Archives

Big Things are Happening

by Jeff Banks

From 1 July 2015 Banks Consultancy will merge with Lomax Financial Group, an integrated Financial Services practice. Lomax is a larger version of Banks Consultancy where we will be able to service our client in a much effective manner and in a similar fee…

Being Absolutely Ready for Year End

by Jeff Banks

This week is the last chance that you can plan for your 2015 Tax Return, to achieve the lowest taxable income. If you are running a business, take this time to complete the necessary transactions so that it can be captured and evidenced within…

Getting Ready for Year End

by Jeff Banks

If you are a business client of Banks Consultancy, you would have received a copy of our informative DVD, The Ultimate Business Tax Checklist, to prepare for the year end. We have great feedback and thought we should share the information and offer the…

Small Business Asset Depreciation Write Off

by Jeff Banks

Listen to Jeff speak about small business and the new federal budget on Asset Depreciation Write Off. Please contact Banks Consultancy at 1 300 792874 for us to help you through the myriad of rules and regulations that relates to this topic.

Bad Debts

by Jeff Banks

We have just moved into the month of June. If you want to write off any bad debt from your system we need to do it BEFORE the 30 June. Listen to Jeff speak on how important it is to properly write off bad…

Your Stock Evaluation

by Jeff Banks

It is time to look at your stock list in preparation for year end. Listen to Jeff speak on how to prepare the evidence in the valuation of stock that will maintain the right amount of tax that you should pay. Contact us at…

Concessional Superannuation Caps

by Jeff Banks

We are getting closer to end of the Financial Year 2015 where it is time to look at whether or not extra contributions might be appropriate for this time of the year. Listen to Jeff speak on how to make the situation advantageous for…

Lodgement of your 2015 Income Tax Return

by Jeff Banks

May the Fourth be with you!

Yes it’s International Star Wars Day but this 4 May also heralds the final run down to the lodgement of income tax returns by tax agents. Jeff today speaks about the need for those using the extensions of time…

Lodgement of your BAS

by Jeff Banks

Your BAS for March Quarter is due tomorrow, 28 April 2015. We can get the extension for you but it is paramount that we should be looking at preparing the information earlier for this period of the year to make informed decision that will…

Depreciation and the write off of assets

by Jeff Banks

Listen to Jeff speak on how depreciation and the write off of assets can affect your tax return as a deduction. Please contact us at Banks Consultancy if you would like to discuss the concepts involved with one of our consultants at 1300 792…