QBCC Tightens Rules For Building Contractors/Sub-Contractors To Be Paid On Time Rede Accountants Gold Coast, Brisbane & Byron Bay There has been a tightening up of terms and conditions for payment of contractors/sub-contractors within the building industry in Queensland. Under the new rules a sub contractor submits a payment claim (an invoice generally) which sets […]
Single Touch Payroll Rede Accountants Gold Coast, Brisbane & Byron Bay The ATO has mandated that every employer needs to electronically report wages, tax withheld and superannuation for every employee on every payday. Have they gone crazy? The ATO claim there will be more regular and better reporting and no need to produce annual PAYGW […]
Fringe Benefits Tax (FBT) Rede Accountants Gold Coast, Brisbane & Toowoomba What is It? Fringe Benefits Tax is a tax levied on employers who provide NON CASH BENEFITS to their staff. It can also apply where employees direct the benefit to other people such as their spouse or other relatives.Unlike cash benefits (wages, […]
New GST Withholding Rules Rede GST Accountants Gold Coast, Brisbane & Toowoomba New GST Withholding Rules – commencing from 1 July 2018 What do the new GST Withholding Rules mean for Vendors and Purchasers? Impact on Vendors All vendors of ‘residential premises’ or ‘potential residential premises’ (not just new residential premises) must notify the purchaser […]
Taxation of Shares and Negative Gearing Rede Accountants Gold Coast, Brisbane & Toowoomba Most people associate negative gearing with the property. It equally applies to shares listed on the stock exchange. What is negative gearing of shares? It happens where an asset (say, shares) produces income (like dividends) and the combined costs of borrowing and […]
Small Business Key Performance Indicators Rede Accountants Gold Coast, Brisbane & Toowoomba Your small business often chugs along oblivious to how other businesses in your industry perform. In recent times, the ATO has published a number of small business key performance indicators (KPI’s) on an industry by industry basis. For example, they have adopted […]
2018/2019 Federal Budget Recap Rede Accountants Gold Coast, Brisbane & Toowoomba Mr Morrison brought down the Annual Federal Budget on 8 May. There was not that much meat in the document. It was a ‘steady as she goes election federal budget’. Other than talk about deficits and spending, what impacts the man in the street […]
Why you should start Retirement Planning now! Rede Accountants Gold Coast, Brisbane & Toowoomba Aged care specialists have determined that the average age of people entering into residential care is 83, however, people need to start thinking about and planning their future needs in their 50’s to 60s. Delaying retirement decisions can result in […]
Taking Money from Your Trading Company Rede Accountants Gold Coast, Brisbane & Toowoomba Scenario: You’ve worked hard and built up surplus money in your company bank account. Congratulations! You think to yourself, the money is mine to do what I like, so why not just draw it out and pay it off the home […]
Capital Gains Tax (CGT) Rede Accountants Gold Coast, Brisbane & Toowoomba Capital Gains Tax (CGT) was first introduced to Australia on 19th September 1985. Prior to the introduction of Capital Gains Tax (CGT) if you owned an asset it would generally retain a capital gains tax free status. Any assets acquired after that date […]
COL WILSON B.COM, FCPA, REG'D TAX AGENT
KEN LUDEKE FCPA, FCA, REG'D TAX AGENT
Annette Pleavin B.BUS, CPARede Accountants is a CPA Business
Suite 1004, Level 10 "The Rocket" 203 Robina Town Centre Drive Robina QLD 4226
Tel: 1300 399 599
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