Baker Affleck Moffrey

Hi [fname]

Welcome to the June edition of the Baker Affleck Moffrey newsletter – the final month in the Australian financial year.  This edition we focus on:

  • structuring for asset protection;
  • data on SME economy;
  • Self Managed Super Funds (SMSF); and
  • business tax planning and superannuation news.

As 30 June approaches we remind you to plan for the end of this financial year and the start of another year.

If you do not have an appointment booked with your accountant it is never too late to act - click here to book an appointment with one of the team at Baker Affleck Moffrey.

Kind regards
Damien Moffrey
Managing Director
Baker Affleck Moffrey Chartered Accountants


Creating a safe haven

By Ashley TipladyAshley Tiplady

Whether it be commencing a new business or planning for private wealth creation, consideration of a few “golden rules” can go a long way to obviating any pain in the event that things turn sour.

Click here to view full article

 


Insolvency data reveals tough times

Businesses are increasingly pessimistic about the year ahead, BA Moffreyaccording to the latest Dun & Bradstreet Business Expectations Survey, which shows businesses have lowered their predictions for sales, profits and employment for the September quarter.

Click here to view full article

 

 


ATO targets SMEs with revenue losses

The ATO advises that a large number of businesses in the small-BA Moffreyto-medium (SME) market segment are reporting revenue losses following the global economic downturn.

As a result, the ATO is stepping up its engagement and compliance focused losses programs and campaigns.

Click here to view full article


Penalties surrounding investments harsh

The new insurance rules applying to SMSF collectables are difficultBA Moffrey to apply.

Click here to view full article

 

 

 


Business tax related updates

What is the GDP adjustment?BA Moffrey

Click here to view full article

Small Business Entity (SBE) - Prepayment strategies

Click here to view full article

 

 


Super related updates

Excess contributions tax - administrative penalties BA Moffrey

Click here to view full article

ATO focus on employer super obligations

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Team profile - Jane Toomey

Jane was born in Lilydale, Victoria; moved to Hervey Bay when Jane Toomeyshe was nine, and then moved to the Gold Coast for university when she was 18. She loved the lifestyle so much she decided to stay. Jane being a very independent, only child recently entered the exciting world of buying her first home. She is thoroughly enjoying using her creative side to do major renovations to her new home.

Click here to view full article


Economic Update

By NAB Private Wealth

Click here to view full article


Newsletter No. 22
June 2011

Dates to remember

SMSF Series - all sessions have been fully booked - we will therefore hold repeat sessions as follows:

Advanced Strategies with Super – repeat session
Date TBC
Click here to register your interest

Responsibilities of Trustees – repeat session
Date TBC
Click here to register your interest

 

 

 

 

 

 

Are you ready for 30 June?

  • Profit and Loss - are your figures up to date?
  • Business planning - have you considered your business goals and marketing plans for the next financial year?
  • Staff - have you considered staff performance and how to reward or work on improving results?
  • Trust deeds - are your trust deeds up to date given the recent changes?
  • Insurance - do you have enough cover, have you read the fine print or has your situation changed?
  • What opportunities lie ahead and who can help you approach them - your accountant, financial planner, lawyer, bank manager?

 

 

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