You may have seen recently in the press, the pending changes to come into effect from 1 July 2017 regarding the ‘CGT reset’. What is this you may ask and does it affect me? The good news is that most people are not affected, however, If you are
Archives for February 2017
Upcoming FBT – are you up to date?
The FBT year is coming to an end on 31 March 2017. In order to claim business use on a vehicle a log book must be kept for a continuous period of 12 weeks noting business use to calculate the percentage of expenses that can be claimed. The log
Change in PAYG withholding rates & the processing of wages
A common error that has surfaced when reviewing wages processed after 1st October 2016 is not allowing for the change in PAYG tax for employees from 1st October 2016 when paying regular net amounts to employees. We have noticed this has shown up
Travel Destination – The Philippines
In January 2017 our son, Luke and his girlfriend Holly (both 26) visited The Philippines. Below is Luke's summation of their trip: We flew from Sydney to Manila, then hopped on a Philippine Airways connecting flight to Boracay. We stayed there
