$1,080 Tax Offset Passes

$1,080 Tax Offset Passes

By Chris Burnett The Government’s changes to the Personal Income Tax Plan as announced in the 2019-20 Federal Budget, are now finally law! The low and middle income tax offset increased from a maximum amount of $530 to $1,080 per annum and the base amount increases from $200 to $255 per annum. So how much […]

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$30k Instant Asset Write-off

$30k Instant Asset Write-off

By Chris Burnett You may have heard about the $30k instant asset write-off that the Federal Government introduced as part of their 2019-20 budget announcement which is now law and applies to certain purchases made before 30 June 2020. With the end of the financial year only 11 days away its a good idea to […]

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Using the PPSR to protect your interests

Using the PPSR to protect your interests

By Chris Burnett Typically, when small business owner’s startup their operations via a company they personally loan money or startup capital to the operating entity so that the business can go and buy equipment, motor vehicles or even trading stock.  What a lot of people don’t know is that they can protect their initial loan […]

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