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May 1, 2020

Temporary reduction in superannuation minimum payment amounts

The Government has reduced the minimum annual payment required for account based pensions and annuities, allocated pensions and annuities and market linked pensions and annuities by 50% for the 2019-20 and 2020-21 financial years. Superannuation and annuity providers calculate the annual payment required for the financial year at 1 July. This calculated minimum payment should […]

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April 1, 2020

Must know SMSF Changes during COVID-19

SMSF Account-Based Minimum Pension Requirements As you are no doubt aware COVID-19 is placing hefty restrictions on society and is causing many changes to our day-to-day lives. This has caused a massive drop in the stock market and consumer confidence which in turn may be hurting your SMSF, and available cash; and ideally you don’t […]

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The Covid-19 JobKeeper Package

What is the JobKeeper Payment?   Date From 30 March 2020 for six monthsFor employees employed at and from 1 March 2020First payments in first week of May 2020 Applies to    Based on comparable periods:Employers <$1 bn that have experienced a downturn of more than 30%Employers >$1bn that have experienced a downturn of more than 50%  A subsidy […]

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March 20, 2020

Managing your business and cash flow with Coronavirus

Please see some key points below you need to consider right now to protect your business and manage your cash flow: Contact your bank. Banks are offering holidays on loan payments. Westpac yesterday have a fairly automated service to defer principal for three months. The ANZ CEO on radio last night saying they were offering […]

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March 3, 2020

Buying a Business: The difference between a Leasehold and Freehold Going Concern

When buying a business, across any industry, you will come across these terms “Leasehold” and “Freehold Going Concern”. This article looks at what is a Leasehold and what is a Freehold Going Concern.  Leasehold A leasehold is also termed as “buying the business”, without the land and buildings.  With a leasehold you are buying: A […]

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June 5, 2019

Changes to the Instant asset write off thresholds for Businesses

This article highlights the instant asset write off concession and the changes the Government have announced (which are now law) regarding this concession and the eligibility requirements.   We note, we now have a tax system with three ways to claim deductions on asset purchases. What is the instant asset write off? The instant asset […]

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April 27, 2015

Mark Rogerson asks a few simple questions about your business

How many of these questions can you confidently answer about your business? READ THE TRANSCRIPTION BELOW: Mark Rogerson here. I’m going to ask you some questions as a business owner that you should know the answer to. If not, why not? Okay, what’s your profit this year versus last year? What about your sales, are […]

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January 15, 2014

Managing your Self Managed Super Fund’s Investments

One of your key areas of responsibility is to manage your fund’s investments. You have certain duties and responsibilities when making investment decisions. They are designed to protect and increase your members’ benefits for retirement. YOUR INVESTMENT STRATEGY You need to prepare and implement an investment strategy for your fund, and review it regularly. The […]

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Phone: (03) 9802 2533

Fax: (03) 9802 0590

Postal Address: PO Box 323, Mount Waverley, Victoria 3149

Email: mail@rogersonkenny.com.au

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