EVERYTHING YOU NEED TO KNOW ABOUT BUSHFIRE RECOVERY
GST and BAS tips to keep your business on track
Help is available.
Unprecedented bushfires across the Mackay region in November – December 2018 burned approximately 160,000 hectares of forest and farming lands and affected many communities.
Click on the links below to find the information you need to recover. This page will be updated when new or different recovery information is available.
The First Home Owner Grant (FHOG) scheme
Get on top of your record keeping early and be better prepared for lodging your BAS ‒ it can help manage your cash flow and get you your refund faster.
Corporate Tax Rates
When it comes to buying a home, it can be both an exciting and stressful time. There are many things that need to be considered (and taken care off) before you receive the keys and start the next chapter in your life. Importantly, in our animation, ‘First Home Super Saver Scheme (FHSSS)’, we talked briefly about the impact that housing prices, wage growth and livings costs are having on prospective first home owners.
Employee or Contractor? Know the Key Indicators
There are two categories of companies when it comes to the corporate tax rate. The two categories are determined by turnover and business activity.
Salary Sacrifice Arrangements
The growing need for workforce flexibility and to reduce business costs means that the line between an employer/employee relationship and a principal/independent contractor relationship is often blurred. It is important for businesses to correctly classify their employment relationships, given the marked difference in employer obligations when engaging an independent contractor rather than an employee.
BROWN & BIRD WELCOMES A NEW PARTNER
Salary sacrifice arrangements can be a tax-effective option for individuals to boost their retirement savings with additional employer superannuation contributions above the compulsory employer contributions. It is a good idea, too, for individuals to regularly assess whether their existing salary sacrifice arrangements are still suitable for their needs.
The Partners of Brown & Bird have great pleasure in announcing Daniel Ross as Partner from 1 July 2017. Daniel was born in Mackay and has been an accountant with Brown & Bird since 2005. He specialises in tax, audit and consulting. Daniel's contribution to the Management Team will provide fresh ideas and youthful energy to a partnership that has always tried to blend youth and experience to provide a balanced, long term approach to our advice and client support. Daniel will continue working closely with Chris Wright and contribute to the success of Brown & Bird and its clients.