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Pat Mannix
Wage increases less than 2 months away – don’t be caught out and always protect your Capital!

Accountant found to be an accessory for “wilful blindness” towards underpaid employees. In a precedent-setting decision by the Federal Circuit Court, an accountancy firm has been found accessorily liable for the underpayments of the employees of one of its clients.
... read moreBIG tax breaks

Fantastic News, there is an increase to the aggregated turnover threshold to $10 million for access to small business tax concessions from 2016-17. This means that any businesses with an aggregated turnover of under $10 million can now ....
... read moreThe Budget Wrap 2017

The Budget was delivered last night and there is a mix of good and bad news for our clients and prospective clients at Paris Financial. I will try and zero in on the key points and give a brief comment. The very large caveat here is that all this budget information is NOT law yet but everyone should be moving and starting to think about the consequences of these changes.
... read moreTony Fiedler & team join Paris Financial

AP Business Advisory Services has joined the Paris Financial team. We extend a huge welcome to Tony Fiedler, Socheata Be and Deb Loughnane who are relocating to our Blackburn office.
... read moreTax Planning for 2016/17 Financial Year

April is a vital month for tax and superannuation planning. With 9 months of the financial year locked away significant trends or changes from the previous financial year will be well established.
... read morePoorly Structured

I heard a horror story the other day about poor structuring. Let’s just call this person Wayne Structureless for simplicity. Wayne has shares in a very profitable small business in his own name.
... read more$1.6 Million Pension Cap for SMSF’s

Now that the proposed $1.6 million pension transfer balance cap is law, I thought it best to explain.
... read moreData integrity is vital

It is now compulsory for organisations to provide notice to regulators and affected individuals in the event of a data breach. I know Mr Trump likes Mr Putin but he hasn’t yet asked Vladimir how he should try and control his citizens to not hack into and upset so many organisations in western democracies.
... read more