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So far waterford has created 51 blog entries.

2017 Fringe Benefit Tax (FBT)

2017 Fringe Benefit Tax (FBT) – What employers need to know? The 31st of March 2017 marks the end of another FBT year and in which employers are left wondering what they are required to do to meet ATO obligations or if these obligations apply to their business. As the ATO will be looking at [...]

By | March 29th, 2017|General|0 Comments

Riding the waves of uncertainty in 2017

The election of Donald Trump as President of the United States has certainly been one of the big surprises of 2016. This has already had an impact on our region with the United States pulling out of the Trans-Pacific Partnership (TPP) which would have seen most tariffs and other restrictive policies on agricultural products and [...]

By | March 8th, 2017|General|0 Comments

Purchasing property with friends and family

It’s becoming quite common in the current property market for friends and family to band together to get a foot in the property market. There can be many benefits of pooling assets, particularly in the initial stages however what will happen years down the track if something goes wrong? Tax Issues Capital Gains Tax (CGT) [...]

By | January 31st, 2017|General|0 Comments

What’s involved in selling your business?

Looking to sell your business and not sure where to start or how to maximise your result, we understand that this can be a stressful time and have put together a list of issues that business owners or investors need to consider when selling a business. What you are selling and the tax implications When [...]

By | January 11th, 2017|General|0 Comments

Parental leave – what you need to know as employers

We know as employers that the parental leave entitlements are 12 months with a potential for 24 months of unpaid leave with your job guaranteed (or an equivalent position) remains but the question remains who is required to pay for this leave. According to a recent report, mothers are entitled to just less than 18 [...]

By | December 22nd, 2016|General|0 Comments

Christmas Expenses

Just like every day people, business owners are just as likely to purchase gifts for employees and clients during the Christmas period. If you have been spending money on your clients, it’s important to note what type of spending is classed as legitimate business expenses and therefore deductible to your business. To put it simply, [...]

By | December 21st, 2016|General|0 Comments

Understanding Superannuation Reforms

When passed, the new superannuation reforms will represent the most significant change to superannuation since its introduction. While there has been a softening of the initial Budget announcements, there are still some very large changes to come. Reduction in non-concessional contribution caps If you are close to retirement age and looking to grow your super [...]

By | December 7th, 2016|General|0 Comments

The Sharing Economy and Tax

What is sharing economy? Sharing economy is an economic model in which individuals are able to borrow or rent assets owned by someone else. These include things like renting out a room or a whole house, providing taxi services, providing personal services, such as creative and professional services or renting out a car space. Airbnb [...]

By | November 14th, 2016|General|0 Comments

Inventor or Investor – what you need to know about crowdfunding

Do you have a great idea? Do you need funding? Crowdfunding is an emerging way of securing funds to see your inventive ideas become reality. There are several types of crowdfunding that you can use: Donation based – funding a cause without the fundraiser providing anything in return. This is typical for charities or philanthropic [...]

By | November 10th, 2016|General|0 Comments

The budget measures: Dead or alive … or mutated?

It has been several months since the government released their 2016-17 budget and there has been plenty of debate on the proposed budget measures. It is now becoming a bit clearer which budget measures the Coalition will be able to pass with the support of Labor and independents. The three major proposal areas that will [...]

By | October 26th, 2016|General|0 Comments