this rate if they are a small business that: o has a turnover less than $10 million, and o operates a business for all or part of the income year. See Draft Taxation Ruling 2017/D7 for what it means for a company to be 'carrying on a business'. The maximum franking credit that can be allocated to a frankable distribution has also been reduced to 27.5% for these companies – in line with the company tax rate.Please contact us should you need adviceRead more -
Simpler depreciation for small businessMarch 2018You can choose to use the simplified depreciation rules if you have a small business with an aggregated turnover (the total normal income of your business and that of any associated businesses) of less than: $10 million from 1 July 2016 onwards $2 million for previous income years.Please contact us should you need adviceRead more -
Simplified depreciation rules – instant asset write-offMarch 2018The $20,000 instant asset write-off threshold has been extended until 30 June 2018.If you would like more information please contact us.Read more -
No Uniform, No Deduction Warns ATO – By Staff Reporter at My BusinessJuly 2017The Tax Office has warned that worked-related expenses will be put firmly under the microscope this year, with clothing and laundry claims top of its hit list.If you would like more information about what you can claim on your tax contact us hereRead more -
Businesses Scramble Amid New Ransomware Attack – By Adam Zuchetti at My BusinessJune 2017Another devastating ransomware attack has caused havoc worldwide, with security experts again warning SMEs they are a primary target.For More Business Advice Please Contact Us HereRead more -
Malicious Ransomware Currently CirculatingJune 2017As you may have seen in the news, overnight there was a wide scale ransomware attack that has thus far affected thousands of machines worldwide.For More Business Advice Please Contact Us HereRead more -
Welcoming In The New Financial Year 2018 – IT Upgrades & Temporarily Reduced Services In Early JulyJune 2017As part of our ongoing improvements to serve you, we are needing to upgrade some of our IT systems. This means we will have system outages for a short period of time in the 1st week of July. But, fortunately we have scheduled these outages to cause minimal disruption.To find out more about our temporarily reduced services please contact us hereRead more -
Recent Circulating Cyber ThreatsMay 2017On May 12, 2017 there were multiple public reports of an ongoing large-scale cyberattack involving a variant of the ransomware named WannaCry (aka WCry). These attacks are targeting and have affected users from various countries across the globe.For More Business Advice Please Contact Us HereRead more -
Budget 2017May 2017If you would like to enquire about how the Budget will affect you contact us hereRead more -
Common Questions About Domain Names Answered – By Shaun McGowan at My BusinessMay 2017Domain names can be something of a grey area for many business owners. Everyone needs one, but how much do they cost? Should you buy the .com, .biz or .net extension? And what if the domain you want is already registered?If you would like business advice on your company contact us hereRead more -
Affected by Cyclone Debbie or Ex-Cyclone Debbie? – By ATO Small Business NewsroomApril 2017Support is available from the Australian Taxation Office while you recover. If your business has been affected by Cyclone Debbie or ex-Cyclone Debbie we understand that you have more things to worry about than your tax obligations.If you would like more information on your taxation circumstances contact us hereRead more -
Crowd Sourced Funding Equity Legislation Passed – By Peter Towers, Managing Director at EssbiztoolsApril 2017At long last the Australian parliament has passed the legislation that will enable companies to raise capital from the public. This is a great decision for small/medium enterprises, entrepreneurs and members of the public who wish to invest into a new type of company!If you would like business advice on your company contact us hereRead more -
4 Things Business Owners Should Ask Their BookkeeperMarch 2017Ensure your business maintains a healthy financial state by keeping up-to-date on the comings and goings. One bookkeeper shares her advice on the top four things you should be seeking to find out from your bookkeeper.To find out more about our bookkeeping services we have available contact us hereRead more -
Combat The Increase In Audit ActivityFebruary 2017The government has proposed a 55% increase in audit funding over the next four years. A target of $3.7 billion is anticipated for the gross revenue that will be raised as a result. So what does this mean for you? We suspect an increase in audit activity in relation to individual, business and SMSF lodged returns.Learn more about Audit Activity & Audit ShieldRead more -
3 Ways to Protect Your Business from Ransomware – By James Bergl at My BusinessJanuary 2017In recent months, ransomware has been increasingly garnering headlines here and across the globe. If you’ve been keeping your head down and believe that it won’t happen to you or your business – now is a good time to think again.Please contact us if you would like more information about Business AdviceRead more
-
Stay On The Tax Man’s Nice List This Christmas – By Mark Chapman at My BusinessDecember 2016Christmas is just round the corner and with it comes the Christmas party season. But if your business is forking out for a festive fling, is there also a tax hangover on the horizon?Read more
-
‘Bizarre’ Tax Claims for 2016 Revealed – By Joshua McDonnell at My BusinessNovember 2016For one, several teachers argued their Foxtel subscription was conducive to forming lesson plans. One history teacher argued the necessities of the History Channel for their professional use.Read more
-
Making Sense of the Super Reforms – By KnowledgeshopOctober 2016If you are waiting for the superannuation reforms announced in the Budget to pass Parliament before working out what they mean to you, you might miss out on any opportunities available.Read more -
How does the ATO treat Uber, Airbnb style services? What you need you knowSeptember 2016Uber is calling for drivers, Airbnb is seeking more hosts but what are the implications of becoming part of the sharing economy?Please contact us if you would like further informationRead more -
SME research report 2016/17September 2016Bstar, in association with SV Partners, are on track to release their 2016/17 SMEs Research Report in mid September 2016.If you would like a copy of the report please get in contact with us hereRead more -
New name, new look, stronger businessSeptember 2016We've recently partnered with our good friends AB Accountancy, CPD Accountants and CPD Superannuation.You can get in contact with us hereRead more -
Will your assets go where you want them to?September 2016No one likes thinking about either their will or the impact of their death even though death and taxes are said to be the two certain things in life.For more information please get in contact with usRead more -
Why your survival means evolving your business?August 2016It’s been some time since you started your business. Many business owners have mixed emotions as they experience the highs and lows of owning and running a small business.For more information please get in contact with usRead more -
Do you have an end game?August 2016You’ve grown your business gradually and now your minds turn to collecting your reward from your investment capital, know-how, and years of effort.For more information please get in contact with usRead more
Copyright 4Front © 2016
Liability limited by a scheme approved under Professional Standards Legislation.4Front Accountants Pty Ltd (ASIC No. 33911) ABN 46 166 598 876 is a Corporate Authorised
Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361.
Carmine Decorso (ASIC No.148577) is a Limited Authorised Representative of Merit Wealth Pty Ltd
ABN 89 125 557 002, Australian Financial Services Licence Number 409361.
www.meritwealth.com.au |
Privacy Statement
| FSG (Financial Services Guide)