Monthly Archives: September 2019

Superannuation contribution and pension advice

Bramelle Partners provides proactive superannuation contributions advice with the purpose to increase assets within superannuation whilst maximising tax deductible concessional contributions. The reduction in superannuation contribution caps over the years has made it more difficult to move assets into the concessionally taxed superannuation environment. Bramelle Partners will assist by ensuring your superannuation contributions are maximised to...
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GST on imports: are you optimising your cashflow?

Looking for opportunities to improve cashflow? If you import goods as part of your business, you don’t have to pay goods and services tax (GST) upfront if you’re registered for the ATO’s deferred GST scheme. Instead, you can defer and offset GST amounts in your next business activity statement (BAS). However, there are some eligibility...
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The ATO’s top four mistakes to avoid this tax time

It’s tax time, and as with every year the ATO is warning individuals to take care with their returns. But did you know that the ATO is using increasingly sophisticated data analytics to detect problem claims? It’s more important than ever to get it right. Here are the top four mistakes the ATO says you should...
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SMSFs: ATO to check on investment strategy compliance

Over 17,000 SMSFs that are heavily invested in one asset class will soon receive a “please explain” from the ATO to check whether they can justify their diversification risk. Diversification is just one of five key matters that all SMSF trustees must regularly review as part of their legally required investment strategy. Know the essential requirements...
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