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Latest News from Accru Melbourne
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Accru Tax Alert – December 2020
Taxation Developments Take a look at our December snapshot of taxation developments that may affect your business, investments or superannuation. Please do not hesitate to contact us should you need further advice. Coronavirus Supplement extended (but reduced) The Federal Government’s Coronavirus Supplement has been extended for a further three months. The Supplement payments were due […]
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Pressures and uncertainties on the Aged Care Industry
The unprecedented event of COVID-19 has changed many aspects of all industries and is forecasted to have long-term implications in the foreseeable future. Given the high risk and volatility within the Aged Care industry, there is a greater unexpected pressure that could be unavoidable. Currently, the Royal Commission is focused on improving the health and […]
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Private Ancillary Funds
A more formalised philanthropic focus as part of your financial position. Australians are well known as very generous and giving individuals; no better example of this being the support and monetary donations Australians have provided to communities and charities during the recent bushfires across the country. The Australian Taxation Office (ATO) reports that the total […]
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Accru Tax Alert – November 2020
Taxation Developments Take a look at our snapshot of taxation developments that may affect your business, investments or superannuation. Please get in touch if you need our help. Read More
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Releasing money from Super and Tax
Preserved Benefits All contributions and investment earnings received by a Super Fund are classified as what they call ‘Preserved Benefits’. This means that they are not available for access until a ‘condition of release’ occurs. This is the trade-off of Superannuation – you enjoy the favourable tax treatment of super during your life (15% tax […]
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Premium Structure: Getting it Right from the Start
The structure of the insurance premium chosen will dictate its initial cost, as well as the total cost over the lifetime of the policy. Not all premium structures are available from all Insurers. Retail Insurers will generally offer level or stepped premium structures, with some offering a hybrid option (due to recent legislative changes, […]
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Changes to VRQA requirements for Independent Schools
Our education sector regulator the Victorian Registration and Qualifications Authority (VRQA) has recently amended the guidelines for minimum requirements for Independent Schools. There are numerous changes as outlined in the latest guidelines which can be found here. Amongst the various changes is the requirement for the school’s business plan to be validated by an ‘independent’ […]
