Yearly Archive: 2013

Government Tax and Superannuation Update

08/11/2013 by Wayne Promnitz in Superannuation, Tax & Business Advice

On Wednesday 6 November 2013, the Treasurer, the Hon Joe Hockey MP, and the Assistant Treasurer, Senator the Hon Arthur Sinodinos AO, announced the Government’s decision to abandon some of the previous Government’s tax and superannuation proposals.  The announcement also indicated which of the former Government’s unlegislated proposals the new Coalition Government would proceed with....

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Peter’s Project Target $5 Million

16/10/2013 by Sinclair Wilson in Sinclair Wilson in the Community

Sinclair Wilson are proud supporters of the Peter’s Project which is raising funds to attain radiotherapy and a regional cancer centre for the residents of South West of Victoria and the South East of South Australia. For more information about the project and how you can support by making a donation, visit About Peter’s...

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Yes, the Mac is back!

05/08/2013 by Sinclair Wilson in General News

Sinclair Wilson partner Chris McDonald has returned to work following a nine month fight with multiple myeloma (Bone Marrow Cancer). Chris is now in remission after months of intensive chemotherapy and a successful stem cell transplant. The Sinclair Wilson philosophy “For Strength in Numbers” was shown during Chris’ absence with the partners and staff from...

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Accountant Rea “In a New Paddock”

04/07/2013 by Sinclair Wilson in General News

One of Sinclair Wilson’s senior partners, Michael Rea retires from July 1, 2013. Michael Rea, who is an avid horse racing enthusiast, advisor and successful horse breeder, could be said to have “put himself out in the paddock”. Alternatively, in continuing the Rea family’s strong farming tradition in the Wangoom area, Michael may really be...

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Appointment of new Partner

03/07/2013 by Sinclair Wilson in General News

The future direction of Camperdown’s branch of Sinclair Wilson Accountants and Business Advisors has been shored up with the appointment of a new partner. David Maher, who has been an integral part of the branch for the past decade, joined stalwart Tony Davis in the role of partner at the branch earlier this month. Mr...

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Self Managed Superannuation Fund Investment Strategies

21/05/2013 by Sinclair Wilson in Superannuation

Measures have recently been introduced to make amendments to the SIS Regulations that govern your Self Managed Superannuation Fund (SMSF), which cover the next group of changes from the Stronger Super recommendations. There are two amendments relating to SMSF Investment Strategies that will commence in the 2013/2014 financial year: Trustees of SMSF’s will now have...

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Proposed Changes to Superannuation

20/05/2013 by Sinclair Wilson in Superannuation

On Friday, 5th April 2013, the Government announced details of its proposed changes to the current superannuation legislation. Whilst attracting significant media attention, it is important to note that at this stage, they are only proposals and must have legislation passed before they become law.  This leaves some question over the final outcome – some...

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Superannuation Guarantee increase to 9.25% from 1st July 2013

17/05/2013 by Sinclair Wilson in Superannuation

In May 2010, the Government announced that the level of compulsory employer superannuation contributions were to gradually increase from the current rate of 9% of ordinary times earnings to 12% of ordinary times earnings by 2019 / 2020. This became law in March 2012 and the first increase to Superannuation Guarantee (SG) contributions will be...

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