Personal insurances are designed to provide protection from the financial consequences of death or disability. They therefore form an important part of most financial plans. Here, in brief, is how they work.
Personal insurances are designed to provide protection from the financial consequences of death or disability. They therefore form an important part of most financial plans. Here, in brief, is how they work.
The Fair Work Commission has announced a 3.0% increase to minimum wages following its 2019 Annual Wage Review.
The end of the tax year is edging closer. If you haven’t planned how you will maximise your income and save some tax, take note! The most effective strategies are often the simplest and can be applied before 30 June this year whilst others should be considered for next year.
| 21 April |
Lodge and Pay March 2019 monthly business activity statement |
| 28 April |
Lodge and Pay March 2019 quarterly business activity statement if lodging by paper Make super guarantee contributions for March 2019 quarter by this date |
Your business must be independent of any one individual if you want your business to thrive in the marketplace on a long-term basis.
New penalties for business’ Pay As You Go (PAYG) withholding and reporting obligations will commence 1 July 2019.
Tuesday night’s Federal Budget, delivered a month early in anticipation of the upcoming Federal Election, contained a variety of measures across taxation, superannuation, social security and aged care that will affect many of our clients and their financial plans. Please note that these proposals are not yet legislated, and as always, the team at AGS Financial Group are well placed to advise you on your strategic options as these proposals progress.
Small businesses with cash flow problems put themselves at risk of failing or suffering financial hardship.
| 31 January |
Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 2, 2018–19. |
| 21 February | Lodge and pay January 2019 monthly BAS |
| 28 February |
Lodge and pay December 2018 quarterly Activity Statement Lodge and pay income tax return for newly registered Self Managed Superannuation Funds |
Small to medium businesses are to be affected by proposed tax changes to the Shareholder Loan rules in Division 7A. The changes are expected to apply on 1 July 2019.
Financial planning, corporate benefits and mortgage services are provided by AGS Financial Group Pty Ltd ABN 70 093 990 946, an Authorised Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 (AMPFP), AFS Licence No 232706. Accounting, taxation, and business advisory services are provided by AGS Accounting Pty Ltd ABN 12 166 728 696. AGS Accounting Pty Ltd is a member of Chartered Accountants Australia & New Zealand. Liability limited by a scheme approved under Professional Standards Legislation.