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.Superannuation Guarantee Amnesty On 24 May 2018, Minister for Revenue and Financial Services announced the commencement of a 12-month Superannuation Guarantee Amnesty (the Amnesty). The Amnesty is a one-off opportunity for employers to self-correct past super guarantee (SG) non-compliance without penalty. Subject to the passage of legislation, the Amnesty… Read More >>
Archives for May 2018
Personal super contributions
Claiming personal super contributions deductions The removal of the 10% maximum earnings condition means more people may be eligible to claim a personal super contributions deduction this tax time. OBT can help you to understand if you are eligible and let you know if you need to:… Read More >>
Better team engagement
8 effective ways to improve team engagement Mastering the concept of team engagement has become a primary focus in the business industry. For many businesses, team engagement is a growing, overwhelming and challenging task around the world. Often confused with team satisfaction or happiness, team… Read More >>
What the 2018 Federal Budget means for you
7 Tax and Super changes you need to know about It’s now one week after the Budget was released and, in hindsight, there were very few changes that affect most Australians. Apart from the promised phased personal income tax cuts and the “overhaul” of the… Read More >>
EOFY business preparation
How to use EOFY to set yourself up for success Each end of financial year ‘EOFY’ is the highlight of the year (at least it is to us) It’s the green light for business owners to run the rule over their business and set up… Read More >>
Making car claims this tax time
ATO driven to scrutinise car claims this tax time The Australian Taxation Office (ATO) has announced that it will be closely examining claims for work-related car expenses this tax time as part of a broader focus on work related expenses. Assistant Commissioner Kath Anderson said… Read More >>
Essential Elements of Team Engagement
Team engagement a hot topic among business owners and operators We can now say conclusively that money is rarely the primary driver when people decide to leave a team. The fields of sociology, psychology and economics have converged to reveal incredible insights into what makes employees… Read More >>
How to avoid ATO double-ups in myGov
ATO and the myGov Inbox If you have linked the ATO to your myGov account, most of your ATO mail will now come directly to your myGov Inbox, rather than through the post. This is to help you manage your taxation and superannuation affairs in… Read More >>
