In This Edition:
Not every retiree has heard of the government's Pension Loan Scheme, but it's about time more people did. And with Tax Time now upon us, we run over some tips for your tax return.
An integrity measure that businesses need to keep a close eye on, called Division 7A, is given the once over, as are the possible deductions available for insurance premiums, and we also provide a brush-up on partnerships in the form of a quick quiz.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.
Click here to view our July 2018 Newsletter...
With the end of the financial year approaching, one of the services we provide our clients is audit insurance.
This means that extra accounting costs are covered if you ever get audited by the Australian Tax Office.
It is important for this audit insurance to be paid and in place before June 30, so it becomes a tax deduction in the current financial year and covers the next financial year.
You will receive more information about it in the mail, but feel free to contact us on 9686 3130 if you have any questions.
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Should you require more information regarding any topic covered in our newsletter, please contact GJB on 02 9686 3130 for advice on #yourself, #yourbusiness or #yoursuper.
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Disclaimer: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.