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14
Dec

Increasing Audit Activity – Are you protected?

The ATO and various other Government Agencies such as the Office of State Revenue and WorkCover continue to announce significant increases in their compliance activities for the coming year.

14
Dec

Is your business having cash flow problems?

Common challenges for small businesses often centre around cash flow problems, trying to secure new leads and paying off debts.  In fact, one of the most common reasons new businesses fail is due to inadequate cash flow or high cash use.

14
Dec

Fringe Benefits Tax and Christmas Parties

As the festive season approaches, many of you will have organised office parties or gifts for your employees to celebrate the year coming to an end.  However it isn’t all fun and joy, with the ATO requiring you to consider the Fringe Benefits Tax (FBT) implications of such events. 

25
Nov

ESV Young Professionals Launch: Laying the Foundations

On Tuesday the 17th of November, ESV Young Professionals held its inaugural Networking Night at the LinQ Bar.

16
Nov

Government sets its sights on superannuation loopholes

The super tax system has been in the spotlight recently with growing concerns over loopholes that provide generous tax breaks for the wealthy.  First the focus was on super tax concessions, and now the government has turned their attention to two other ‘loopholes’ – transition to retirement pensions and anti-detriment payments.

16
Nov

NSW Payroll Tax Rebate – The Jobs Action Plan

In 2011 the NSW Government introduced the Jobs Action Plan as an incentive for employers who create new jobs in NSW.  Under the scheme, the Government pays a rebate of the employer’s payroll tax up to $5,000 per employee.

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