May 2010 Newsletter

Issue Number 6 | May 2010 | www.mcleandelmo.com.au

Welcome

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We are now far enough into 2010 to know how we are tracking against any New Year Resolutions. If you haven’t beaten the bulge by the end of April, is it too far gone? Or perhaps you vowed to find a better work life balance, but you logged onto your laptop every day over Easter. Have you missed your opportunity to make good on your promise?

At least when it comes to your finances McLean Delmo is giving you another chance. Let’s call it New Financial Year Resolutions. A chance to review and renew your choices and to plan to make things better.

As we rapidly approach the end of FY09/10 and move towards FY10/11 you have an important window of opportunity to look back to determine what has worked and what hasn’t since last July, then a timely imperative to look forward to what you can change and how you can ensure this change actually happens.

Whether for your business or personal finances, McLean Delmo can guide you through this process. Our team of accountants, auditors, management accountants and tax professionals can work with you to streamline business processes and results, while our in house financial planners, mortgage brokers, superannuation specialists and risk advisers can help you create, maximise and protect your personal wealth-both now and for the future.

So if you haven’t run that marathon or kicked your chocolate habit so far this year, let us be your financial coach and help you plan your New Financial Year Resolutions now. We can guide you to stay on track and help you work towards reaching your goals.

Should you have any questions please do not hesitate to contact us today

John Delmo | Managing Partner

Propert Investment and Wealth Creation

With property auction clearance rates in excess of 85% and investors continuing to enjoy double digit annualised capital growth it is hard to believe that only 12 months ago we experienced the greatest global recession since the great depression.
Property Investment and Wealth Creation

R&D Tax Concessions

If your company actively invests in its future, then it’s likely that a proportion of your expenditure may be eligible for a tax concession.

R&D Tax Concessions

Superannuation Update - Excess Contributions Tax

Still the most favoured structure through which to plan and provide for your retirement, Self Managed Superannuation Funds (SMSFs) have much to offer. But how can you avoid paying excessive contributions tax?
Superannuation Update - Excess Contributions Tax

Reminder - Concessional Contributions Cap reduced

A reminder of the reduced cap on concessional contributions
Reminder - Concessional Contributions Cap reduced

Bookkeepers and the New Tax Agent Services Regime?

For the first time the new Tax Agent Services (TAS) regime requires book keepers providing Business Activity Statement (BAS) services to register as BAS Agents with the Tax Practitioners Board.
Book Keepers and the New Tax Agent Services Regime?

Important: This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not constitute or convey advice per se. Also changes in legislation may occur quickly.
We therefore recommend that our formal advice be sought before acting in any of the areas. This document is issued as a helpful guide to clients and for their private information. Therefore it should be regarded as confidential and not be made available to any person without our prior approval.

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