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Government takes action to address superannuation guarantee non compliance

The Government will seek to legislate a key recommendation of the Superannuation Guarantee Cross‑Agency Working Group to close a loophole that could be used by unscrupulous employers to short‑change employees who choose to make salary sacrifice contributions into their superannuation…

Get set for a 3.3% increase to minimum wages – 2017 Annual Wage Review

The Fair Work Commission (FWC) has announced a 3.3% increase to minimum wages. The increase applies from the first full pay period starting on or after 1 July 2017. The new national minimum wage will be $694.90 per week or…

Tax time 2017: Sharing economy, dodgy deductions and property investors face ATO crackdown

UBER drivers and property moguls, watch out. The tax man is coming for you. As the end of the financial year looms, the ATO is drawing up a “hit list” of taxpayers set to receive special attention for fudging their…

Federal Budget 2017

The Treasurer, the Hon Scott Morrison, has handed down his second Federal Budget in Canberra overnight. He spoke of this Budget being about fairness, security and opportunity with the Government focussing on guaranteeing essential services, tackling the cost of living…

2017-18 Federal Budget

With the budget handed down last night, here are some of the key measures which may be of interest to you. This is a good summary - it is not intended to be a comprehensive analysis. In regard to negative gearing,…

Superannuation Contribution Caps & Key Changes effective from 01 July 2017

In the May Budget the Government announced it was making changes to super. Since then they have reviewed and announced changes to their original plans. These come into effect on 1 July 2017. The key changes announced include: Annual concessional contribution…

Federal Budget 2016

The Treasurer handed down Budget 2016-17 at 7.30pm on Tuesday 3 May, 2016. See below a short summary of some of the key changes that affect business and superannuation: Business Change Impact Start date Notes Business Tax Cut Tax rate reduced…

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Your time is a valuable commodity

Do you find yourself making time for business planning, bookkeeping and other tasks that fall under the daily grind of business management? Get back to what you are passionate about doing, and leave the rest to Horwood Partners in Sydney.…

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Tax Risk Management

At Horwood Partners, the way that we structure our financial advisory services allows us to cater for a wide variety of businesses in tax risk management. The risks associated with tax can impact all aspects of a business directly, and…

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Seamless taxation compliance services

For many businesses, taxation can be a stressful element of business operations. With Horwood Partners we help you focus on growing your business and doing what you do best, and we can manage the rest. Covering every aspect of taxation…

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