Jacky Chan has been newly appointed as one of the Directors of the firm alongside Terry & Dancy. Jacky started as a Graduate Accountant in the firm in 2013; he has excelled in the fields of business advisory and taxation ever since – being promoted to Senior Accountant, Manager and eventually an Associate. Besides holding a CPA, Jacky has recently obtained his RG146 SMSF Personal Advice Qualification and has also become a Registered Tax Agent. Alongside Jacky’s success, the firm has experienced rapid growth and is constantly recognizing individuals for their accomplishments and hard work; notably the following individuals who have been promoted to their new roles:
July – 2018 Practice Update covers following points:
- Personal Income Tax Cuts Passed!
- Early Release of Super on Compassionate Grounds: ATO
- ATO Putting Clothing Claims Through the Wringer
- Tax Time Tips for Small Business
On the 7th of June 2018, Zimsen Partners co-hosted a Tax, Budget and Small Business Discussions evening held at the Sandown Regency with guest speakers – The Honourable Michael Sukkar MP (Assistant Minister to the Treasurer) & Senator James Paterson (Chair of Finance & Public Administration). The Guest Speakers highlighted the main changes of the 2018 Federal Budget that will affect small businesses and the benefits it will bring once the budget is in effect. Hon Michael Sukkar MP stresses the changes will be beneficial to all taxpayers due to the implementation of the new tax rates. Furthermore, the introduction of new tax offsets such as the Low and Middle-Income Tax offset will increase cashflow for individuals & families due to tax savings. Senator James emphasises the increase in tax savings would in turn help boost...