Edition 26 June 2019

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What the budget delivers for division 1

What the budget delivers for division 5

According to division 1 councillor Rick Baberowski, supporting our “community of communities” was at the heart of the latest Sunshine Coast Council budget. “Over the next 12 months, a greater focus has been placed on projects that enhance community health, confidence and connectivity from a very important streetscape upgrade to several park, road and recreation upgrades, just to name a few,” Cr Baberowski said. “With an increasingly diverse and growing community, these infrastructure upgrades will please many division 1 residents. “For example, there is a comprehensive upgrade planned for the district aquatic centre at Beerwah, including a new 17m indoor pool, street frontage and improved entryway. “A lot has happened in the past year in the Glass House Mountains District Park and more great things are planned including new pathway links, playground extension, park entry nodes and some eye-catching public art. “Perhaps one of the most strategically important projects is the Landsborough Placemaking Master Plan. “Major changes to the road and rail networks of this historic country town means council has been working with locals and visitors to design a new overall master plan and some very specific streetscape improvements to Cribb Street, Landsborough,” Cr Baberowski said. “Division 1 residents can also enjoy a continuation of the Healthy Sunshine Coast program, offering free and low cost fitness classes across the region.” Division 1 highlights from the budget include: • $2 million for the Landsborough Placemaking Master Plan project • $1.02 million to improve the Beerwah Aquatic Centre • $1.8 million for the next phase of the Roys Road upgrade • $850,000 for further upgrades to Glass House Mountains District Park • $300,000 for stages four and five at Turner Park, including a new playground and extra car parking • $350,000 to improve and expand the Glass House Mountains Regional Trail • $40,000 to design stage three of the Glenview Road upgrade

Sunshine Coast Council’s 2019/20 budget will deliver the sealing and upgrading of many council-controlled roads within division 5, ensuring they are safe for the community. Division 5 councillor Jenny McKay said having safe and sealed roads across towns within her division was a priority and would contribute to the vision for a healthy, smart, creative region. “Part of building a strong community means having a connected community, and we can ensure this by improving access, amenity and safety for our road users,” Cr McKay said. “There are several road upgrades planned for the division, including Winston Road South and Citrus Road in Palmwoods, McGilchrist Road in Eudlo, Obi Lane in Maleny, Christensens Road in Hunchy and Diamond Valley Road, Mooloolah. “While I’ll be three months short of seeing the proverbial ribbon cut on these projects with my retirement from council, I’m delighted that we got a few of these rural road upgrades into this budget. “It is my hope that we’ve provided a sound platform so that future councils can continue to support the rural communities through road upgrades.” Cr McKay said another division 5 budget highlight was the continued upgrade of the Mary Cairncross Scenic Reserve. “We will also be renewing the much-loved track in this rainforest reserve, which is absolutely necessary as yearly visitation numbers increase substantially each year, last year reaching more than 105,000. “It’s important for people of all ages, backgrounds and abilities to access this wonderful community and environmental asset,” Cr McKay said. Division 5 highlights from the budget include: • $655,000 towards an adventure play area at the Russell Family Park Playground in Montville • $200,000 to upgrade Diamond Valley Road in Diamond Valley • $100,000 to the track renewal at Mary Cairncross Scenic Reserve in Maleny • $35,000 to widen Obi Lane in Maleny

The 30th June Is Fast Approaching!

We are almost through another financial year and this means you need to think about the things you can do before June 30 for tax. 1. Work out if you made a profit - If you are in business, work out if your sales were more than your business expenses for the year. Remember that some payments like loan repayments and personal expenses don’t count. You need to look at the things that you paid for the business only (rent, advertising, bank interest, tools and materials) and work out the difference between sales and those expenses. 2. Find other expenses - Hopefully you have kept all your receipts so that you can maximise deductions. Think about travel costs, work specific clothing, training courses, union fees, trade magazines and other costs that are needed for your industry. 3. Make business purchases - The ATO has extended the instant asset write-off to $30,000 for small business owners. You can spend $30,000 on an asset you will use in your business (vehicle, computers, tools and machinery) and this will save tax. You can also put money into superannuation but this must be done before June 30 to get the deduction in this financial year! Lastly, your donations to registered charities may reduce tax. 4. Lodge on time - Individual returns must be lodged before October 31, 2019 unless you lodge through a tax agent. Company and trust returns have more time to lodge. 5. Avoid the ATO hit list - We are seeing lots of audits from the ATO for incorrect expense claims. The ATO now compares your income tax return to other people in your industry and follows up any large claims. On the hit list are: 1. Motor vehicle expenses 2. Accommodation and travel to work expenses 3. Excessive home office internet and telephone expenses 4. Laundry costs and dry cleaning 5. Investment property deductions

We can help you work out what is reasonable to claim so that you are less likely to get a tap on the shoulder from the ATO.

If you have any queries about any of the above or just want something clarified please contact our friendly team on 5439 0188 or call into the office. 13 Turner St, Beerwah | admin@hintertax.com.au Glasshouse Country & Maleny News

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Edition 26 June 2019 by Glasshouse Country & Maleny News - Issuu