AFS NEWS | Your partners in success

Client Update – August 2017

August is here and the wattle is beginning to bloom, a sure sign that spring is just around the corner.

Tax relief for Victorian employers

As of 1 July 2017, employers in regional Victoria will now be eligible to receive a 25% cut to payroll tax rates. The rate has been reduced from 4.85% to 3.65%, making it the second lowest rate in the country behind South Australia.

Rental property deductions tightened

Most property investors breathed a sigh of relief when rumours about the demise of negative gearing in the Federal Budget came to nothing. There were, however, several changes introduced which have the potential to impact your property investment portfolio. 

New (financial) year, new start

The end of financial year is the most stressful time for people in many different lines of work. You’re either rushing to get work done, trying to spend budget just in time, or gearing up for the onslaught of tax time and annual reports.

AFS recognised as industry leaders

AFS has been recognised as an industry leader in Acuity Magazine, the national journal for Australian and New Zealand Chartered Accountants. AFS has been interviewed on topics surrounding team culture and the Federal Budget. The following titles link to the full article.

Client Update – June 2017

As the days get shorter and we settle into the cooler months, the end of the financial year rolls around very quickly. We have been recognised as an industry leader in the Acuity magazine, the national journal for Australian and New Zealand Chartered Accountants on topics surrounding team culture and the Federal Budget. To read any […]