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Monthly Archives: February 2013

Out of the Ordinary

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 occurContinue reading “Out of the Ordinary”

Posted byiqaccountantsFebruary 26, 2013February 26, 2013Posted inBusiness, Events1 Comment on Out of the Ordinary

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 beContinue reading “Buying a car?”

Posted byiqaccountantsFebruary 19, 2013Posted inBusinessLeave a comment on Buying a car?

$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 canContinue reading “$6,500 Write Off”

Posted byiqaccountantsFebruary 13, 2013February 12, 2013Posted inUncategorized1 Comment on $6,500 Write Off

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 toContinue reading “Natural Disaster”

Posted byiqaccountantsFebruary 6, 2013February 5, 2013Posted inUncategorizedLeave a comment on Natural Disaster

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