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North Advisory Accountancy Blog

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Catch-up concessional superannuation contributions

Posted November 21, 2016 by North Advisory

This proposed measure will allow individuals to make additional concessional superannuation contributions in a financial year by utilising unused concessional contribution cap amounts from up…

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New considerations for non-concessional contributions

Posted November 21, 2016 by North Advisory

Individuals with a superannuation balance more than the transfer balance cap will no longer be able to make non-concessional contributions from 1 July 2017. This…

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Health care professionals – Xero & Cliniko

Posted November 18, 2016 by North Advisory

The accounting landscape for small and medium business enterprises has changed dramatically over the past few years and along with it the software used to…

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New Australian law applying GST to imported digital products and services

Posted November 18, 2016 by North Advisory

Australia has introduced a new law applying the Australian Goods and Services Tax (GST) to international sales of digital products and services provided to Australian…

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GST cross-border transactions between businesses

Posted November 18, 2016 by North Advisory

Recent changes to Australia’s GST law mean that from 1 October 2016, certain transactions between overseas businesses and Australian businesses will no longer be subject…

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Removal of the HECS-HELP discount and voluntary repayment bonus

Posted November 17, 2016 by North Advisory

From 1 January 2017, the Australian Government will remove the upfront HECS-HELP discount of 10% for eligible students that pay their student contributions upfront and…

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Are you ready for the Government’s superannuation changes?

Posted November 10, 2016 by North Advisory

On Wednesday 9 November 2016 the Government introduced its superannuation legislation which makes changes to the superannuation laws it originally announced in the 2016 Federal…

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$1.6m super transfer balance cap – clarification

Posted November 3, 2016 by North Advisory

Clarification has been provided on the intended operation of the proposed $1.6m super transfer balance cap. The cap will inlcude: • the value of pension…

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ATO data matching program — credit and debit cards

Posted October 31, 2016 by North Advisory

The ATO has given notice that it will continue to annually acquire data from credit and debit card providers relating to payments to businesses. The…

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ATO data matching programs — share transactions and selling on eBay

Posted October 31, 2016 by North Advisory

The ATO has given notice of two data matching programs, one relating to online selling and the other to share transactions. Online selling data matching…

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