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Elizabeth Timmins named Boyce 'Employee of the year'

Elizabeth Timmins named Boyce 'Employee of the year'

14 November 2011

The Managing Director of Boyce Chartered Accountants, Bernard Kennedy, recently announced Elizabeth Timmins as the winner of the firm’s employee of the year award for 2011. Elizabeth was selected by the judging panel as a stand-out winner of the award in recognition of her extraordinary contribution to the firm over more than 17 years. 

The employee of the year award was initiated by the firm’s leadership group in 2008 to honour fellow Director and friend, the late Tony Quirk. Tony joined Boyce in 1991 and went on to become the youngest-ever Director appointed in the firm. Tragically he died prematurely at the age of 34. 

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2011 'Top 25' Worst passwords on the web

1 November 2011

Passwords such as “password” and “123456” are both on the list of the 25 most common passwords used on the Internet this year, according to SplashData, a leading provider of password software for more than 10 years. 

Other common passwords include “iloveyou” and “111111”, and patterns based on the layout of the keyboard like "qwerty" and "qazwsx." With an increasing number of sites requiring more complex passwords, some letter and number combinations like "abc123" and "trustno1" are being used more often. 

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BFS Wins major industry award

1 November 2011

Boyce Financial Services (BFS), the financial advisory division of Boyce Chartered Accountants, was recently awarded the prestigious “Lonsdale Associate of the Year” award. 

Lonsdale Financial Group supports a network of more than 100 financial planning practices and 250 financial advisors from across Australia. The “Associate of the Year” award is bestowed annually to a practice judged on continuous business growth and success over the preceding 12 months.

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Investing in shares and buying mangoes

1 November 2011

Mangoes, just like other fruit and vegetables have a pricing cycle; they are cheaper at certain times of the year compared to others. During the cheaper times, they are in season, they usually taste better and we happily buy them. When they go out of season, they become more expensive, not as tasty and we don’t touch them. 

While company share prices are not driven simply by supply, we seem to like them more when they are expensive rather than when they are cheap. Investors often seem to have this weird habit of buying shares after a few years of rising prices – when they are expensive. These same investors then tend to become fearful of shares and sell them after their price has fallen – when they are cheap. 

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Making the most of your rental property

1 November 2011

With more and more people choosing to invest in residential property, understanding the obligations and entitlements of receiving rental income is very important to ensure that you get the best return from your investment. 

The Australian Taxation Office (ATO) has recently released the 2011 Guide for Rental Property Owners and also held a series of seminars to discuss with tax practitioners the various issues relating to the taxation of rental properties. 

Below we look at some of the less well known deductions and entitlements in relation to residential rental properties. 

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