Butlers Blog

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

Beware of Scammers

Wednesday, 13 November 2019   
Beware of Scammers

The ATO is warning tax payers to be on high alert to scammers. the ATO has seen an increase in scam phone calls, especially those using software that resembles a legitimate phone number to disguise the caller’s true identity.. The ATO urged people ...

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Super Downsizer scheme: common errors

Wednesday, 13 November 2019   

The super downsizer scheme commenced on 1 July 2018 and has allowed older Australians to sell their homes and contribute up to $300000 of hte proceeds from the sale into super. Recent figures from the ATO show more than 5000 Australians have made th...

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The SMSF Investment Strategy explained

Wednesday, 13 November 2019   
The SMSF Investment Strategy explained

The majority of people who set up their own SMSF say that "control" is a big reason for doing it. There is flexibility and benefits in running their own superannuation fund, but it is also a big responsibility to make sure you fund grown and provides...

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Donations and their Deductibility

Monday, 24 June 2019   
Donations and their Deductibility

With tax time fast approaching, all tax payers are looking for ways to minimise their tax bill. One fantastic way to do this (and do your part for the community) is with donations. Yes, donations are tax deductible! But be careful who and what...

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2019 End of Financial Year Checklist

Wednesday, 8 May 2019   
2019 End of Financial Year Checklist

Effective planning and preparation is critical for all taxpayers as the end of financial year approaches. The good news is at Butlers Accountants weares here to support you so you don’t have to do all of the heavy lifting yourself. This is the perfect time of the year to seek advice from our accountants to maximise your tax savings for 2018-19 and start planning fresh for next year.

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Further extensions for Instant Asset Write -off

Wednesday, 8 May 2019   
Further extensions for Instant Asset Write -off

The Instant Asset Write-Off Scheme has been extended to 30 June 2020 for assets purchased under $30,000. The scheme affects small to medium businesses with a turnover of up to $50 million a year, allowing business owners to immediately deduct asse...

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