Butlers Blog

The latest articles about taxation, business, superannuation and more...

How does the Federal Budget 2017-18 affect you ?

Wednesday, 10 May 2017   

Federal Treasurer, Scott Morrison, delivered the Federal Budget on 9 May 2017.  The Government's revenue measures are heavily tied to big banks and wage earners, with spending measures designed to achieve fairness and opportunity.  As with ...

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2017 Year End Tax Tips

Thursday, 4 May 2017   

With the end of another Financial Year fast approaching - here a few things to consider to maximise your planning for the year end. Capital Losses Selling poor performing assets may enable you to bring forward a tax loss that can be offset against...

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Queensland Small Business Digital Grants Available

Tuesday, 14 March 2017   

The Queensland Government has made grants of up to $10000 available to all Queensland based eligible small businesses to fund enhancing digital capabilities for your business. Some areas funding will be provided include: 1. Content Development - for...

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Transferring a business premises to an SMSF

Tuesday, 31 January 2017   

Transferring a business premises to an SMSF definitely has its advantages but understanding the negatives is crucial. While the merits of SMSFs holding direct property investment continue to be debated, most agree there are real benefits in busin...

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ATO Tax traps List

Thursday, 15 December 2016   

The Australian Tax Office (ATO) often focuses on specific behaviours, characteristics and tax issues that are suspicious and can lead to investigations. Due to enhancements in technology, the ATO has expanded its data matching capabilities which have...

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Why You Need to Pay Your Super Obligation on Time !

Thursday, 15 December 2016   

So many businesses pay their super guarantee liability on the due date (or worse, days after). This could be due to cashflow, failing to plan ahead or simply just forgetting about it. However, you need to be aware that late payments (even by one day)...

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