Entries by synecticgroup

Position Vacant for an Awesome Accountant!

ynectic are experiencing rapid growth, particularly in advisory services, and are seeking an awesome accountant who is motivated to be an integral part of our success.  Work with some of Tasmania’s most successful businesses, family groups and high-net-worth individuals  Join a team where your individuality and contributions are valued  Progress your career with individual mentoring and a focus on […]

Tax rates and thresholds 2016-17

To save you having to search for the right tax rate or relevant threshold this tax season, we’ve put all the relevant information in one place. Our guide includes tax rates, offset limits, benchmarks, rebate levels, allowances, superannuation and fringe benefit tax rates and thresholds, student loan repayment rates and salary levels.

Considering a change of structure for your small business?

The final tranche of 2015 small business budget announcements have made it into law, now expanding the tax relief available for small businesses to change the legal structure of their business. This new arrangement is designed to provide greater flexibility for small businesses to change legal structures without incurring an immediate CGT liability, and allowing […]

Work-related travel expenses: Why are they on the ATO’s radar?

Many people, as employees, get their tax returns wrong in relation to claiming work-related travel expenses. The absence of hard and fast rules can makes claiming travel expenses difficult. Often the deductibility of such costs can depend on the nature of employment, the amount of time spent away from home, and whether an allowance has been received to cover the costs.