Contact details
- Phone61 (02) 8249 4478
- Fax61 (02) 8249 4915
- EmailEmail us
- AddressBentleys MRI Australia Limited
Level 3
3 Spring Street
Sydney NSW 2000
Bentleys Bulletin
Welcome to the latest edition of Bentleys Electronic Bulletin. Thank you for taking the time to read the articles included in this edition.
If you have any comments to make, we would love to hear from you. You can do this by using the feedback button in the bulletin.
Yours faithfully
THE BENTLEYS TEAM
Culture Is Important!
There are many attributes to creating a successful long-term business. No one attribute makes a successful business, but a combination of attributes will significantly contribute to long-term successful business performance.
Compliance Matters
Some important compliance information from the tax office. The cash economy and businesses, excess superannuation contributions, minors and the tax-free threshold and overpaid income tax instalments.
Business Establishment Costs
In two separate but related Interpretative Decisions, the Tax Office states the deductibility of business establishment costs for a proposed business to be carried on.
The latest on SMSF
The latest rulings from the Tax Office on self managed super funds. Trustees giving financial assistance to a member of a fund and the application of the sole purpose test in the superannuation legislation.
Bonuses and Superannuation Guarantee
In a recent case, the AAT has affirmed the Commissioner’s decision that bonus payments paid by an employer to its employees should be taken into account when calculating the employees’ superannuation guarantee.
Tax Compliance Program 2008/09
The Commissioner has released the Tax Office Compliance Program 2008/09, which sets out the Tax Office’s compliance priorities for individuals, micro enterprises, small businesses and superannuation for that year.