Post Type: Article
- Possible Superannuation Changes to PensionWith budget night fast approaching, there is more and more press regarding potential superannuation changes that be made to both Superannuation Contribution limits and also pension or assessing of your super via an income stream. With all of the uncertainty that currently exists, we suggest you contact your accountant if you are over the age…
- Take advantage of the accelerated depreciation and how it worksOne of the benefits for small business springing from the May 2015 budget handed down by the Federal Government is the proposed expansion of accelerated depreciation on assets from the previous $1000 threshold. The proposal allows small businesses (with an annual turnover of less than $2 million) the opportunity to immediately claim their tax deduction…