Baker Affleck Moffrey

Hi [fname].

Happy New Year! We hope you have had an enjoyable, safe and happy festive season and look forward to jumping into an exciting 2011 with you.

Whether you are back at work, still on holidays or somewhere in between, now is a great time to think about making this year a success.

A fantastic way to start the new year on a positive note is to consider some sage advice from one of the classic business books – Seven Habits of Highly Effective People by Steven Covey. Even if you have read this (and most would have), considering the main points of this book are a good way to get your mind set right for a proactive and prosperous year.

Click here to view full article


ATO focuses on skimming of cash takings

The Australian Tax Office (ATO) is undertaking a major compliance programBaker Affleck Moffrey which will involve electronically matching transactions of approximately 200,000 businesses with certain sections of ATO data holdings to identify non-compliance with registration, reporting, lodgment and payment obligations under taxation law.

To do so it has received data from banks that identifies credit and debit card sales made by Australian businesses.

Click here to view full article


Part 5, SMSF - Investment Strategy

Part 5 of the Self Managed Super Fund (SMSF) series touches on Baker Affleck Moffreyinvestment strategy.

An investment strategy is simply a written plan for making, holding and selling fund assets, consistent with the fund’s investment objectives.

There is no prescribed format for the investment strategy but it needs to reflect the purpose and circumstances of the fund.

Click here to view full article


Tax Deductible Study

The High Court decision in Anstis on 11 November 2010 means Baker Affleck Moffreythat you may be eligible to claim a deduction for your study expenses if you received youth allowance to study full-time.

Click here to view full article

 

 

 


Book reviewBaker Affleck Moffrey

Title: Business Stripped Bare
Author: Richard Branson

31 things to take from the book.

Click here to view full article


Newsletter No. 17
January 2011

Key dates for January

1 January 2011
Super guarantee quarter 3 starts.

15 January 2011
Income tax return for taxable large/medium business taxpayers as per latest year lodged (all entities other than individuals) due date for lodging, unless required earlier.

21 January 2011
Quarterly PAYG instalment activity statement, quarter 2, 2010–11 for head companies of consolidated groups – due date for lodging and paying.

21 January 2011
December 2010 monthly activity statement – due date for lodging and paying.

28 January 2011
Super guarantee contributions for quarter 2, 2010–11 – employers must make contributions to the fund by this date.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Baker Affleck Moffrey
Level 4, Evandale Place,
142 Bundall Road
Bundall QLD 4217

PO Box 634
Surfers Paradise QLD 4217
Phone: 07 5538 3088
Fax: 07 5539 0805
Email: admin@BAMoffrey.com
Web: www.BAMoffrey.com