Taxes

DIRECTORS WARNED OF THEIR CYBER SECURITY RESPONSIBILITIES

On Monday 18th September 2023, ASIC Chairman Joe Longo issued a warning to Directors at a Cyber Security Summit, stating cyber security responsibilities are the role of directors to ensure robust cyber security within their businesses which has become more critical than ever. The Australian Securities and Investments Commission (ASIC) has recently emphasized the importance [...]

By |2024-01-18T09:16:18+10:00September 21st, 2023|Taxes|0 Comments

PROPOSED NEW SUPERANNUATION TAX

Currently income earned on all superannuation balances in pension phase is tax free. For balances in accumulation phase the tax rate is 15%. The Federal Government announced in May 2023 a proposal to levy an additional 15% tax on the earnings of a member’s total superannuation balance over $3m. While this tax is intended to [...]

By |2023-12-13T15:09:13+10:00September 14th, 2023|Taxes|0 Comments

LOCK THE FRONT DOOR OF YOUR VIRTUAL OFFICE

At BYRONS the security of your data is of primary importance to our business and as such we take Cyber Security very seriously including all the security steps below and more. Below is a stocktake on how you are approaching Cyber Security in your own business. Take some time to consider and if needs be, [...]

By |2023-12-13T15:08:34+10:00September 13th, 2023|Taxes|0 Comments

BENEFITS OF ELECTRIC VEHICLES

As the world continues its move toward a more sustainable future, electric vehicles (EVs) gain popularity as a way to reduce carbon emissions and support environmentally friendly transportation. Governments worldwide are encouraging this shift with incentives to help the adoption of EVs. One such measure in Australia is the exemption of electric vehicles from Fringe [...]

By |2023-11-23T09:11:59+10:00August 31st, 2023|Taxes|0 Comments

SAFEGUARDING YOUR FINANCIAL FUTURE

Income protection holds immense significance As your trusted financial partner, we understand that life is full of uncertainties, and protecting your financial well-being is of paramount importance. In this article, we delve into a topic that often gets overlooked but holds immense significance. In today's fast-paced world, where unexpected health challenges can arise at any [...]

By |2023-11-09T08:32:30+10:00August 24th, 2023|Taxes|0 Comments

CATALYST FOR EXPANSION AND GROWTH: THE SIGNIFICANCE OF A CAPITAL RAISE

When a business aims to scale its operations, develop innovative solutions, or penetrate new markets, capital becomes the lifeblood that drives these aspirations forward. A capital raise involves the process of sourcing funds externally to bolster your enterprise's financial resources. This infusion of funds can be a game-changer, enabling your business to seize growth opportunities [...]

By |2023-10-20T10:11:20+10:00August 23rd, 2023|Taxes|0 Comments

GENERAL PURPOSE FINANCIAL REPORTING AND AUDIT REQUIREMENTS FOR PRIVATE SECTOR ENTITIES

As we are all seeing in the Australian media, it is now the reporting period following June 30, 2023. In response to a number of queries we have received, please see a summary of important considerations for entities preparing general-purpose financial reports and their audit requirements. Large Private Sector Entities In Australia, sizeable proprietary companies [...]

By |2023-10-20T10:10:26+10:00August 17th, 2023|Taxes|0 Comments

AVOIDING BUSINESS FAILURE SEMINAR

On 15 August 2023, John Refalo who is one of our Directors from BYRONS Recovery presented to Fairfield City HQ about ‘Avoiding Business Failure’. “Starting and running a business is the dream for many people. At the same time, it can also be one of the biggest risks that someone can take. Having seen why [...]

By |2023-09-21T09:50:03+10:00August 15th, 2023|Taxes|0 Comments

THE CHARTERED ACCOUNTANTS ANZ’S ACHIEVER PROGRAM

BYRONS proudly supports Chartered Accountants ANZ and the Achiever program. We welcome into our firm the brightest young minds and support them on their journey to becoming successful chartered accountants. As part of the achiever program, we share our expertise, knowledge, and industry insights with the next generation of accounting professionals. We bridge the gap [...]

By |2023-09-14T15:00:13+10:00August 9th, 2023|Taxes|0 Comments
Go to Top