Recent News
Will your last Will be your final word?
Will your last will be your final word on who gets your property and possessions? The answer is “not necessarily”. The validity of a will can be affected by such things as a person’s mental state at the time they made the will . More commonly family and dependants...
Non Paying Tenant? An Old remedy for a complex problem
A recent landlord and tenant issue that our office dealt with raises a few important issues for landlords. The landlord rented an industrial shed to a company that conducted a paper and cardboard recycling business. After a few months of non payment of rent the...
Defamation – Think before you post
Think Before you Post In a reality where scrolling through social media is as second nature as a morning cup of coffee, some social media users have a tendency to use their social media platform as a running commentary o f their innermost thoughts. For the most part,...
The Age Pension and your assets
Thinking of retiring and getting the age pension? Because the age pension is “means tested” you be will be asked about any interests in companies or trusts. Under the social security law the assets of a private company or trust may be “attributed” to you if you are a...
Keeping your online information safe
How do you protect your important and identifying information? Do you keep it in your wallet, a folder, a safe? How about your online information? You can have great antivirus software and insurmountable firewalls, but that's not enough when it comes to safely...
Important Changes to Building Laws
Towards the end of 2017 the Queensland Government made some important changes to building laws in the wake a number of high profile builders “going belly up” and leaving their subcontractors unpaid. The Building Industry Fairness (Security of Payment) Bill 2017...
Your Handy Tax Checklist
To help you be prepared for your tax appointment, Read through our Handy Tax Checklist. For all your tax questions , Give our friendly Accounting team a call on (07) 5444 1022 Tax Checklist
The Sharing Economy
The sharing economy connects buyers (users) and sellers (providers) through a facilitator who usually operates an app or a website. There are many sharing economy websites and apps. If you provide goods or services through any of them you need to consider how...
Health Insurance yes or no?
The great debate continues as to whether to have private health insurance or not? and is it beneficial for tax purposes? The Medicare levy surcharge (MLS) is levied on Australian taxpayers who do not have an appropriate level of private hospital insurance and who earn...
Superannuation contributions on behalf of your spouse
Did you make contributions to a complying superannuation fund or a retirement savings account (RSA) on behalf of your spouse (married or de facto) who is earning a low income or not working? An RSA is a special account offered by banks, building societies, credit...
What’s new for small businesses
Tax concession rules for small businesses have changed. The changes are effective from 1 July 2016, and will apply from your 2017 tax return. Expanded access to small business concessions More businesses are now eligible for most small business tax concessions. From...
Small Business Company Tax
From the 2016–17 income year, the small business company tax rate has been reduced to 27.5%. This lower rate now applies to small businesses with a turnover (that is, aggregated turnover) less than $10 million that are: companies corporate unit trusts public trading...
Disclaimer: The information contained in this newsletter is provided for informational purposes only and should not be construed as legal advice on any subject matter. Readers should not act or refrain from acting on the basis of any content included in this newsletter without seeking appropriate legal or other professional advice. The content of this newsletter contains general information and may not reflect current legal developments, verdicts, or settlements. We expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this newsletter.