Are your PPSR registrations about to expire? A lapsed registration could void your security interests
January 16, 2019
The Personal Property Securities Register (PPSR) was introduced on 30 January 2012 and was designed to offer protection against the loss of property should a customer default on payment or become insolvent. As the 7th anniversary of the PPSR approaches,...
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ATO data matching is advancing – are you prepared to be audited?
November 23, 2018
In recent years, the Australian Taxation Office (ATO) and other government agencies have continued to announce significant advancements in sophisticated, electronic data-matching techniques, resulting in an increase in audit activities conducted by the ATO. As this activity increases, so too...
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Selling the family home after 1 July 2018? Consider downsizer super contributions
April 23, 2018
Following the significant changes to contributions caps on 1 July 2017 that came about as a result of super reform, the Government has now introduced a new contributions cap - the Downsizer Contributions Cap effective from 1 July 2018. This...
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The key to financial freedom is starting young
April 6, 2018
Are you (or your children) young, just starting out, want to get in early and start investing, but don't have a lot of money? No problem... With our Smart Savers Plan, establishing an investment can start with as little as...
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Fringe Benefits Tax: Obligations for employers
March 27, 2018
With the Fringe Benefits Tax (FBT) year coming to an end on 31 March 2018, it’s a good time to brush up on FBT and what it means for you and your business. The FBT net is quite broad and...
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Business growth fund program
March 13, 2018
The Business Growth Fund Program, delivered by the Office of Small Business, is a grant program which provides targeted funding assistance for small and medium businesses that demonstrate high-growth and employment aspirations. The objectives of the program are to enable...
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Are you prioritising your business over your personal wellbeing?
February 14, 2018
Operating your own business can be tremendously hard work, and the dream of running a successful enterprise while maintaining a positive work/life balance can seem unattainable. Suncorp’s SME vs Me report1 revealed some concerning statistics for small business owners, including...
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Merry Christmas from McGarry Partners
December 19, 2017
Season's Greetings! Our office will be closed from 12:00pm on Friday, 22 December 2017. We will re-open at 8:00am on Tuesday, 2 January 2018. McGarry Partners would like to wish you and your family a very Merry Christmas and a...
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Single Touch Payroll Reporting – What you need to know
November 21, 2017
The introduction of Single Touch Payroll (STP) Reporting represents a significant change for employers, as you may be required to report payments made to employees to the ATO in real-time. As an employer, when you process your payroll, your STP-enabled...
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Minimising your IT security risk footprint
October 31, 2017
Cyber-attacks against Australian businesses and IT infrastructure continue to rise. While the threats are ominous, businesses have an opportunity to re-establish effective security strategies. Australian businesses and organisations experienced 47,000 security incidents in the past year. A 15% increase on...
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