To support the use of SuperStream standards for SMSF, the ATO will now collect and store SMSF superannuation bank account details and SMSF alias (electronic service address) details. The SMSF annual return has been modified to include two new data…
Applies to small business (turnover under $2m) assets acquired and installed ready for use between 7:30pm (AEST) 12 May 2015 and 30 June 2017. Assets valued less than $20,000 can be immediately written off (low cost assets worksheet). The pooled…
As part of the government’s election policy, financial assistance will be provided to specific apprentices on a special needs list by providing interest-free loans referred to as Trade Support Loan (TSL). TSL will be a new income contingent loan and…
The government announced in the 2014-15 budget that it would impose a temporary budget repair levy of 2% on that part of the taxable income of an individual that exceeds $180,000. The levy commences 1 July 2014 and will be…
End of the financial year has arrived all of your tax obligations can be serviced with Balci & Associates. Contact Us now to organise a time for completing your tax commitments with your Small Business Tax Accountants.