August 2012 Newsletter

In this edition:

Welcome

Buying an asset: what is the best way to finance it?

Directors be aware of company unpaid super

2012 post year end checklist

Claiming work-related expenses

Are you entitled to an age pension?

Goodwin Chivas & Co. Newsletter, August 2012

Welcome to our August newsletter. This month we look at the various finance options available when buying an asset and the tax and GST implications of each.

Company directors need to be aware of new obligations regarding superannuation and pay as you go withholding. Directors are now personally liable for these company obligations when they are more than three months overdue. Our article outlines the changes and provides information on what directors need to do.

Our post year end checklist provides a run-down of all the key dates that passed in July - please contact us if you have any concerns about deadlines you may have missed.

If you're unsure about what you can claim as a tax deduction for work check out our article, claiming work-related expenses Finally, we provide the income and assets test information to help you determine if you are entitled to an age pension.

You can read the articles by selecting them from the menu at your left or click on the links in the text above.

Our aim is to make better use of your time and keep you updated on matters affecting your business and family life. If you have any questions from any of the articles please contact your Manager or Partner at Goodwin Chivas & Co.

The Goodwin Chivas & Co. team