Accountants Corner
29/07/10
Key Person Insurance
The objective of a key person insurance arrangement is to allow a business to continue operating despite the death or disability of a key individual who works, or is otherwise involved, in the business.
17/12/09
New guidelines for Private Ancillary Funds
From 1 October 2009, philanthropic trusts previously called Prescribed Private Funds (PPFs) became Private Ancillary Funds (PAFs).
09/11/09
Refunding super contributions - a minefield!
Refunding super contributions have always been a difficult area, but the tempo has stepped up in the last month since the ATO started sending out excess contributions notices.
14/08/09
Last chance to register for Pension Bonus Scheme
Under the Pension Bonus Scheme (PBS), a "Bonus" in the form of a one-off tax free lump sum payment, may be available to individuals who choose to defer claiming a Centrelink Age Pension or Veteran's Affairs Service Pension.
30/06/09
Reportable Superannuation Contributions
From 1 July 2009, it will be important to be aware of the concept of reportable superannuation contributions with regards to clients' superannuation, tax planning and Centrelink entitlements.
19/01/09
Expanded ‘Income’ definition for superannuation concessions from 1 July 2009
In the May 2008 Federal Budget, the Government indicated it would widen the definition of ‘income’ used when working out eligibility for various taxation and superannuation concessions and government benefits.
Contact Us
Level 1, 587 Canterbury Road
Surrey Hills Victoria 3127
PO Box 76 Surrey Hills 3127
Tel
Fax
Online