Blog Archives

SMSF

5 Common Mistakes to Avoid in Running a SMSF

5 Common Mistakes to Avoid in Running a SMSF Rede Accountants Gold Coast, Brisbane & Byron Bay This article is written by leading SMSF expert Graeme Colley There are a lot of rules and regulations when it comes to superannuation and running your Self Managed Super Fund (SMSF). Here are five common mistakes people make […]

contractor, sub-contracter

QBCC Tightens Rules For Building Contractors/Sub-Contractors To Be Paid On Time

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 […]

Labor Party’s Superannuation and Tax Policies in the 2019 Election

The Major Party’s Superannuation and Tax Policies The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our clients have been asking what the major political parties’ policies are that may impact their SMSF, individual taxation […]

LNP’s Superannuation and Tax Policies in the Upcoming Election

Liberal National Party’s (LNP) Superannuation and Tax Policies The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our clients have been asking what the major political parties’ policies are that may impact their SMSF, individual […]

Are you ready for Single Touch Payroll?

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 […]

Franking Credits and the Fuss.

Franking Credits and the Fuss. Rede Accountants Gold Coast, Brisbane & Byron Bay You have probably seen in the press the growing debate about Labour’s policy to eliminate tax refunds resulting from excess franking credits. Let’s discuss what franking credits are and how tax refunds can result. If you invest in a company like Commonwealth […]

Structuring Your Business – The Pros and Cons

Structuring Your Business – The Pros and Cons Rede Accountants Gold Coast, Brisbane & Byron Bay   Business Establishment /Business Setup– Pros and Cons. When structuring your business you have 4 main choices: Company Trust Sole trader Partnership So which is the best option when structuring your business? Everyone’s circumstances are different. There is no ‘one […]

How to Read a Balance Sheet: Updated Nov 2018

How to Read a Balance Sheet Updated Nov 2018 Rede Accountants Gold Coast, Brisbane & Byron Bay You receive your annual financials from your accountant and read the profit and loss statement and glance at the mysterious balance sheet. Most people don’t understand the significance of the Balance Sheet and yet it is just as […]

Case Study: Surviving growing your business

Growing your business and surviving the pain you experience in your cash flow A Case Study Rede Accountants Gold Coast, Brisbane & Byron Bay You’re looking at growing your business but know that the costs come before you generate additional revenue. On paper you might be making a profit, cash flow wise you are in […]

When is the right time to structure your business affairs?

When is the right time to Structure your Business Affairs? Rede Accountants Gold Coast, Brisbane & Byron Bay We’re often asked by clients – “When is the right time to structure your business affairs?” In a nutshell, the correct answer is the day you start the business. This is often not practical because you can’t […]

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