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 A wide range of proposed changes to the tax system have been proposed by the Federal Government and are likely to directly impact SMEs. We ask Saber Accountants for advice to business owners on each of the proposed changes. Superannuation guarantee to rise from 9 per cent to 12 per cent by 2020. As the changes will be implemented in increments of 0.25 per cent in the first two years and then by 0.5 per cent each time until the year 2020, this will give SME’s able opportunity factor…

Gold Coast Bulletin, Bizzy Bits, 6 December 2010; HICKEY Lawyers' owner-partner Dan Marino has once again shown his acumen for making money for charity. His recent Gold Coast Lads Lunch raised more than $30,000 for the Perry Cross Spinal Research Foundation - with a little help from one of Mr Marino's colleagues. St John Lord, an associate at the firm splashed out $3750 at the auction for a surfboard signed by the late Andy Irons, the highest price paid for an item on the day. Mr Marino boug…

Everyone had been looking forward to this social day and why not, the location was the beautiful Couran Cove in South Stradbroke Island. Arriving at 7:45 am and taking an early morning ferry ride. It was in the ferry we watched a video conveying of all the activities we would be participating in. Already we were strategising on how to beat our opponents just from the video. Upon arrival we met our tour guide Travis. It was from here we each hired out bikes, to ride around the whole island for …

With the financial year ending June 30, now is the time to sit down with your trusted adviser to discuss tax saving options for your business. Director of Saber Chartered Accountants Jenan Thorne says tax planning is essential aspect to wealth creation. Tax minimisation is when a tax payer legitimately arranges their affairs to reduce the amount of tax they pay. It complies with both the letter and the spirit of law. Tax planning is an essential part of wealth creation. Structuring salary, supe…

Gold Coast Business News Magazine, Australia, February 2010   Lending Conditions Obtaining finance in 2010 will continue to be as difficult as the banking sector prepares for regulatory charges under APRA's proposed alteration of the liquidity rules, coupled with the changes being introduced by the Basel Committee on Banking Supervision. These changes will no doubt apply pressure on financial institutions to reduce credit availability and to pass on interest rate rises to borrowers. Pr…