Position Vacant for an Awesome Accountant!

Synectic 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 supporting personal growth

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2016-17 Federal Budget signals significant changes to superannuation

The Turnbull Government’s Federal Budget, delivered on 3rd May 2017, included the most significant structural changes to the Australian superannuation system since compulsory superannuation was first introduced. Pre-budget speculation had anticipated many changes, however some have gone much further than anticipated.

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2016-17 Federal Budget delivers tax relief for middle income earners

An increase in the middle tax bracket from $80,000 to $87,000 is long overdue and works to overcome the significant bracket creep issues of recent years.

 Gareth Atkins, Synectic

From 1 July 2016, the government will increase the 32.5% personal income tax threshold from $80,000 to $87,000.

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Small and medium business: the big 2016-17 Federal Budget winners

Delivering his first Federal Budget on 3rd May 2016, Treasurer Scott Morrison said that tax breaks have been given to small businesses first as they are “more likely to reinvest their earning and more likely to be Australian owned.”

Australian Small Business Ombudsman Kate Carnell says “… this year’s Budget certainly provides a framework for SMEs to grow and prosper.”

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Tasmania’s promising economic growth

Tasmania’s economy has grown equal-second fastest in Australia in the December 2015 quarter – equal with New South Wales (0.6%) and second only to Victoria (0.8%) – according to state final demand Trend figures released by the Australia Bureau of Statistics (ABS) this week. Seasonally adjusted figures also show solid growth (0.7%), placing Tasmania fourth in the nation behind Victoria (1.2%), NSW (1.1%) and the ACT (1.0%).

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Welcome Danny Hoare – another reason you can count on us

We are pleased to announce the appointment of Danny Hoare as a Senior Manager in our Launceston office.

Another of our Xero Certified Advisers, Danny has a particular interest in helping clients to employ technology to gain a competitive advantage. We are delighted to have Danny’s business advisory, taxation and cloud accounting expertise on our team.

Synectic’s new Xero Certified Advisors

Congratulations to Vaughn Whish-Wilson, Stephanie Jackson and Scott Mason on achieving Xero Certification this week, joining Kurtis Alexander and Fiona Muir as Xero Certified Advisors,

The comprehensive course has given them a thorough understanding of the functionality and features of Xero so they can better advise clients on how to get the most from the system. If you’d like to discuss Xero with one of our experts we encourage you to get in touch. You can also learn more about Xero here.