Insights
Summer
edition
of
Clarity
out
now
Insights
As another financial year approaches, now is the time to review your tax affairs. General Housekeeping tips Review debtors ledger and physically write off bad debts before year end. Review creditors ledger to ensure all unpaid suppliers’ invoices have been recorded.Review depreciation schedule and write-off any assets no longer held...
Insights
Quite often, the terms ‘equity’ and ‘equality’ are used interchangeably, however there are subtle yet important differences that are useful to understand as we – as individuals and as organisations – seek to attract and retain talented people, and advance as employers of choice. The Cambridge Dictionary defines equity as...
Insights
Five superannuation changes effective 1 July 2022 In this year's Federal Budget, the Morrison Government announced its proposal to extend the 50% reduction to minimum pension drawdown requirements into the 2023 financial year. While the announcement remains a proposal only, we take this opportunity to outline five superannuation changes which...