Rogerson Kenny Business Accountants Melbourne

July Edition - 07/07/09 In this issue: How Well Do You Know Your Business? Tax Office Helps Small Businesses Changes to Payroll Reporting Investment Allowance Continues Effective Waste Management Employees' Tax File Numbers Research & Development Expenditure - Companies	Rogerson Kenny Business Accountants Melbourne Business Plus+ Newsletter - July Edition Welcome to the July Edition of Business Plus+, the newsletter for business owners. We hope you enjoy this monthly newsletter we will be sending out. If you have any feedback, please feel free to contact us. Business Plus+ newsletters will provide not just accounting information but information to help you improve the performance of your business. Please feel free to contact us for more information on any of the topics mentioned in this month's newsletter. All the best, The Team at Rogerson Kenny How Well Do You Know Your Business? The start of the new financial year is an appropriate time to take stock of the position your business is in at present. This month you could ask yourself, "How well do I know my business?". To start this process, we've prepared a checklist... Click here for more information. Top Tax Office Helps Small Businesses The Australian Taxation Office has announced that they will offer a 12 month interest holiday on $6.5 billion in tax debt owed by SMEs and defer all tax payments by SMEs. The tax breaks will be available to small businesses with annual sales of less than $2 million... Click here for more information. Top Changes to Payroll Recent changes in payroll reporting by Australian Government legislation has meant that salary sacrifice decisions now have to be recorded in more detail by employers, and employers need to supply information on the salary sacrifice arrangements to the Australian Taxation Office... Click here for more information. Top Investment Allowance Continues The Investment Allowance continues, but there are changes for businesses with a turnover of over $2 million... Click here for more information. Top Effective Waste Management Current difficult trading conditions have highlighted the necessity for manufacturing and trade businesses, in particular, to cut waste and minimise costs for the client. Many manufacturers have adopted the 5 'S' System, a structured systematic approach to housekeeping... Click here for more information. Top Employees' Tax File Numbers A reminder that employers have a responsibility of submitting employees' tax file numbers to the employees' nominated superannuation fund. If the tax file number is not notified to the superannuation fund, the Australian Taxation Office will impose tax at 46.5%.... Click here for more information. Top Research & Development Expenditure - Companies If you have undertaken research and development projects exceeding $20,000 in aggregate during 2008-09, then you are able to register with AusIndustry prior to 30th April 2010 to claim aggregate research and development expenditure at 125% and, in some cases, at the higher rate of 175%... Click here for more information. Top
Rogerson Kenny Business Accountants - P.O. Box 323 Mt Waverley Victoria 3149 Ph: (03) 9802 2533 F: (03) 9802 0590 E: mail@rks.com.au
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P. (03) 9802 2533 F. (03) 9802 0590 E. mail@rogersonkenny.com.au Suite 13, 241 Blackburn Road Mt Waverley, VIC 3149