Monthly archives for April, 2014

Lodgement of your BAS

by Jeff Banks

Quarterly BAS due 28 April. We can help you with extension of time. But preparing it earlier will enable you to make important decision that will affect your profit.  Debtors and cashflow will be some of the items that we can look at which…

All about Easter

by Jeff Banks

Tidbit of the day

 

The effects of Easter and getting ready for year end. Is your taxation position well planned? You will need to make sure that you have your numbers ready and you have prepared our BAS to take into consideration the blip in…

Jeff Banks Blog 18 April – An Easter Message

by Jeff Banks

QUOTE OF THE WEEK

Given its Easter I’m going to move away the little from accounting and taxation aspects of life and although not particularly religious, we do have some very Christian beliefs that run our business and our lives and it pains me to look around the world and…

Garbage in, garbage out

by Jeff Banks

 

Tidbits of the day : – Tax Return is just around the corner. Have you done your BAS yet? Lets meet and discuss to derive the best tax outcome/reduction and business plan for your entity/entities before the 30th June 2014. Contact one of our…

Jeff Banks Blog 11 April – Start the Year End Tax Planning Now

by Jeff Banks

QUOTE OF THE WEEK

Here we are, the financial year is screaming towards its ultimate end and we are in April and just passed my birthday. Given that this birthday is a bit of a milestone for me (yes I am old), I thought we might contemplate our navels a…

What does it mean to be a small business?

by Jeff Banks

Today we talk about what it means to be a small business for tax purposes.

Small businesses can get some concessions such as deductions or roll over of super. But what constitutes a small business?

At the moment, the turnover is the indicator of being a…

Jeff Banks Blog 4 April – The trap using contractors

by Jeff Banks

QUOTE OF THE WEEK

As promised this week I want to turn my attentions away from a discussion of my thoughts to an issue in taxation that will concern all in business and to start the discussion I take this quote from the 2000 movie The 10th Kingdom:

“Shepherdess makes quite…