Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.
World-famous entrepreneur Sir Richard Branson says you should train your people well enough so they can leave… Then treat them well enough so they don’t want to leave. It’s a very important point. Many small businesses struggle to find good people; in fact businesses of any… Read More >>
Archives for November 2017
Entertainment and fringe benefits
The provision of entertainment means the provision of: entertainment by way of food, drink or recreation accommodation or travel in connection with, such entertainment. Entertainment includes, for example: meals and drinks, cocktail parties and staff social functions sporting or theatrical events, sightseeing tours and holidays… Read More >>
ATO releases position on SMSF event-based reporting
Finalised ATO position on SMSF event-based reporting for the transfer balance cap Following extensive consultation with the super industry, from 1 July 2018: SMSFs with members with a total super balance of less than $1 million will report events that impact their members’ transfer balances… Read More >>
Gatton Plaza News is QLD Retail Newsagent of the Year 2017
On 28 Oct 2017, the Australian Lottery and Newsagents Association’s QLD Awards for Excellence awarded OBT client Gatton Plaza Newspower the prestigious title of QLD Retail Newsagency of the Year.
ASIC Trading Name changes
Trading names A trading name was a name used by an entity or person to trade under. A trading name is not a registered business name. The Australian Taxation Office (ATO) collected trading names before 28 May 2012. They are currently displayed on the Australian… Read More >>
4 tips to get your pricing on track
4 tips to get your pricing on track The question of price setting is one we ask our clients when reviewing their profit, to determine if their prices are at the right level. This article gives some good background to setting your prices correctly. We… Read More >>
Getting business structure right
Working as a freelance Personal Training and Group Fitness Instructor sounds like a liberating, interesting and well-paying job. But the truth is, like any independent contractor, there are business issues that have to be considered before you take your first class or train a client…. Read More >>
Single Touch Payroll starts 1 July 2018
The ATO is changing the way employers report their tax and super You may need to use Single Touch Payroll from 1 July 2018. You’ll now be able to report this information to the ATO directly from your payroll solution. If you have 20 or more employees,… Read More >>
