Grange Business Partners

22

Nov

2014

Tax Deadline Approaching Fast

category: Accounting, Business, Tax

For those who lodge their own tax returns, the deadline for lodgement is fast approaching, the final date you can lodge your return without incurring a penalty being  31 October 2014. Filling out a tax return can seem like a daunting task, however, the Australian Taxation Office (ATO) has made it somewhat easier, with a

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15

Nov

2014

Working on the go: Why the Cloud is the way of the future

category: Accounting, Business

As technology advances further and further into the ‘green’, environmentally conscious and more immediate future, more and more small businesses are ditching paper and moving to the Cloud. Worldwide there are 10,000 baby boomers a day who are retiring. Generation X is moving into a phase in which they are starting to look towards their

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08

Nov

2014

Capital Gains Warning From The ATO

category: Accounting, Business, Tax

Recently the Australian Tax Office issued a warning against the use of trusts to return the proceeds from property developments as capital gains. Property development activities are generally considered an enterprise, requiring income resulting from these activities to be declared as business income. Declaring proceeds from property development as capital gains through a trust allows

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