HQB’s Weekly SMSF News – Week 3: Trustees and Members of Superfunds
HQB’s Weekly SMSF News – Week 3: Trustees and Members of Superfunds I have Self-Managed Superannuation Fund (SMSF) – what do I need to know about trustees and members? Every Member of Superfund needs to be either trustee or director of trustee company. Every Trustee/Director has to sign a Trustee declaration. You can have up to 6 […]
HQB’s Weekly SMSF News – Week 2: Bank Accounts
HQB’s Weekly SMSF News – Week 2: Bank Accounts I have Self-Managed Superannuation Fund (SMSF) – what do I need to know about bank accounts? You must have a separate bank account for your superfund. This account cannot be allowed to go into Overdraft. All Superfund transactions must go through a Superfund Account. If you are drawing […]
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 […]