Tax & Business Advice

Tax asset write off for Colac business. Sinclair Wilson can help.

How the tax man can help your Colac business to purchase new equipment

21/05/2019 by Andrew Morris in Finance, Mortgage Broking, News, Tax & Business Advice

The financial year, that is. And as it approaches, so too does the window to purchase new equipment or update a vehicle for your Colac business. Last year, the Federal Government introduced legislation that extended and boosted its small business instant asset tax write-off. This means that if your Colac business is eligible (speak to...

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Is your Warrnambool business ready for Single Touch Payroll?

What Single Touch Payroll means for your Warrnambool business

10/04/2019 by Mark Robson in Audit & Advisory, General News, News, Tax & Business Advice

Single Touch Payroll. Wonder what it means from your Warrnambool business? Sinclair Wilson can help. Single Touch Payroll, or STP as it becoming known, means that from 1 July 2019, every business that employs staff will be required to submit payroll information electronically to the Australian Taxation Office when they pay their employees. It mandates...

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ATT: Warrnambool business owners – Farewell Trading Names, Hello Registered Business

16/10/2018 by Sinclair Wilson in General News, News, Tax & Business Advice

From the end of October this year, trading names will be no more. The Australian Securities and Investments Commission (ASIC) and the Australian Business Register are retiring what we know as trading names, replacing them with business names. Don’t worry – it’s effectively old news This isn’t exactly breaking news, though. It’s been happening, bit...

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