Small Business Entity and Capital Gains Tax Concessions To be a Small Business Entity (SBE), the entity will carry on a business in the current income year with an aggregated annual turnover of less than $2 million …
ReadTo pay or not to pay? That is the mortgage question. Home ownership is the Australian dream, but we also have a lot of other big dreams…overseas holidays, buying a boat or sending the kids to a great …
Read‘Rich Dad’ author Robert Kiyosaki warns investors to avoid real estate. Is he right? – Michael Yardney Robert Kiyosaki has been wandering around the country telling anyone who’ll listen to him that the Australian property bubble is about …
ReadThree Steps to Making a Profit in a Cooling Market “In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets” – Wikipedia The property market may be peaking …
ReadSplit your costs to maximise deductions – How split schedules can help you save With property prices steadily rising, co-ownership of property is becoming increasingly common. Co-owning property with a friend, family member or business partner has the …
ReadBecome Wealthier, Healthier and Happier in 2015 How to Set and achieve Your Goals for 2015 It’s that time of year again! Time to enjoy family and friends, time to revaluate the year gone and to refocus on …
ReadLAND TAX – 2014 / 2015 (Assessment Dates and Rates) Land Tax – may be Payable Now In two States of Australia, Land Tax is assessable as of the 1st January 2015! Other States, it is assessable …
Read“WIN A FREE BUSINESS BOOK” – GOLDEN RULES OF RUNNING A SUCCESSFUL BUSINESS Starting and building a business is difficult, there’s no rule book and too often when you’re forging your own path, to find the right guidance …
ReadYou have a Tax Audit, so what now? We are noticing that there has been a marked increase in Audit activity by the ATO over recent time. Everyone dreads the thought of an ATO Audit but it …
ReadBe Super aware Self Managed Super Funds, property and depreciation Over the past six years, the total number of Self Managed Super Funds (SMSFs) in Australia grew from 399,474 to 509,992 according to statistics from the Australian Taxation …
ReadUP TO 1.2% discount off Standard Rates, plus a $1,000 rebate from the Bank – C&N Finance in Every Office. Throughout the country, many C&N clients have asked us for assistance arranging their finance. So, listening to …
ReadWhat are the property hotspots for 2015? – Michael Yardney What are going to be the property “hotspots” in 2015? I was recently rung by a journalist from one of the major daily news sites asking me …
ReadOnce again we have seen some commentators pushing for the abolition of negative gearing. The claim is that the government has lost some $13 billion dollars of revenue by allowing tax breaks through negative gearing to the …
ReadThe Importance of Insurance If you are like most Australians, insurance is one of those things which can be put off for another day. But another day might be one too late – the story of Patty …
ReadBuy Now? We hear lots of media headlines about property bubbles, but believe it or not the next few weeks could well be a great buying opportunity for many. Some of our clients have stood to one-side …
ReadWe are frequently confronted by clients who, whilst good at their chosen trade or profession, have no idea how their business is performing. They bumble along, keeping a fretful eye on their bank balance but when it comes …
ReadA Stitch in Time All too often at Chan & Naylor we get calls or emails from clients and some non-clients even, who are late with getting important information back to their accountant, whether it is tax returns, …
Read5 Tips to Set You Up For Your Home Loan Spring has sprung which means that many Australians will be looking to buy property in the next few weeks, but what happens if you fall in love …
ReadRecently I received an email below. It looked extremely legitimate and official and because it came from the ATO it came with a certain level of authority and urgency. But this was a scam. How do we recognise …
ReadWhere’s My SMSF Super? The Australian Tax Office (ATO) is presently reaching out via email and SMS messages, to all SMSF members asking them to use their ATO Online Portal and to search for any held super. …
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