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Draft effective lives for depreciating assets

Draft effective lives for depreciating assets The ATO has developed and released for comment draft lists of effective lives for the following assets:  assets used in scientific medical and pharmaceutical research; assets used at waste remediation and materials recovery facilities; assets used in the professional photography services industry; and railway rolling stock manufacturing and repair […]

Staff Appraisals – 4 Hints for Success

Staff Appraisals – 4 Hints for Success KPIs, performance reviews and appraisals help employees know how they have been doing and what further development or training they need to do to improve. Reviews should be available to all staff. Use the  performance and development agreement plan to outline your employee’s expected performance standards and goals […]

What can a SMSF Invest in?

What can a SMSF Invest in? Investing through your SMSF is a tax-effective way to create wealth. Income from your SMSF (including capital gains) is taxed at concessional rates, so you should end up saving more money for your retirement. But before you start anything; before you decide whether or not investing in property through […]