We’ve been busy at the office this week as it’s month end and the December BAS/IAS is due for most clients tomorrow. The extended payment and lodgment due date for the December BAS always gives a holiday mode feeling but can cause havoc for cashflow. What really ends up happening is two BAS payments occur […]
Month: February 2013
Buying a car?
Today I have another good news post for those who are a small business entity (SBE)and thinking about buying a new or used car. If you fit this criteria then you will be happy to learn that from July 1st 2012 (this financial year we are in now) the first $5,000 of the vehicle will be […]
$6,500 Write Off
It’s a quick post today but a really great one. I wanted to remind everyone about the $6,500 write off which is available for the current 2012/13 financial year. In very basic terms if: 1. You are a Small Business Entity and 2. You buy an asset costing less than $6,500 then you can […]
Natural Disaster
I hope you are all safe and well after enduring the weather over the last couple of weeks. To think that I was whinging about the heat a couple of weeks ago and a few days later there was serious flooding all over Queensland – it was crazy! The ATO take an understanding approach to […]
