My Fearless Budget Predictions
It’s with great anticipation that we look forward to the coming Federal Budget. The excitement is building as the government throws out all manner of red herrings. But as we learned last year, what’s announced on budget night may never make legislation. So what are my fearless predictions…… The Superannuation rules will not be affected […]
Scammers at it again
It has come to our attention that the scammers are at it again! This time they are coming at us disguised as the Australian Securities & Investment Commission aka ASIC. Don’t be fooled, scammers are clever and can be very convincing. Refer to this link to help determine if your email is legit. Posted 20.4.17
Small Business Company Tax Rate
You may have heard that the changes to the small business company tax rate were recently passed by the Senate. As a result of the new rules, companies that operate a small business can expect the following changes: From 1 July 2016 the tax rate is 27.5% and will gradually reduce to 25% by 1 […]
Look Out Adelaide
HQB have sponsored the Woolgoolga Sikh Sports Club who are travelling to Adelaide next week to compete at the Sikh Games. We at HQB Chartered Accountants love to see sporting and community events from all backgrounds flourish. Good luck at the games next week boys. -Posted 10.4.17
Out with the old, in with the new!
Small businesses* can claim an immediate tax deduction for assets costing less than $20,000 that are installed and ready for use by 30 June 2017. Under normal rules, the asset would be depreciated each year with the tax deductions spread out over a number of income tax years. At this stage, the government has not […]