We are pleased to welcome everyone to the Summer issue of the Hall Chadwick Association newsletter. This is a great way to keep you updated with some of the things that are happening within the Hall Chadwick group.
The Australian Government has recently made changes to the existing legislation for Division 40 Plant and Equipment deductions available to residential property investors. These amendments, which affect only residential property investors, were introduced as part of the May 2017 budget and become effective from 1 July 2017.
Be aware of the types of scams that claim to be from the ATO or other government organisations.
We advise all clients to be extremely wary of phone calls, emails or SMS claiming to be from the ATO, as these are often scams that trick you into providing personal or financial information.
In our latest newsletter, learn about the importance of succession planning to create a smooth transition for the new owner of your business, whilst simultaneously maintaining the performance of the business.
By planning your exit strategy early, a business owner can maximise the value of the business and help it to meet the future needs.