Reduction for people on low incomes Your Medicare levy is reduced if your income is below a certain threshold and in some cases you may not have to pay the levy at all. The thresholds are higher for seniors. If your income is above the thresholds, you may still qualify for a reduction based on […]

Trust Audits Bottrell Business Consultants are looking to expand their client base for legal trust audits. Gavin, has successfully completed the Law Society of NSW external examiners course and is eligible to be appointed to your Law Practice as an external examiner. The team at Bottrell Business Consultant are willing to conduct the audit at […]

Foreign investments Australian residents for tax purposes are taxed on their worldwide income, so if you made a capital gain on an overseas asset, have interests in foreign companies or foreign trusts, or have a foreign life insurance policy, you need to tell us about your income from these investments on your tax return. If […]

Mobile Taxation Services Our Team at smsf audit newcastle  offers an onsite or mobile taxation service for small business clients & personal tax returns. If you would like assistance with your Personal Tax, Business Tax or  BAS’s  contact the team on 0249336888     Interested in joining our team? Why not apply today?  About Our […]

Making capital gains and capital losses Capital gains tax (CGT) is the tax you pay on your net capital gain. It isn’t a separate tax, just part of your income tax. If you make a capital loss when you dispose of an asset, you can use it to reduce any capital gain you made in […]

Merry Christmas & Happy New Year Our team from smsf audit newcastle would like to wish you & your family a  Merry Christmas & a Happy New Year. We will be on holidays from the 18th December 2013 to the 6th January 2014. For emergencies please call Gavin Bottrell on 0432785312 or email gavin@bottrellaccounting.com.au   […]

Are you interested in Xero? Our award winning team of accountants and business advisers are experts in Xero and its application to businesses of all shapes and sizes.   We are based in Maitland NSW with an office in Newcastle NSW and our team can travel to clients all over the east coast of Australia. […]

Bottrell Business Consultants are the New South Wales agribusiness experts We understand the associated issues with farming and can help, Annual financials and taxation reports Monthly management reports Risk minimising business structuring Doc’s for farm finance and loans for new equipment, property, business expansion etc Budgeting Cash flow management Primary production tax advice Our staff […]

Keeping your business current Within the recent years, technology has rapidly developed and changed into a tool that can dramatically change your business model. The implementation of new technology has opened new markets to business and has also re-iterated the fact that businesses need to stay current with technological updates as it may affect their […]

GST Registration If an online business turns out to be the great success story that you planned, your annual turnover might exceed the $75,000 threshold set for GST (Goods and Services Tax) registration. With an ABN, you can reclaim the GST on all business purchases and keep more money flowing through your business; this can […]

In the increasingly digitised world more and more businesses are turning to the internet to help increase sales. In doing this here are some strategies that business owners who are thinking about going online may wish to consider:   1. Promote your product It is also useful to create content that people want to share […]

RBA rate cuts Westpac Chief Econimist believes that the interest rate will stay firm in February how will this affect your business?   More depth for ATO compliance audits The ATO has announced that it will be performing more comprehensive audits as part of its compliance program for the 2013/14 Financial Year. They will specifically […]

Basel 3 Basel 3 comes into effect in 2015. This new round of international banking regulations has come into effect due to the global financial cris. The RBA says this may effect consumer as the burden may be passed on to them.     Interested in joining our team? Why not apply today?  About Our […]

Why is apple so successful? What do you think makes apple so successful? When you walk into an apple store you are not greeted by someone trying to sell you something. But someone with a smile. Steve Jobs philosophy was to enrich the lives of the people that use his products not run a company […]

The Australian dollar The Australian dollar is currently sitting around 90 US cents. Movements in the Australian Dollar can greatly affect your business if you are running either an import or export operation. If you need help planning for 2014 please contact the team today!   Interested in joining our team? Why not apply today?  […]