HQB’s Weekly SMSF News – Week 1: I have SMSF – should I keep it?
HQB’s Weekly SMSF News – Week 1: I have SMSF – should I keep it? I have Self-Managed Superannuation Fund (SMSF) – should I keep it? A SMSF is a structure that works for you if you wish to manage your own Superannuation It allows you to purchase allowable assets, including property A SMSF doesn’t […]
Price Increases from 1 July 2022
As you may be aware, we are in a rapidly changing world. With inflation rife, businesses are needing to increase their prices to keep up and ours is no exception. We have been encouraging clients to constantly review their pricing at the moment because keeping prices moving to at least track inflation is the only […]
Signing documents with HQB has just gotten easier!
At HQB, we have always been committed to exploring and adapting to new technology and ways we can best protect our client’s information while making our processes as user-friendly as possible. In an age where digital signatures are widely accepted (and sometimes preferred), we have decided to introduce DocuSign into our practice to and add […]
Changes for Businesses from 1 July 2022 Onwards
Super Guarantee Changes If you are a business with employees, from 1 July 2022 two important super guarantee (SG) changes are happening and will apply to your business. The SG rate is increasing from 10% to 10.5% The SG rate has been 10% since 1 July 2021. From 1 July 2022, it increases to 10.5% […]
It’s Official – We’ve Gone Platinum!
HQB are now 1 of 2 locally owned firms in Coffs Harbour that are Xero Platinum Partners. Platinum Partner is the highest level in the Xero Partnership Program and being Platinum has some great benefits: It highlights our team’s knowledge and experience with assisting clients in Xero We have numerous Xero Certified Advisors within HQB […]
Website Security – New Domains Available
Earlier this year, the Australian Domain Administration released .au domain website addresses for purchase. For those of you that currently have a website (ending in either .com.au or .net.au or .org.au) we suggest registering the matching .au domain. For example, at HQB we use hqb.com.au, but have registered hqb.au, simply so that no one else […]
NSW Small Business Fees and Charges Rebate
The NSW Small Business Fees and Charges Rebate has increased once again to a total of $3,000 and now includes NSW Road Tolls and a 50 per cent rebate on the cost of Rapid Antigen Tests (RATs). The scheme ends on 30 June 2022 so this is a reminder to ensure you lodge all your […]
Charity GST Concessions
NFP/ACNC Registered Charities – How does GST apply? Not-for-profit (NFP) organisations and charities are entitled to a raft of available GST concessions. We hope that the below summary might help out those of you that are involved in community organisations and charities. Concessions available to all NFP organisations Gifts – if a gift is […]
Federal Budget 2022-23
The 2022-23 Federal Budget released last night was mostly as expected – a budget designed to avoid rocking the boat in an election year! We have summarised the key changes that may impact our clients below: Superannuation Income Stream – minimum drawdown requirements The government has extended the 50% reduction in the minimum drawdown requirements […]
NSW Flood Support Programs Currently Available
Once again, our community is suffering from the effects of yet another disaster. The government has stepped in to provide some much-needed support. To help you, we have summarised the support programs currently available for those affected by the floods in NSW. Northern NSW Floods, February 2022 – Australian Government Disaster Recovery Payment The Federal […]