News - Westcourt

Can I crowdfund my business?

Learn 24.11.2020

Can I crowdfund my business?

Crowdfunding is a new and evolving area for many business owners and their families. So the tax effect of crowdfunding is also developing (a few steps behind the process). So is my crowdfunding project taxable?

New high income threshold

Learn 20.11.2020

New high income threshold

The Fair Work Commission has increased the high income threshold for unfair dismissals from $136,700 to $138,900 per annum, with effect from 1 July 2016.

Small business company tax rate reduced

Learn 20.11.2020

Small business company tax rate reduced

The small business company tax rate has been reduced from 30 per cent to 28.5 per cent. The new lower rate applies to small businesses that are corporate unit trusts and public trading trusts.

ATO launches Super Scheme Smart

News 20.11.2020

ATO launches Super Scheme Smart

The Australian Tax Office has launched a new initiative called Super Scheme Smart to help educate individuals about the pitfalls of certain retirement planning schemes and how to protect their retirement nest egg.

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