|
|
Sharon Plant is the owner and Director of Plant & Associates Pty Ltd. She is a Certified Practicing Accountant and Registered Tax Agent with 15 years Accounting and Business Experience.
Sharon specializes in the building industry, investment properties, police force and superannuation funds. We are also experienced with franchised petrol stations, convenience stores, property development, medical, child care centres, investors, fast food stores, grocers, retail, wholesale and manufacturers and of course basic individuals.
We have specialist programs in place and are up to date with the latest in Self Managed Superannuation Fund compliance. All staff undergo continual training and development at Plant & Associates. We also network frequently with our referral network to ensure we are all up to date and able to offer you the very best service.
At Plant & Associates you can be assured that you are dealing with people who are familiar with the current tax environment.
|
|
We Understand the Biggest Concerns of Business
1. Profitability, Tax and Cash Flow
2. Provision for Retirement
3. Tax Compliance and Keeping Abreast of Changes
4. Guarding Personal Wealth from Business Risk
5. GST Compliance
|
|
|
|
|
|
|
Our Commitment To You
We have the expertise, the products, the systems and the referral networks and are dedicated to providing you with exceptional service and are able to assist you with everything from choosing the best structure, tax planning, ongoing compliance and retirement. Our great referral network of Book keeper's, Financiers, Insurer's, Solicitors and Auditors are ready to assist you. We return your calls promptly and when you bring your work in, we get on to it promptly - not in 3 months time. We act on your behalf with the ATO.
IMPORTANT ANNOUNCEMENT
Important announcement's from ATO
Changes limiting access to non-commercial losses
Changes to the operation of the non-commercial loss rules became law on 14 December 2009. The new rules apply for the 2009-10 and later income years.
The key changes include:
§ the introduction of an income requirement of $250,000 to further restrict the circumstances where a business loss can offset other income
§ a new exception for business losses caused solely by deductions claimed for the small business and general business tax break
§ a new Commissioner's discretion
§ ensuring existing Commissioner's discretions continue to apply.
For more information, refer to Non-commercial losses essentials.
Delays in Processing
The ATO have advised that they expect to have the back log of returns processed by the end of the first week in March 2010. Delays are still expected however the ATO will pay interest on refunds if the processing takes longer than 30 days to process. For more specific details regarding your account, speak to your accountant.
Withdrawal of e-Record
From the 2010-11 income year the Tax Office's record-keeping product, e‑Record will no longer be available.
The product has been reviewed and found to no longer be compatible with current commercial record-keeping systems. It would also need to be redeveloped to keep up with technology and new business directions.
Version 6.2 is the final version of e-Record and is available for download until 30 June 2010.
We encourage e-Record users to consider purchasing record-keeping software by 30 June 2010. To find out more about available software, visit the Software developers homepage.
In light of the ATO's announcement, please contact us at Plant & Associates Pty Ltd to discuss your alternatives.
|
|
|