Roydon Snelgar

Tax Planning Made Simple (Second Edition) Now Available!

10 January 2020

The 10% of practices that currently provide tax planning services to their clients generate annual fees revenue of $284m. This book has been written for the 28,968 accounting practices in Australia (the 90%) that aren’t currently providing tax planning services to their clients. The first part of the book talks about why your clients need…

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Maximising the $1.6m Pension Cap

17 December 2019

From 1st July 2017, the amount of capital that a member can have in the tax-free retirement (pension phase), is limited to $1.6 million. This means the pension earnings exemption only applies on $1.6 million of the member’s superannuation balance, and the earnings on the excess superannuation balance is subject to the normal 15% tax.…

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Trustee Company

10 December 2019

    A trustee company is a legal entity that acts as a fiduciary, agent or trustee on behalf of a person or business for the purpose of administration, management and the eventual transfer of assets to a beneficial party. Trustee companies provide independent trustee services and can undertake the following activities:   Producing offer…

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Consistency is key to exceptional business results

3 December 2019

The key to exceptional business results is consistency. If you do nothing else, be consistent. Consistency doesn’t mean being the best at something or providing the highest quality, it means providing predictable, reliable results to the customer or client every time you do business with them. Consistency creates the reputation that your business will be…

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Guatemala is a popular tax haven

26 November 2019

Capital city:                Guatemala City Currency:                    Quetzal (GTQ)    Population                 16,582,469 Language:                  Spanish     GDP:                     …

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Reduce tax on holiday travel by 50% for overseas employees

19 November 2019

This tax strategy only applies to overseas employees working in Australia, and Australian residents working overseas. Under the FBT legislation the taxable value of holiday travel costs (flights, accommodation and meals) provided to these employees (and their families) are reduced by 50% if they travel back to either: the town where they lived before being…

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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2