We recently caught up with our Ballarat Client Service Officer, Kim Barker, and asked her the tough questions… When did you join the team at CountPro? 19th of August 2024 What do you enjoy most about working at CountPro? The team is amazing. I have enjoyed getting to know everyone. No day is ever […]
Team Profile – Kim Barker Read More »
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! The small business energy incentive is the latest measure providing a bonus tax deduction to nudge the investment behaviour of small and medium businesses, this
$20k deduction for ‘electrifying’ your business Read More »
CountPro was very proud to partner with the Royal South Street Society to deliver the Choral Competition at the 2024 Ballarat Eisteddfod, extending our long-term support of the Society and performing arts in Ballarat. The 2024 CountPro Choral Competition was run during September, with entries coming in from 22 primary and secondary schools from all
Ok, not that Succession series. Each month we’ll bring you a new perspective on transferring property. Be it estate planning, managing an inheritance, or the various forms of business succession. This month, we look at the tax consequences of inheriting property. Beyond the difficult task of dividing up your assets and determining who should get what,
01 Succession: the series Read More »
The ATO has published details of reforms to the administration of not-for-profit (NFP) entities that self-assess as income tax exempt. Information from the ATO website is outlined below: Not for profit reforms On 11 May 2021, as part of the 2021–22 federal Budget, the Australian Government announced reforms to the administration of not-for-profit (NFP) entities
Not-for-profits – enhancing the transparency of income tax exemptions Read More »
‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their employees on the same day as salary and wages instead of the current
Payday super: the details Read More »
Join us as we catch up with Auditor, and sports enthusiast, Michael Hutton… When did you join the team at CountPro? I started on 23 July 2018. What do you enjoy most about working at CountPro? There’s a heavy focus on teamwork, with an emphasis on professionalism and quality. We have an expert
CountPro Team Profile – Michael Hutton Read More »
The CountPro team was thrilled to take out two awards at the recently held 2023 Federation University Commerce Ballarat Business Excellence Awards. In their 35th year, the Federation University Commerce Ballarat Business Excellence Awards aim to celebrate and support local businesses in all they have achieved and contribute to Ballarat. Held at the end of
Business Awards Success Read More »
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications. Many small-scale developers often assume that their tax exposure is minimal – but this is not always the
Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions Read More »
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners. When it comes to generational succession of a family business, there are a few important aspects: Succession of
Succession: What does it take to hand your business to the next generation? Read More »