Advivo Newsletter – January 2017

Happy New Year to all of our clients and associates, we hope you had an enjoyable festive season with friends and family.  The Advivo team are now back open for business and are excited to help you reach your goals for 2017. We are excited to announce that we are in the process of refreshing…

Advivo Newsletter – December 2016

As we draw to the end of the calendar year, we have compiled the below articles on Payroll, as there are many things to consider this time of year. We have enjoyed serving you in 2016 and on behalf of the partners and staff, we wish you all a happy, safe and relaxing Christmas and…

Stretch Margins by Streamlining Sales

How To Improve Sales and Increase Your Business Margins Efficient sales mean bigger margins, which improve the bottom line. Here are five steps to beef up your sales program: **One Click Sales Tracking Owners of small and medium-size businesses don’t often think sales automation is a tool for them. But without the bells and whistles, the…

Win the Salary Game

How Businesses Can Ease Expense on Salaries Salaries are a tough expense for most businesses. You want to hold them down but reining them in too tightly doesn’t always work well. Good employees can often go elsewhere and replacing them can cost your company a bundle. ** Most people work not only because they need to earn…

An Employers Guide to the Silly Season

Your Guide to the Silly Season – 8 Things to Remember As the end of the year approaches, the silly season is well and truly in full swing and this means a few things – holidays, sun, festive cheer and of course, parties. Work parties are a terrific way to interact with your colleagues and…

Proposed Superannuation Legislation Information

Superannuation Legislative Changes RISE Standards, Bourham & Vaux Blog Written by: James Farrelly, Financial Adviser & Accountant Resource Manager The below Blog has been written by James Farrelly for our clients and associates and contains important information regarding Superannuation and how the recent legislative changes will affect everyone.   “The 2016 Budget has brought about many…

The Right Business Restructuring

Advivo Newsletter – November 2016

This year has seen many legislative changes to Superannuation, this is why we have decided to focus on Superannuation this month.  On Thursday 24th November 2016 we will be holding a Free Seminar for our clients and associates, you can read more about this below. We have tailored our November Newsletter with articles relevant to this…

ATO Tax-time - Areas to focus on

Tax Deductions for Meeting Employer Superannuation Obligations

Employer Superannuation Fund Compliance To Benefit Tax Deductions Employers are entitled to a tax deduction for contributions made to a complying superannuation fund or a retirement savings account (RSA) for the purpose of providing superannuation benefits for their employees. The contributions are only deductible for the year in which they are made. To maximise the…

Beware Super Funds Offering Incentives: ASIC

ASIC Advises Businesses to Be Wary of Default Funds with Inducements The Australian Securities and Investments Commission (ASIC) has updated its guide to help employers select a default superannuation fund for their employees. The guide sets out a range of factors for employers to consider when deciding on a default super fund for employees (eg. fees,…

SMSF Income Stream

Receiving Income Stream from Your  Self-Managed Superannuation Fund (SMSF) Generally, a self-managed superannuation fund (SMSF) can only pay a member’s superannuation benefits when the member reaches their “preservation age” and meets one of the conditions of release, such as retirement. The payment may be an income stream (pension) or a lump sum, depending on the…