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When it comes to getting finance for your new business vehicle/equipment there are so many different options and things to consider. Here are some of the things you may not know and may help you with your next car purchase. 1. Shop around for your car and your finance: Most of you would have seen…

Having a business plan is about taking on risk for future success. Business owners take on risk by leaving steady employment, using their own capital and taking out debt to create a future income stream that will far exceed what can be earned by working for someone else. Business Initiatives recognises this, and we value…

From 1 July, a 10% non-final withholding tax will apply to all Australian real property sales with a market value of $2 million or above, unless a clearance certificate is obtained. Selling property with a market value of $2 million or above: Australian residents – need to obtain a clearance certificate from the ATO, and provide…

Another financial year comes to a close. 2016……I remember the millennium like it was yesterday (that’s a little scary)! The outcome of the Federal Election on Saturday will hopefully end the uncertainty many of our clients have reported in respect of the proposed Budget changes. These changes (if passed) particularly effect middle income earners, small…

The budget is fast approaching and although the Liberals have remained tight lipped on their proposals a few possible changes have slipped through the cracks. With the release date being brought forward to 3 May 2016, Super Initiatives urges clients to take action beforehand.    Possible Changes: Contribution caps may be reduced Tax on concessional…