Superannuation Contributions
March 6, 2014Read moreSuperannuation Contributions There are two types of superannuation contributions paid to a superannuation fund concessional and non-concessional contributions. Concessional contributions include employer contributions (including contributions made under a salary sacrifice arrangement) and personal contributions that are claimed as a tax deduction by a self-employed person. The concessional contributions cap...
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SMSF Audit – 7 things you need to ask your auditor
January 28, 2014Read moreNeed an SMSF Audit? We can help. McFillin Accounting Accountants are your SMSF audit specialists and offer unparalleled expertise and attention to detail. We are accredited self managed fund auditors and can accommodate audits of all sizes to ensure that your fund is compliant with ATO rules. Whilst ongoing auditing of your...
Personal Properties Security Act – Why does it matter?
January 28, 2014Read moreRead about why the Personal Property Securities Act is important for buyers, lenders and investors from a business accountants view. The Personal Property Securities Act and the PPSR was enacted to establish a priority scheme in relation to “security interests” held in personal property such as vehicles, equipment etc (i.e...
Planning your Estate? Perhaps a Testamentary Trust can help…
January 28, 2014Read moreHow you structure your trust, will and estate can all have an impact on those you leave behind. Testamentary trusts have many advantages… What is a Testamentary Trust? A testamentary trust is a trust created by a valid will that is distinct, at least for tax purposes, from a deceased...