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Time Running Out to Start a Log Book
April 5th, 2016From 1 July 2016 individuals are only able to use the cents per kilometre method or log book method for claiming car expense deductions. The ATO has issued a reminder that taxpayers wanting to use the log book method need to ensure that their car usage is recorded for a minimum continuous period of 12 weeks.read more
Pilot or Passenger?
April 5th, 2016Who’s flying the plane? Sitting on a plane on the way to our MSI conference is a great time for reflection. Noise cancelling headphones and a glass of red wine do assist in the reflective process. A discussion I often had with businesses I’ve worked with over the last 20 years (I’ve had the privilegeread more
Looking for a lender to help you finance tax debts?
April 5th, 2016If you have tax debt owing to the Australian Taxation Office, talk to us today. We may be able to help you find the right finance to help you get back on track. We have products for businesses looking to pay out their past and future tax obligations. We have the experience to help youread more
#NotAloneTeam: Raising Awareness for Depression and Anxiety
April 1st, 2016On a mission to raise awareness for depression and anxiety, Acron Threads have teamed up with cricketer Mitchell Johnson to launch the “Not Alone” Campaign. Not many are aware of it, but depression and anxiety may and can affect you in some way. In fact, according to an Australian independent non-profit organisation, BeyondBlue, “45% ofread more
Positive Cashflow Properties
March 31st, 2016If you have a mortgage on your home, did you know that with certain investment property strategies, you can “Borrow yourself out of debt”? It’s true. We hear so much about Negative Gearing and Positive Gearing. Negative Gearing strategies come with negative cashflows and tax deductions on these losses. Building a property portfolio using negativeread more
ATO Reminds Deadline for SMSFs and Collectibles
March 29th, 2016The Australian Tax Office (ATO) reminds owners of self-managed super funds (SMSFs) with collectibles and personal-use assets purchased before 1 July 2011 to comply with SMSFs rules before the deadline on 30 June 2016. With stricter rules and regulations (to take effect on 30 June 2016) on how these collectibles and assets are managed, SMSFsread more
8 Invaluable Skills of CFOs that SMEs Need
March 23rd, 2016Most SME business owners hesitate at the thought of hiring a CFO for their growing company, believing that only large businesses need and can afford a CFO. However, there’s lots of reasons why every business, even SMEs, need the expertise of a CFO. A CFO is a highly competent and experienced financial executive that helpsread more
MSI Update from McKinley Plowman – March 2016
March 22nd, 2016The members of MSI Global Alliance from Australia and New Zealand bring you the latest news and updates for the month of March. This latest edition of the MSI Newsletter headlines an article on Business Strategy for 2016, written by Mckinley Plowman's Director, Alec Blacklaw. In his article are invaluable tips in formulating effective strategic planningread more
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