The Grape Vine

Advice, Prompted by Discovery

Accessing Drought Support

Government agencies will be visiting towns to assess individual situations and provide assistance accessing drought support. Even if you are in doubt, please go long to talk to agencies about your situation.   ...

  • Feb 27, 2019
  • principlefocus NSW
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Drought Transport Subsidy Increase

Great to see a further increase to the Drought Transport Subsidy which has been increased by $10,000 to $40,000 for the period 1/01/2018 to 30/06/2019. Check the NSW Rural Assistance Authority website for all the details. Note...

  • Feb 21, 2019
  • principlefocus NSW
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TaxWise Business Newsletter - February 2019

The February TaxWise Business newsletter includes - • What the ATO is seeing in the small business market • Motor vehicle expenses - how to get them right • Disqualifying directors of phoenix companies • Small business income tax offset • Instant asset write-off for...

  • Feb 08, 2019
  • principlefocus NSW
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Getting the most out of Xero’s Add On App Market Place

Is your business getting the most out of Xero’s Add-On App MarketPlace? Apps within the Xero Marketplace (otherwise known as Xero Add-Ons) are designed to save businesses time and money because data from other systems are...

  • Feb 05, 2019
  • principlefocus NSW
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Three Financial Mistakes Made by Many Businesses

Many of our clients tell us that they got into business to make more money, achieve a better lifestyle, or simply because they felt they could do a better job than their old boss. Although...

  • Feb 05, 2019
  • principlefocus NSW
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Goals, Strategy and Plans: The Vital Fuel for Businesses

Many businesses (and certainly many of our clients) find themselves busy with the day-to-day selling, paying bills, marketing, hiring and firing, talking to the bank, managing the office and so on. They know they should...

  • Jan 14, 2019
  • principlefocus NSW
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On-farm emergency water infrastructure rebate scheme for NSW

In October 2018, Prime Minister Scott Morrison announced $50m to fund an on-farm emergency water infrastructure rebate scheme to provide financial help to primary producers in drought-affected regions. Eligible primary producers can claim a rebate of...

  • Jan 14, 2019
  • principlefocus NSW
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Christmas and Fringe Benefits Tax

Everyone loves Christmas. A time for family, a time for celebration, a time for rest and reflection. It can also be a fabulous time for the Australian Taxation Office where decisions are incorrectly...

  • Dec 10, 2018
  • principlefocus NSW
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Business Tax Newsletter November 2018

The November TaxWise Business newsletter includes; Borrowing from your business? Find out how you might be triggering the Division 7A rules Is your business car available for private use? ...

  • Nov 07, 2018
  • principlefocus NSW
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