ARW Report - Edition 27 - Tax 2009We are pleased to bring you our Tax Time 2009 edition of the ARW Report. The new financial year is here so get all your receipts together, make an appointment and get your tax done now. Times are tough so get your act together & you will get your refund sooner! We advise that we are still accepting new clients and would gratefully appreciate any referrals that you provide us - so make sure you let your family & friends know that you have a great award-winning accountant. Visit our website for more information about the various services which we can provide. You can make an appointment for your 2009 tax return with your ARW consultant by emailing Kylie here. |
Cashflow – The focus in 2009by Ian HounslowCashflow in a business must be seen by small businesses as the most important issue when managing finance this year. New year, new beginningsby Stature ARW AccountingIt’s a good time for clients to look at their goals and portfolio, and adjust them for the new financial year. Some common mistakes made on income tax returnsby Stature ARW AccountingThe Australian Taxation Office reports that about 11.8 million individuals lodge tax returns a year; however, some make common errors. Family tax benefit – Update on claimingby Stature ARW AccountingFrom 1 July 2009 claims for the Family Tax Benefit Part A and B can no longer be made on the annual income tax return (2009 and previous year claims). ‘Lifestyle assets’ owned by companiesby Stature ARW AccountingRecent Government announcements bring under the spotlight the issue of private companies which own so-called ‘life-style’ assets, for example cars, boats and real estate. Woman jailed for GST fraudby Ian HounslowA Sydney woman was sentenced to seven years jail in the Sydney District Court for GST fraud of $506,511. Retaining customersby Stature ARW AccountingToday businesses are recognising the importance of satisfying and retaining current customers. Here are some interesting facts on customer retention: |
