Bottrell Accountants, Financial Planners & Tax Agents

GIC and SIC rates

GIC and SIC rates The ATO has published the 2015 September quarter rates for the General Interest Charge (GIC) and the Shortfall Interest Charge (SIC): GIC annual rate 9.15% GIC daily rate 0.02506849% SIC annual rate 5.15% SIC daily rate 0.01410959% Interested in joining our team? Why not apply today?  About Our  Traineeships:- Join the […]

Superannuation Taxation Arrangements

Superannuation Taxation Arrangements  Superannuation taxation arrangements should be reformed to place policy settings on a more sustainable footing over the long term. Superannuation taxation arrangements should be targeted to achieve the objectives of the superannuation system, reduce the cost of the retirement income system to Government, better position Australia to meet the fiscal challenges of […]

Car expense rates per km- 2013/14

Car expense rates per km- 2013/14 The car expense rates per kilometre have been set for the 2013/14 year. They have been increased for the first time since 2008/09 2012/13    small car 63c            medium car 74c                       large car […]

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 […]

PAYG withholding variations

PAYG withholding variations PAYG withholding variations PAYG withholding variations should be used when the payee (the person receiving a payment) wants to reduce their  withholding rate for the year ending 30 June. If this is you, please read further or call the office. The main purpose of varying your rate or amount of withholding is to make […]