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Good news for business with three taxes axed

Good news for business with three taxes axed

15 June 2016

The NSW government have confirmed they will axe three business taxes from 1 July 2016.

Ahead of the state budget, NSW Treasurer Gladys Berejiklian confirmed the government will be scrapping business mortgage duty, a tax which is imposed on a business mortgage when it is used as security for another business transaction.

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Ladies, handbags can be tax deductible

Ladies, handbags can be tax deductible

15 June 2016

The Australian Tax Office (ATO) has confirmed that handbags used for work are tax deductible in certain situations.

Reports suggested the ATO makes it easier for men to claim deductions for briefcases than it does for women to claim for handbags.

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Understanding superannuation and the federal budget

Understanding superannuation and the federal budget

14 June 2016

Superannuation was front and centre in this year’s Federal Budget with the Government announcing numerous tax reforms to improve the sustainability, flexibility and integrity of the superannuation system. Many of the changes will be effective from 1 July 2017, others were immediate. We discuss some of the major changes announced below however, it is important to remember that these announcements have not yet been legislated:

Non-concessional contributions

The most significant and immediate change is the introduction of a $500,000 lifetime cap on non-concessional contributions effective from 7:30pm on 3 May 2016 (budget night). 

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Keeping our kids in the country - Boyce Accounting Cadetships

Keeping our kids in the country - Boyce Accounting Cadetships

13 June 2016

Why would you want to join the Boyce Cadetship Program? Well, there are lots of reasons! It will kick start your career and provides generous financial support through textbook allowance and paid study and exam leave, but most importantly, you get a clearly defined career path.

Our Cadetship Program is designed for students who live in regional NSW and are undertaking a degree in a related field such as commerce, economics, business or accounting. Cadet’s gain valuable practical on the job experience whilst completing their degree.

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Country Education Foundation - an investment in the future of rural and regional Australia

Country Education Foundation - an investment in the future of rural and regional Australia

10 June 2016

The Boyce culture is one of care, not just for our clients and our staff, but also for the communities in which we live and work. 

As a way of formalising our commitment to ensuring we make a positive contribution, we established the Boyce Corporate Social Responsibility (CSR) program.

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