Only one month left to lodgement deadline
There’s just one month to go until the 31 October deadline to lodge income tax returns.
It is important that new clients or clients who have not lodged their 2008 tax returns contact us before the deadline to ensure that you don't incur any lodgement penalty.
Click here for more information from the Australian Taxation Office
Reserve Bank Leave Interest Rates Untouched
1st September 2009
At its meeting today, the Reserve Bank of Australia Board decided to leave the cash rate unchanged at 3.0 per cent.
With considerable economic policy stimulus in train around the world, the global economy is resuming growth. Economic conditions in Australia have been stronger than expected, with consumer spending, exports and business investment notable for their resilience. Measures of confidence have recovered.
Click here for more information on today's announcement.
Tax Updates and Latest News
SMALL BUSINESS TAX BREAK – INCREASE & EXTENSION
One of the key aspects of the recent budget announcements includes an increase to the small business tax break initiative. In summary, the initiative is increasing from 30% to 50% and has been extended until 31 December 2009.
Click here for more info