Recent changes affecting superannuation contributions & pensions Super contributions The Government has recently introduced significant changes affecting superannuation most of which apply from 1 July 2017.  This is to inform you of the key changes, as they may impact on your future contributions. From 1 July 2017, the following key changes may impact your super contributions…

From 1 July 2017, a Simpler BAS is available for reporting to the ATO  for small businesses with a GST turnover of less than $10 million. The ATO will have contacted you to let you know if you are eligible and  you will be automatically transitioned to this. If you are unsure please contact us. A simpler…

 Written by Bibek Nepal, Senior Manager Small business entity can access a range of small business concessions. Some of the most relevant concessions for financial year 2016-17: Instant asset write-off You can claim immediate deduction for the business portion of most of the assets costing less than $20,000 and were purchased on 12 May 2015…

 IMPORTANT THIS IS A MUST DO FOR THIS TAX YEAR FIND OUT ABOUT THE NEW SUPER CHANGES – if you missed out and want to know more please contact us (also see our May newsletter)     TAKE ADVANTAGE OF THE CURRENT CONCESSIONS BEFORE THEY DISAPPEAR ONE WAY TO DO THIS IS TO ATTEND OUR…