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Reviewing Salary Sacrifice Agreements

8 August 2021

Recent changes to superannuation contribution caps and the superannuation guarantee means now is a good time to review your salary sacrifice agreement.

These changes came into effect 1 July 2021 and existing agreements may need to be revised to maximise your concessional contributions or ensure you don’t exceed contribution caps.

If you’re interested in reviewing your salary sacrifice arrangement, contact your local Boyce representative.

NSW COVID-19 Support Package

21 July 2021

There are a number of grants and payments available for businesses, sole traders or not-for-profit organisations in NSW who have been impacted by COVID-19. Find out what's available and if your business is eligible here

There are frequent updates from the NSW Government regarding COVID-19 grants and support available. A full list of support currently available for NSW can be found here.

We suggest that you keep up to date with COVID-19 information released from the NSW Government as it is updated frequently. Visit their website here.

Xero Price Change

25 June 2021

Price Increase to Xero Subscriptions

Xero have announced a price increase due to offering increased functionality in the application. The increase will be effective from 23 September 2021 excluding Cashbook plans which will increase from 16 March 2022.

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10 Tax Tips for 2021

24 June 2021

As tax time approaches, our tax team has put together some helpful information for you for that 30 June deadline.
Please note that the following is general information only and taxpayers should seek detailed advice from their accountants before undertaking any strategy.

To follow is information on the following topics:

  1. Capital Gains Tax (CGT)
  2. Prepaid Expenses
  3. Bad Debts
  4. Uncapped Immediate Write-off for Depreciable Assets
  5. Superannuation Contributions
  6. Single Touch Payroll (STP)
  7. Company Tax Rate Change and Dividends
  8. Division 7A Loan Agreements and Minimum Repayments
  9. Individual Tax Rate Changes
  10. Non-complying Payments

Each topic includes a link to the ATO website for more information.

 

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Superannuation Changes from 1 July 2021

24 June 2021

Changes to superannuation will be taking effect on 1 July 2021.
We have outlined the key changes and information for you.

Read more >