We recently introduced you to a new Tool we have on offer at Advivo, the Business Pulse Report. Please click here to watch a short video example of how this tool works.
Energy Efficiency Finance Solutions
In the current environment, we all know that there is a steady increase in the costs associated with running a business. One of the most frustrating is the cost of your energy.
Improving the efficiency of your business is ‘low hanging fruit’ to save your business money. It’s approximately five times cheaper to save $1 from your bottom line costs than it is to add $1 of net profit to your business!
Contact us now to find out more information.
Advivo’s Involvement with Charity
This year Advivo are getting behind multiple Charities to show our support for some great organisations that help our community.
We recently entered the Rotary Club of Kingscliff Duck Race which supports the Rotary Club in the area. The team at Advivo dressed up our duck and he has become our team mascot.
One of our partners, Chris Morris, will soon take part in the Annual MS Brissie to the Bay on the 19th of June 2016 to show support for people living with MS. This is a great cause and we will be getting behind Chris as he attempts to concur the 100km course, we invite you to click here if you would like to donate to Chris’s ride and support MS.
Federal Election on 2 July 2016
The Treasurer’s first “election Budget”, Labor’s response, Bills enacted and Bills lapsed … with so much happening and less than two months for an election campaign, now is a good time for a recap. Full Article
Small Business Tax Concession Refused: Threshold Test Failed
An individual has been unsuccessful before the Federal Court in seeking access to the small business capital gains tax (CGT) concessions after selling a business. In particular, the Court held that the taxpayer had incorrectly excluded a loan when calculating whether he met one of the threshold tests in order to access the tax concessions. Full Article
Travellers with Student Debts Must Give Contact Details to ATO
Australians with student debts who are travelling or living overseas for longer than six months will soon have the same repayment obligations as they would have when living in Australia. These people will need to register their overseas contact details with the ATO. Repayment obligations will commence from 1 July 2017 (for income earned in the 2016–2017 financial year). Full Article
Disclaimer of Liability
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
