A winter update on the Australian property market created specifically for Nexis clients.
What is key person reliance and what does it mean for your business? This month we look at how key person reliance can affect your future...
The Federal election in July provided some much needed certainty around taxation development. The ATO has issued some important updates:
Nexis Director Michael Talevich has written an article for the Canberra Business Chamber - Getting on the right track with your financial and strategic planning...
It’s been some time since you started your business. Many business owners have mixed emotions as they experience the highs and lows of owning and running a small business. Very few small business owners take the time to sit back and analyse the changes taking place in their business...
Can your profits go up when your sales are down? What about the other way – can you be worse off after a period of significant growth?
In uncertain times or slowing sales, you need to move quickly to protect your bottom line.
May has been an exciting month for tax changes with the main news coming out of the Federal Budget. Overall, the budget has introduced great measures for small business entities. Below are the main highlights that might be of interest to you;
Congratulations! You have recently become a small business owner or maybe have an opportunity to start a business. It’s now time for a reality check! Australian Government statistics provide a stark insight into business failures in Australia: somewhere between 50% and 75% of businesses fail within 3 to 5 years of their commencement.
SuperStream is a standardised electronic method of paying and reporting superannuation contributions
Canberra Business Point - Presentation by Director Michael Talevich - to be held Thursday 21 April 2016.
The new FBT year is upon us and will bring some changes to the way employers and employees will deal with FBT
ATO confirms that an employer cannot claim input tax credits where it pays an expense on behalf of a super fund
SMSFs have until 30 June 2016 to comply with strict new rules for collectables and personal use assets
ATO provides updated guidance on the process for claiming exempt current pension income
Tax and Superannuation Laws Amendment
The Tax Laws Amendment (Small Business Restructure Roll-Over)
Important Tax Changes regarding substantiation for phones and internet
One of the more important documents that a business should have is its business plan. This living breathing document should be not only a guide to the operation of your business but also a valuable document in your ability to obtaining funding. Whether this funding is from a bank, or an external or internal investor, your business plan can be the secret weapon to getting your finance needs across the line.
Owning an investment property can be far more affordable for potential investors than they think, particularly when they claim all of the tax deductions available to them.
The ATO has announced its areas of focus for the coming year. Specifically, the ATO will be targeting the following;
This month we wish to bring to your attention a number of changes in taxation laws and upcoming tax events and deadlines.