Hiring the right employees is vital for the success of any business. Companies that prioritize finding the right fit for their organization often find themselves in a better position to achieve long-term growth and profitability. The hiring process is an investment in the future of your organization, and recruiting the right talent is an essential […]
Purchasing a Business in Newcastle
When purchasing a business in Newcastle, Australia, it is vital to gather all relevant information from the vendor to make an informed decision. Information Required from the Vendor (Seller) Here is a list of information you should request from the vendor: Latest 3 Years Financial Statements: These should include the profit and loss […]
ANAO report: Unscheduled taxation system outages
By Bottrell Group on March 16, 2018 in Australian Tax Office Updates, Interesting Articles, NTAA, Uncategorized
Port Stephens oysters ‘no food risk’ after Williamtown contamination
Port Stephens oysters ‘no food risk’ after Williamtown contamination: NSW Chief Scientist TESTING on Port Stephens oysters has indicated that they pose no food safety risk, according to the office of the NSW Chief Scientist. Fishing and oyster harvest bans have been in place around the Tilligerry Peninsula for nearly a month after toxic perfluoro-octane […]
We Keep Jobs in Australia
We Keep Jobs in Australia! Team Bottrell would like all small businesses to try & Keep Jobs in Australia. At Bottrell Business Consultants our professional Accounting & admin team is based using all Australian & local staff. Say NO to Foreign Outsourcing! Save Australian Jobs!! Bottrell Business Consultants is proud to support local jobs and the […]
The ATO, TFNs and Australia Post
The ATO, TFNs and Australia Post The ATO has announced that red tape affecting Tax File Number (TFN) applications has been removed thanks to a partnership between the the ATO and Australia Post. TFN applications are now simpler and easier, as they can now be applied for online at www. ato.gov.au/TFNapply and a printout of […]
Government announces further changes to FOFA
Government announces further changes to FOFA The government has stated that, although it supports the principles of the Future of Financial Advice (FOFA) reforms, the previous government “went too far, creating unnecessary complexity, imposing significant burdens on the industry and reducing the availability and increasing the cost of advice to consumers.” Consequently, it has announced […]
Newcastle- 6th Best City
Newcastle- 6th Best City Newcastle has been named the 6th best city to live in, just below Melbourne but ahead of Sydney. in Australia. Although it dropped two spots on a national liveability score and is getting a poor report card on cleanliness, urban design and and community harmony. The Property Council’s Hunter director Andrew Fletcher […]
Changes to the super guarantee rate
To help increase Australian workers’ savings for retirement, the compulsory super guarantee rate will gradually increase from 9% to 12%. When you make super payments on behalf of your employees based on the minimum 9.25% super guarantee rate, you will are required to increase this rate to 9.50% on 1 July 2014. The […]
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 […]
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 […]
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 […]
Increase in the Medicare Levy
Increase in the Medicare Levy By now, most of you will be aware of the government’s decision to increase the Medicare levy by 0.5% to fund Australia’s DisabilityCare program. From July 1, 2014, the Medicare levy will increase from 1.5% to 2% of taxable income. What many people may not realise however is that […]
