Tax Alert December 2017

Employers on notice over SG payments

Employers who fail to pay their employees’ super on time are likely to find themselves on the receiving end of some unwelcome attention after the tax office was given more resources. Here’s a roundup of the latest tax news: Read more

Tax alert June 2017

Major changes to the rules applying to both superannuation (super) and business tax come into force on 1 July 2017, so taxpayers need to ensure they are prepared for the new regime. Here’s a roundup of the key tax changes: Read more

Stay safe from scams at tax time

It seems as though every year as people gear up for tax time, there’s a new type of fraud or cyber attack that crops up. Most people want to do the right thing when it comes to dealing with government authorities like the Australian Tax Office (ATO), and scammers take advantage of that. Read more

Client Update – April 2017

As April arrives Queenslanders are clearing up after the devastation of Cyclone Debbie which damaged homes, businesses and agricultural crops. Our thoughts and best wishes go out to all those affected.

Our April update includes a very special front page, as we introduce our first Chief Executive Officer of the firm, Kate Mannix.

Read more

Client update – December 2016

AFS turns 70

In this month’s edition we cover the history of AFS. This year we celebrate 70 years of service in Bendigo and beyond. From humble beginnings to a team of over 70, we take a look back at the history of the firm.

 

BDG blogThe wonderful work from all of our team over the years has shaped AFS into the successful firm it is today. AFS now has seven Partners and over 70 staff, comparing itself to second-tier firms in Melbourne.

Our culture sets us apart from other accounting firms. It’s the customer service and respect with which we treat our clients that makes us stand out. It defines who we are and how we connect with our clients and community.

Read about where our firm began and how it became all that it is today here.

 


December newsletter

Click here to read the full newsletter

Also in this issue:

 

  • December economic summary
  • Superannuation reform Bill passed
  • SuperStream compliance under the spotlight
  • Small business exit plan
  • Research and development tax rate change
  • Primary producer income tax averaging
  • Simplified record keeping
  • AFS takes the cup four years running
  • Toiletry packs for those in need

We hope you find this issue informative, should you wish to investigate any of these matters, we encourage you to contact our office.Christmas hours

Client Update – June 2016

Lets keep this 24 hour service open

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Our cover story is about our casual cash recipient Lifeline Central Victoria and Mallee who do amazing work in Central Victoria. Read more

2016 Federal Budget – Highlights

The 2016-17 Federal Budget was handed down on Tuesday 3 May. The Government has forecast a cash deficit of $37.1b for the 2016-17 financial year.

We have summarised the key budget highlights and an outline of the changes announced. The major revenue measures announced in the Budget included: Read more

Tax Update – May 2016

Tax planning

tax-web-imageThere are many ways in which entities can defer income, maximise deductions and take advantage of other tax planning initiatives to manage their taxable income. Taxpayers should be aware that they need to start the year-end tax planning process early in order to maximise these opportunities. Read more

Client Update – April 2016

April Update

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A million meals to share

Our casual cash recipient Bendigo Foodshare do amazing work in Central Victoria. Read about their ambitious campaign to raise money for a million meals in March. Read more

AFS Tax update

Tax Update – April 2016

Small business restructures made easier

The Government has made changes to the tax law to provide tax relief for small businesses that restructure. The tax law changes provide an optional rollover for small business owners who change the legal structure of their business on the transfer of business assets from one entity to another. Read more