More on Fair Work Act

Answering your questions on employee requests for flexible work arrangements and minimum conditions and pay. Also read about changes for high income individuals to claim a deduction for any business activities which generate losses, and the land tax threshold for 2010.

Workplace Relations Changes

Details the major implications of workplace relations changes with the introduction of the Fair Work Act. Also, Modern Awards and National Employment Standards (NES) commence from 1 January 2010 and a Small Business Fair Dismissal Code Checklist is provided. 

Reporting superannuation changes and more

Guild Accountants explain changes for employers on reporting superannuation contributions, with further clarifications on the small business investment allowance*.

Small business tax breaks, new medicare levy surcharge thresholds and more

Guild Accountants explain the latest tax changes including small business tax breaks* and the new medicare levy surcharge thresholds. Also includes information on helping small businesses to stay on top of activity statement debt and the NSW Housing Construction Acceleration Plan (HCAP).

*Business owners looking to take advantage of the investment allowance should note that one of the key timing issues is the 'date of commitment' to the asset.  This can be impacted by the type of finance that you use to buy the asset with.  We refer you to the bulletin on 'Finance Products - Explanation of Features' for further information.  If you have any doubts or questions please contact us discuss your issues.

How does the 2009 Federal Budget Affect You?

After much speculation, the Budget was handed down with changes to the private health insurance rebate, superannuation and more. Guild Accountants provide a comprehensive overview of the changes brought about in the Federal Budget and set to affect clients.

Tax breaks changes and Financial Year-End Checklist

Changes have been made to the proposed legislation for the tax breaks for businesses, announced as part of the Rudd government's stimulus package. Guild Accountants provide the latest on the tax savings opportunities available, as well as a checklist of tax planning strategies to help you reduce your year-end tax bill.

Second Economic Stimulus Package

Guild Accountants provide the details and need-to-know information on the Economic Stimulus package announced on February 2, including information on the tax breaks for businesses.

First Economic Stimulus Package and more

Pharmacy and the Investment Allowance*

Planning to spend on assets for your pharmacy? Pharmacy owners have a short-term opportunity to take advantage of the Government’s additional Investment Allowance on eligible assets acquired for business purposes. Guild Accountants explain what you need to know in order to capitalise on the tax breaks and provide the latest information from the Budget announcement.

*Business owners looking to take advantage of the investment allowance should note that one of the key timing issues is the 'date of commitment' to the asset.  This can be impacted by the type of finance that you use to buy the asset with.  We refer you to the bulletin on 'Finance Products - Explanation of Features' for further information.  If you have any doubts or questions please contact us to discuss your issues.