Succession and Estates

Cash flow is the lifeblood of any business, and nowhere is this more understood than in Perth’s bustling commercial scene.  With the deep knowledge of Westcourt as a business tax accountant in Perth, you have an arsenal of cloud accounting software programs to manage debtors effectively.    An SME would not use every Xero cloud accounting […]

From the start of the financial year obligations on employers will change regarding the superannuation guarantee obligations. So it is critical that your payroll and HR system is current because the current penalty regime for missed (and late) super guarantee payments is severe. Further, the mere catch-up payment of late superannuation obligations is not enough. […]

Sadly taxation is a major expense for most families and the businesses that they own.  And a clear tax planning strategy is essential for anybody wanting to create an enduring legacy. We have gone through a few strategies that we commonly use for the families, and the businesses they own, use. Of course – there […]

If we're looking at fringe benefits tax, where we try and talk about it existing with other taxes is this concept of a reportable fringe benefit

The ATO has recently provided recommendations for self-managed super funds (SMSF) trustees with related party LRBAs that are lodging before the 31 January 2017 compliance deadline. The Tax Office stated that the relevant income of an SMSF is considered NALI (non-arm’s length income), and should be reported as such in the SMSF’s 2016 annual return, […]