Subscribe today and let Cliftons help you grow your business.

Name(*)
Please let us know your name.

Email(*)
Please let us know your email address.

Confirm Email(*)
Please enter your email address again.

As Managing Partner of Clifton Accountants, I love the challenge of helping businesses grow, have great cash flow, become more profitable, protect their assets, prepare for succession or a sale, minimise their tax, retire financially fit and leave a legacy. Outside of business, I've immersed myself in distance running and CrossFit, both to the point of obsession but they keep the mind and body healthy and active.

Budget Time 2017

Budget-2017

 

Personal Tax

  • 2% budget deficit levy on incomes greater than $180,000 will not be extended, and will cease in the 2016-17 financial year.
  • The tax rates for the 2017-17 and 2017-18 financial years have not changed.
  • Current Low Income Tax Offset rates have not changed.
  • The Medicare levy will increase from 2% to 2.5% from 1 July 2019 to ensure that the National Disability Insurance Scheme is fully funded, and to guarantee Medicare.
  • Low -income earners will continue to receive relief from the Medicare levy through the low-income thresholds for singles, families, seniors and pensioners.
  • From 1 July 2018, the minimum repayment threshold for HELP will be $42,000, with a lower repayment amount of 1% and minimum repayment threshold will increase with CPI indexation from 1 July 2019.
  • From 1 July 2018, the Government will implement a consistent 30 cents in the dollar income test taper for Family Tax Benefit Part A families with a household income in excess of $94,316. This will ensure that higher income families are subject to the same income test taper rates.
  • While talk of allowing individual taxpayers a standard tax deduction for work-related expenses has been around for some time, the budget was silent on this proposal so nothing to see here.
Rate this blog entry:
374 Hits
0 Comments

Your Challenge - save $15 a week

Your Challenge - save $15 a week

Sounds pretty easy doesn't it?  Just save $15 a week.

If that's true, why aren't more people doing it, and getting the advantage in retirement?

Continue reading
Rate this blog entry:
255 Hits
0 Comments

Stress Change

Stress Change

Lately there's been a fair bit of stress in my life; enough to potentially drag me down and bury me underneath it.

But it's not been of my doing, and this morning listening to a podcast by Barbell Shrugged (who's have thought, huh??) on diet and nutrition, I realised why I've been able to work through it.

Continue reading
Rate this blog entry:
281 Hits
0 Comments

Growing Online

Growing Online

More and more businesses are thriving through clever online marketing.  And many businesses push into this strategy without getting the first things right.

Online marketing is generally a cost-effective way of increasing your exposure and expanding your customer reach.

What do you need to get right first?

Continue reading
Rate this blog entry:
295 Hits
0 Comments

Grow Your Business

Grow Your Business

Building and growing a business doesn't happen overnight - it takes hard work, and a lot of it.

You'll get some things right and some things wrong - but you'll learn a lot from what happens.

There's more than one way to grow a business.  But you need to understand your business and its position to get a better idea of where to focus.

But where do you start.

Continue reading
Rate this blog entry:
339 Hits
0 Comments

Blogs

Blog Archive