Commencing a startup requires a lot of hard work and some luck along the way and if your one of those who have been successful to navigate your business through those lean years then your focus should be shifted to protecting what you have built. Bramelle Partners are specialist startup accountants who have assisted numerous startups...Read More
A guide for employers SuperStream has been introduced by the Government to help improve efficiency in paying superannuation contributions and allows the government to data-match superannuation contributions at the time of payment. SuperStream simplifies the payment of superannuation contribution by allowing employers to make one payment to the clearing house for all their employees’ superannuation entitlements...Read More
The 2015/16 budget announcement was small business friendly and in general well received. We have summarised a number of the key announcements below:Read More
SMALL BUSINESSES (TURNOVER LESS THAN $2 MILLION)
Effective immediatelySmall business will be able to obtain an immediate deduction for most depreciating assets costing less than $20,000. The $20,000 threshold applies to each individual asset...
A summary of the budget changes effective from 1 July 2014 is below: • The personal tax rates for the 2014/15 income year are
Taxable income 0 – $18,200 $18,201 – $37,000 $37,001 – $80,000 $80,001 – $180,000 **$180,001 and over
Tax on this income* Nil 19c for each $1 over $18,200 $3,572 plus 32.5c for each...Read More