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Budget News 2015

Budget News 2015

Budget Highlights - Not legislation YET! Budget News 2015   Company tax rate cut to 28.5% from 01/07/2015 for small business with a turnover of less than $2 million. Sole-trader business income from un-incorporated business with a turnover of less than $2 million...

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End of Financial Year Project Plan 2015

End of Financial Year Project Plan 2015

Is it that time of year already? The end of financial year is fast approaching and that means getting all your paperwork ready.   Before End of Year - Review Business Progress Review Profit & Loss to end March/April - Check with your trusted advisor...

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You can now RELY on the ABN Lookup Tool

You can now RELY on the ABN Lookup Tool

ICB is pleased to announce that the ATO and Government have listened. We have lobbied for some time that if the ATO requires you to check the ABN and GST status of your suppliers then they HAVE to state unequivocally that you are allowed to rely on it. We quote the...

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Storing Employee Documents – Fairwork Australia

Storing Employee Documents – Fairwork Australia

Can All Employee Related Documents be Stored Electronically? In short, the answer is YES Storing Employee Documents - Fairwork Australia FairWork specifically allows for providing and recording the FairWork Information Statement, timesheets, payslips and payment...

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Fuel Rates Going Up

Fuel Rates Going Up

From 1 July 2014, the carbon charge was repealed, increasing the rate for many fuels Carbon Charge Repealed From the 1st July 2014, the carbon charge was repealed, increasing the rate for many fuels acquired from 1st July 2014 and used off public roads.   This...

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Claiming work-related expenses?

Claiming work-related expenses?

ATO using data analysis Work-related expense claims being targeted. This year the ATO are using extensive data analysis to identify areas requiring attention across all work-related expense claims, regardless of occupation.   The ATO are paying particular...

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