The most far-reaching superannuation changes in 10 years
Some of the most far-reaching superannuation reforms since 2007 were introduced to the House of Representatives on 9 November 2016. On 23 November the Bill was passed by both Houses and now awaits Royal Assent – which should be a mere formality.
The reforms are both good and not-so-good, depending on your personal situation.
Don’t get caught out – the ATO are watching
A recent media blast from the Australia Taxation Office has stated that they are paying extra attention to the deductions taxpayers are claiming, particularly those making higher than expected claims.
Supporting the Geelong Animal Welfare Society
In the month of October, here at Davidsons, our chosen charity was GAWS (Geelong Animal Welfare Society). We have many passionate pet owners here but none more so than our own Claire Sharp who has been encouraging all of us to donate to a drive she has been running all month.
Selling a Property – do you need to withhold tax?
New rules were introduced on 1 July 2016 that place obligations on parties that are buying and selling Australian real property with a market value of $2million or more.
Davidsons is Proud to Sponsor the BPW National Conference
Davidsons has a long association with the Geelong branch of the renowned international federation of Business & Professional Women (BPW). Davidsons staff are committee members of BPW and we have sponsored many BPW events.
Further Superannuation Budget Changes
Last week the Government announced some changes to the proposed superannuation measures announced in the 2016/17 Federal Budget.
The three proposed changes are summarised as follows:
Equal Pay Day Luncheon
According to the Australian government’s Workplace Gender Equality Agency (WGEA), women earn 24% less than men (full-time total remuneration). This equates to women being paid $27,254 less than men for the same work.
Building your Business with Strong Foundations
The majority of businesses start with a new idea or concept or from someone who believes they can do it better than those currently in the market place. Like the construction of a new home, where strong and solid foundations are important for it to stay upright, a new business also requires strong foundations to maximize its chances for future viability and success.
Davidsons Marnie Broad raises funds for charity
According to the bureau of meteorology July (in Victoria) was well above average in rainfall but not all of Victoria experienced this….For some July was a dry month. Just ask our own Marnie Broad. Marnie was one of many individuals that went alcohol free to help raise funds for Barwon Health’s Andrew Love Cancer Centre. Well done Marnie, a super fundraising effort for a very worthy cause.