Entries by harvest-staff admin

Budget 2018-19

The Honourable Scott Morrison handed down his third Federal Budget on Tuesday night. Please see below some key points of the budget: $20,000 Small Business Instant Asset Write Off Extension The ability for small business entities to claim an immediate deduction for assets costing less than $20,000 has been extended until 30 June 2019. Personal Income Tax […]

Scams Targeting ASIC Customers

Scammers pretending to be from ASIC have been contacting Registry customers asking them to pay fees and give personal information to renew their business or company name. Warning signs the email is not from ASIC An email is probably a scam and is not from ASIC if it asks you: to make a payment over […]

Warning – ATO Payment Arrangements

In the past HYD have been very successful in negotiating with the ATO on behalf of our clients to enter into payment arrangements in respect of outstanding; business and personal taxes and BAS. The ATO have changed their policy in recent months and as a result it is becoming increasingly difficult for HYD to get […]

Single Touch Payroll

Single Touch Payroll (STP) – the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO – comes into effect from 1 July 2018. FOR EMPLOYERS Employers with 20 or more employees at 1 April 2018 must use standard business reporting-enabled software from 1 July 2018. The head count for […]

Create a Surplus Income

Managing your personal cash flow is critical. The basic message here is that you need to make sure that you earn more than you spend. It is surprising how many people spend more than they earn and even more surprising how many people just don’t know they are in that position. The starting point is […]

Thinking of buying or selling property?

NEW TAX LAWS TO BE AWARE OF New rules have been introduced as a means of preventing foreign residents avoiding tax when selling Australian real estate. WHAT ARE THE RULES? New tax law applies to clients buying or selling property with a market value of $750,000+ from 1 July 2017 (previously the threshold was $2 […]

HYD Business Tips No#1

In each newsletter we are going to supply business tips from HYD Advisory. These tips have been developed from years of business experience and dealing with hundreds of businesses. TIP No# 1. Pay Yourself First and Tax Effectively – Business Owners Do you find it difficult to save, despite your best intentions to do so? […]

The Ten Best Ways To Attract Investors

Article from Brent Gleeson – Forbes Magazine As an entrepreneur, the biggest challenge you might face right out of the gate is raising money for the first time. It’s not easy to get investors to put their money and their faith in you, but it’s definitely possible. Here are some tips…. Network, network, network. You […]