The Commissioner of Taxation, Chris Jordan, announced on 27 March 2014 that the Australian Tax Office (“ATO”) has launched Project Do It, a new initiative designed to encourage individuals and companies with undisclosed offshore income to come forward and clean the slate. Read more
It is widely known in business circles that only 30% of change projects succeed. The research conducted by Chris Mason was centered around the benefits in time, profit, growth, energy and success if businesses could boost that % change success factor upwards.
The start of the new financial year brings with it a change to the Super Fund Contribution Caps, increasing the annual contributions you can make to super.
These updated caps can help you:
– minimise tax
– keep salary sacrifice arrangements up to date
– maximise the wealth held in your super fund
This is a great article which I have shared with many clients about the importance between delivery and discovery.
The challenge for most businesses is they do not make enough time for discovery – this is ultimate the source of the sustainable competitive advantage. Read more
I was recently reading the ‘Acuity’ Magazine which is the Australian and New Zealand Institute of Chartered Accountants magazine and there was an there was a reference to recent survey highlighting how important the digital revolution will be over the next 12 months to consumer goods and retail companies.
The survey conducted by Consumer Goods Forum and KPMG survey polled nearly 500 C-suite and senior executives globally. Key finding included Read more
Are you ready for the ATO’s changes that require electronic lodgement of Activity Statements?
From 1 July 2014, once the ATO receives an electronic lodgement of a Business Activity Statement or Instalment Activity Statement they will no longer send the paper statements. Future statements will be issued electronically.
Electronic lodgement includes through the following sources: Read more
What is not commonly known is that superannuation interests do not automatically fall under the individual estate assets on death and therefore do not automatically fall under the directions of your will. Read more
I have had a recent discussion with an electrical contractor, where they mentioned their market is becoming increasingly price driven.
I think commodities products and services are fine – you need to be price competitive on these products and services. These are the services/products that will open the door to prospective clients. Read more
I was at a presentation last week where the presenter discussed KPIs – again there was very little framework on how to identify KPI – really just a grab bag of random KPIs.
I think in this world where there is an abundance of information and people are unsure what to look at, a framework is really important.
186 Scarborough Beach Rd
Mount Hawthorn, WA 6016
Phone: (08) 6212 7200
Email: admin@brentnallswa.com.au
Liability limited by a scheme approved under Professional Standards Legislation