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Why Accounting is about more than the numbers!

Why Accounting is about more than the numbers!

Success is defined by many people in so many different ways. Whether it is money, status, accomplishments, family or feelings. For me, success is defined by the people with whom I am surrounded by. The article I was so privileged to feature in, is a bit about me and my journey to where I am […]

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HELP/TSL Overseas Repayments

Filed in Articles, In the News, Individuals by on November 20, 2015 2 Comments
HELP/TSL Overseas Repayments

From 1 January 2016, if you have moved overseas and have a Higher Education Loan Programme (HELP) or Trade Support Loan (TSL) debt, you will have the same repayment obligations as those who live in Australia. This applies if you already live or intend to move overseas for a total of more than six months […]

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Trade Support Loans

Filed in Business, In the News, Individuals by on October 5, 2015 1 Comment
Trade Support Loans

The Australian Government thinks that if you’re old enough to have a job then you’re old enough to manage a loan. To help young people on apprenticeships to government has introduced Trade Support Loans. These loans are not intended to spent on any specific items – they can be spent by the individual’s discretion, providing […]

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The decision on the Great Southern class action proceedings

Filed in Articles, In the News by on June 25, 2015 0 Comments
The decision on the Great Southern class action proceedings

The $23 million settlement, flagged in July 2014, resolves a class action by 2000 investors led by Macpherson and Kelley Lawyers and targeting Bendigo and Adelaide Bank’s involvement in Great Southern’s schemes. The class action had sought to void more than $300 million of loans taken out with Bendigo and Javelin Asset Management to fund […]

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Quick View of the 2015 Federal Budget

Filed in Articles, In the News by on May 17, 2015 0 Comments
Quick View of the 2015 Federal Budget

Small businesses, jobs and families were front and centre in this year’s budget. Take a look at the key announcements and what the 2015 budget means for you. Click here for a great summary from the Illawarra Mercury Or if pictures are more your thing, check out this handy 2015 Budget infographic here. Some points […]

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Project DO IT: Now is the time

Filed in Articles, Business, In the News, Individuals by on September 25, 2014 0 Comments
Project DO IT: Now is the time

Project DO IT: Now is the time to disclose unpaid tax from offshore income Introduction Do you have undeclared offshore income, assets or offshore investments? Worried about what to do with it? If yes, please read on. The Australian Taxation Office has offered taxpayers until 19 December 2014 with an opportunity under Project DO IT […]

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Pension Bonus Scheme

Filed in Articles, In the News, Individuals by on January 17, 2014 0 Comments
Pension Bonus Scheme

From 1 March 2014 no new registrations will be taken for the Pension Bonus Scheme. This change will affect older Australians not registered in the Pension Bonus Scheme before 1 March 2014, who: • turned age pension age before 20 September 2009 • continued to work since turning pension age, and • deferred receiving the […]

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ATO extensive data matching programs

Filed in Articles, In the News by on October 9, 2013 0 Comments
ATO extensive data matching programs

Thought about not including that amount of interest you earned from your savings account in your tax return? Think again the ATO have extensive data matching programs. In the recent federal budget the ATO has received $78 million dollars to help it with its data matching programs. The budget papers state that the money will […]

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Great Southern Investment

Filed in Articles, In the News by on October 4, 2013 0 Comments
Great Southern Investment

Here is a recent article we found in The Australian Financial Review involving the Great Southern Investment.

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Luxury Car Tax

Filed in Business, In the News by on September 18, 2013 0 Comments
Luxury Car Tax

What is Luxury Car Tax? Luxury Car Tax (LCT) is a tax of 33% on the GST-inclusive value of luxury cars over the relevant LCT threshold. You pay LCT when you sell/import a luxury car. You pay LCT as well as any GST payable. The LCT thresholds for 2013 – 2014 financial year are: $75,375 for […]

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