Dan Hellyer, Partner, Deloitte Private, says if you look at an investment property as an income-generating asset not much has changed. “Although being able to claim the funding costs is being phased out, you can still claim ordinary operating expenses. These are the costs that are incurred in generating rental income.”
Residential construction companies can claim up to $2400 and manufacturing SMES up to $1300. This subsidy is used to fund an expert visit your business and write up a programme to help prevent injuries, improve wellbeing and support productivity.
As business owners and employers you will be aware of the proposal to increase an employee’s annual sick leave entitlement to 10 days. The Holidays (Increasing Sick Leave) Amendment Bill has passed its final stage in Parliament and therefore will be effective by mid July.
Establish and maintain internal controls specifically designed to prevent and detect fraud. Adopt a code of ethics for management and employees. Set a tone at the top that the company will not tolerate any unethical behaviour. Implement an employee reporting system, such as an anonymous hotline, to help uncover fraud.
With the end of the Wage Subsidies and the free consultant support provided through the Reginal Business Partners’ Network starting to expire there are still things you need to be doing now and things that you need to be preparing for.
E3 Business Accountants were proud to sponsor The Lion Foundation Young Enterprise Scheme (YES) regional finance award. The winners of the Finance Award were a bright young team from Cashmere High with their innovative STAP Card.
Energy. Enthusiasm. Enterprise