It Follows: Higher Education Debts
It might seem like a horror movie cliché, a monster that follows you wherever you go, but did you know that your higher education debts under the Higher Education Loan program (HELP), Trade Support Loan (TSL) or the Higher Education Contribution Scheme (HECS) debts follow you wherever you go in the world? Prior to 2017, […]
Super Guaranteed
Are you paying the right amount of super for your employees? It’s that time of the year again, where the Australian Bureau of Statistics (ABS) release the indexation factors that are critical in determining various superannuation thresholds. While the super guarantee is still frozen at 9.5%, the maximum contribution base will increase to $54,030 per quarter […]
‘Mess’ of 125 taxes suffocating business: Tax Institute
An “unnecessary array” of taxes and inefficiencies has been presented to the government, but the road to reform continues to be hindered by the political system, according to the Tax Institute. Facing a parliamentary standing committee, Professor Robert Deutsch, the Tax Institute’s senior tax counsel, welcomed the opportunity to showcase a number of issues in […]
HURLEY & CO – XERO HELP INVITE
DATE: TUESDAY 28 AUGUST 2018 TIME: 10am to 1pm WHERE: Level 4, 83 Mount Street, Sydney 2060 RSVP: admin@hurleyco.com.au or 9954 3843 Kate Hurley or Juilee Sathe ALL HURLEY & CO CLIENTS WELCOME Drop in anytime between 10am and 1pm. Bring with you your laptop or use one of ours. […]
TRANSFER BALANCE ACCOUNT REPORT (TBAR) REPORTING
What is it? Since 1 July 2017, the ATO has a limit on the amount that can be transferred into the pension phase in superannuation. This is called the Transfer Balance Cap and it is currently $1.6million across all retirement phase pensions in all funds over the individual’s lifetime. TBAR enables us to record and […]