Debate heats up around $10k cash ban bill Concerns around a bill that will criminalise business cash payments above $10,000 continue to be raised as the industry waits on a parliamentary committee’s final report. A total of 2,659 submissions were received by the Senate Economics Legislation Committee in the course of its inquiry into the […]
Following on from our email of last week, a Director Penalty Notice (“DPN”) is a notice the Australian Taxation Office can currently send to a Director that can make you personally liable for: Pay As You Go (“PAYG”); and Superannuation Guarantee Charge (“SGC”) And from 1 April, you can add Goods and Services Tax (“GST”) […]
Rede Accountants February 2020 Newsletter This month’s edition of our newsletter includes: CGT and the family home: expats and foreigners excluded from tax exemption Bushfire support and assistance ATO targets ‘lifestyle’ assets Alerts to protect SMSFs from fraud View our newsletter here. Take Care Col, Ken & The Team at Rede
There is a proposed legislation before the NSW parliament seeking to amend legislation relating to stamp duties and land tax. How does this impact Discretionary Trusts? Under the relevant Acts, a foreign trustee will be liable to pay surcharge transfer duty and surcharge land tax (2%) on the acquisition of and holding an interest in residential […]
Rede Accountants December 2019 Newsletter This month’s edition of our newsletter includes: Australia Embraces Black Friday and Cyber Monday Why ‘Black Friday’? The rise and rise of online shopping Things That Will Make or Break Business’s This Christmas Ho, Ho, No. The trading stock headache. The discounting trend. The Christmas cost hangover New Year cash […]
The Australian Financial Review Top 100 Accounting Firms in Australia for 2019 has been released and Rede Accountants are very proud to announce that we have been named on the Australian Financial Review Top 100 Accounting Firms for the second year running! To say we are proud to be included on the Australian Financial Review […]
Rede Accountants November 2019 Newsletter This month’s edition of our newsletter includes: CGT and the Family Home: Expats and Foreigners Targeted Again Vacant Land Deduction Changes Hit ‘Mum and Dad’ Property Developments Can the ATO Take Money Out of Your Account? Your Right to Know Are You Paying Your Staff Correctly? Woolworths $200M Plus Remediation […]
This article originally appeared on the Australian Consumer Law website. The Australian Consumer Law (ACL) has been amended to provide protections for gift card consumers across Australia. These national changes apply to gift cards supplied to consumers on or after 1 November 2019. Cards and vouchers sold before 1 November 2019 continue to have the […]
This article originally appeared on the ATO website on 19 August 2020. If you run your home-based business as a company or trust, your business should have a genuine, market-rate rental contract (or similar agreement) with the owner of the property. The agreement will determine which expenses the business pays for and can claim as […]
This article originally appeared on the Australian Taxation Office website on the 13th of August 2019. The Federal Court handed down two decisions relating to personal services income (PSI) rules yesterday. Income is classified as PSI when more than 50% of the income received under a contract is for a taxpayer’s labour, skills or expertise. The […]
COL WILSON B.COM, FCPA, REG'D TAX AGENT
KEN LUDEKE FCPA, REG'D TAX AGENT
Annette Pleavin B.BUS, CPASuite 1004, Level 10 "The Rocket" 203 Robina Town Centre Drive Robina QLD 4226
Tel: 1300 399 599
Rede Accountants is a CPA Business
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