Considering purchasing an Investment Property?
April 28, 2015
3 potential benefits in owning an investment property. Consistent rental income Substantial tax benefits Capital growth The main focus of this article will be to provide further detail on point two, which is to explain the numerous tax benefits of owning an investment property. Tax benefits relate to the ability to claim various deductions. Examples…
Read MoreMarch 2015 Practice Update
March 30, 2015
March – 2015 Practice Update covers following points Small business company tax cut to go ahead Deductibility of a ‘working with children check’ Time limits for family assistance payments ATO update regarding the ‘Director Penalty Regime’ ‘Single Touch Payroll’ on the horizon Pension deeming rates to be lowered Click here for – March 2015 Practice Update
Read MoreWhat is ‘Management Accounting’?
March 30, 2015
On Friday 20th March 2015, Roger G Anthony was invited by Zimsen Partners Pty Ltd to provide a valuable insight into “Management Accounting”. Highly qualified, with an MBA and a Master of Financial Management and prior to his retirement from the Finance Industry, Roger had also held professional membership, such as FCPA, FCMA, FCCA, FCIM. …
Read MoreUnderstanding Australia-Chinese business trade relationships
March 3, 2015
Our new Accountants Jessie Xiao and Sharon Zhou gave a presentation to our staff on Understanding Australia-Chinese business trade relationships. The Australian Chinese Trade Relationship China is Australia’s largest trading partner. While the bulk of exports to China consist of iron ore and other resources such as coal and gold, exports now are expanding beyond…
Read MoreFebruary 2015 Practice Update
March 3, 2015
February – 2015 Practice Update covers following points ATO data matching programs Motor vehicles Share transactions ATO focus on super obligations – child care, pubs and cleaning Travel allowance – deductions are not a foregone conclusion ATO recovers super from phoenix operators Single Touch Payroll Construction industry annual payments report Click here for – February 2015 Practice Update
Read MoreI Can’t Accept Not Trying Michael Jordan on the Pursuit of Excellence.
January 29, 2015
In late January my colleague Trevor Anthony and I conducted a presentation for the Zimsen Partners staff on the book by Michael Jordan titled, I can’t accept not trying Michael Jordan on the pursuit of excellence. Known as perhaps the greatest basketball player ever and a true global sporting icon, Michael in his own words shares…
Read MoreStartup Smart and Business Victoria webinar
December 2, 2014
Assessing your first year of business – where to now? You have your business up and running but do you have a clear, achievable plan in place to ensure that you can take it to the next stage? Now in this free webinar our expert panel will delve further into these areas to give you…
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New Associate Office in China
November 27, 2014
We are very pleased and proud to announce that we have signed a second Memorandum of Understanding with a new firm in China. This engagement with GKL Advisory Guangzhou has been made possible through extraordinary negotiations, extensive exchanges between the directors of both parties and valuable consideration for their respective clients. United by a common…
Read MoreNovember – 2014 Practice Update
November 27, 2014
November – 2014 Practice Update covers following points Can you access your super fund for medical procedures? Compassionate grounds to withdraw superannuation – Breast implants and tummy tuck? – When can super monies be released on ‘compassionate grounds’ – How to protect your identity – ATO’s (anti) fraud video – ATO’s data matching program on specialised payment systems – Changes…
Read MoreNon-Commercial Losses
November 10, 2014
Non-commercial losses relate to whether an individual is able to offset their taxable income by the amount of the loss incurred in running their business or to determine if the loss has to be carried forward to offset future profits for the business. There are four main tests when it comes to determining whether you…
Read MoreOctober – 2014 Practice Update
November 10, 2014
October – 2014 Practice Update covers following points – – Mining tax repeal & other notable tax changes – ATO launches voice authentication – Project DO IT – the ATO’s amnesty for offshore tax avoiders – How ‘bitcoins’ are treated for tax purposes – Tax scammer warning – Why it’s sometimes worthwhile taking on the…
Read MoreSeptember – 2014 Practice Update
September 30, 2014
September – 2014 Practice Update covers following points – – New ATO initiatives for small businesses – ATO warns property developers to declare income – SMSFs and succession planning – Ignorance of the law is no excuse – SMSFs and trauma insurance – CPI – June 2014 quarter Click here for – September 2014 Practice Update
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