Low income tax offset for minors – ATO Error The ATO has advised that it will send letters to a small number of taxpayers affected by a system error which under-calculated the low income tax offset amount for minors for the 2011-12 and 2012-13 income years. It said it has since resolved the system error. […]
Offshore Banking Unit regime changes to take effect
Offshore Banking Unit regime changes to take effect As part of the 2013 Federal Budget, the previous Government had announced that it would amend the OBU regime “to better target genuine mobile financial sector activities and address integrity issues with the current regime”. The OBU regime provides a concessional 10 per cent tax rate to […]
Government alternatives to ACNC
Government alternatives to ACNC Minister for Social Services Kevin Andrews reminded us of the Governments intention to abolish the Australian Charities and Not-for-profit Commission (ACNC). The Minister said the Government was looking to establish a voluntary model concerning charities – the National Centre for Excellence. He said its ambit will include charities, clubs and associations […]
Tax scam: non-residents with rental properties
Tax scam: non-residents with rental properties NSW Fair Trading Minister, Stuart Ayres, has warned people to be wary of tax scams and they should be reported to the ATO. Mr Ayres said NSW Fair Trading had recently received a report of a scam letter featuring fake ATO branding (as well as branding from other revenue […]
January 2014 foreign exchange rates
January 2014 foreign exchange rates The ATO has released the average foreign currency exchange rates for January 2014. Rates for selected countries include: · Europe – 0.6818; · Hong Kong – 7.0998; · Japan – 95.9324; · NZ – 1.1030; · UK – 0.5604; · USA – 0.9200. Interested in joining our team? Why not […]
Bad day at work?
By Bottrell Group on March 19, 2014 in Hints & Tips, Interesting Articles, Motivation, Uncategorized
Bad day at work? You think you are having a bad day at work, yesterday there was a firefighter detained by a policeman for not moving his fire truck. For more information click on the link below – http://www.news.com.au/world/californian-highway-patrolman-cuffs-jacob-gregoire-during-an-emergency/story-fndir2ev-1226820141292 Interested in joining our team? Why not apply today? About Our Traineeships:- Join the Market […]
Sam Zell – The wealthy
Sam Zell – The wealthy Do you believe the top 1% deserve to have the wealth that they hold? Sam Zell has stated that “the top 1% deserve to be rich because they work harder” Sam Zell I believe is in a position to make such statements he comes from humble origins. His parents escaped […]
Job Recruitment
By Bottrell Group on March 19, 2014 in Interesting Articles, Motivation, The Bottrell Office, Uncategorized
Price rises in the coffee industry
Marketing is the key to success
Marketing is the key to success Marketing is the key to success to the for you small business success. The biggest two things you will need Website Social Media Presence Bottrell Business Consultants can help you with these issues. Interested in joining our team? Why not apply today? About Our Traineeships:- Join the Market Leader […]
Government policy changes
Government policy changes Some of the measures the new Government will not proceed with are: • Self Education Expenses Cap • The Government will not proceed with putting a $2,000 cap on the amount people can deduct as self education expenses. • Labor’s $1.8 billion Fringe Benefits Tax hit on the car industry. • The […]
Five ways to switch off
Five ways to switch off • Can’t get work out of your head? Here are five ways to get your mind off your working life. • – Find an outlet that doesn’t involve phones or computers • – Fight fire with fire • Check out online time management tools and apps such as BRB. • […]
Six biggest pitfalls in business banking offer letters
Six biggest pitfalls in business banking offer letters The most common and expensive pitfalls borrowers fall into when signing bank offer letters are misunderstandings. The most common are discussed below: 1. Security especially personal guarantees Despite requirements to obtain legal advice before signing a guarantee, this area remains a source of great angst […]
Six signs your business is going to die
Six signs your business is going to die Here are six symptoms that may be indicating your business is in decline: No new customers The earliest sign a business is failing is when there have been no new customers for 6 to 12 months. Haphazard accounting Do you know how much money is […]
Legal Trust Account Audits
Legal Trust Account Audits in NSW Our Solictor Trust Audit Services in Maitland & Newcastle. Bottrell Accountants & Audits are specialists in the Legal Industry (Solicitors & Conveyancers) The team at Bottrell Accountants & Auditors – Trust Account Auditors for NSW. Important – The Bottrell Business Consultants team are registered & Licenced as EXTERNAL EXAMINERS […]
