Friday 3 July 2015 « the western weekender
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TAXLINE ST MARYS
TAX FEATURE
is under new management
SPONSORED CONTENT
L.D. CENIZA & CO Accountants/Registered Tax Agents Trading as
WE ARE STILL AT THE SAME CONVENIENT LOCATION 18 Queen Street, St Marys, NSW 2760 PO Box 550, St Marys NSW 1790 Australia
9833 2010
Telephone: 02 Mobile: 0419 970 724 Email: wsbc@bigpond.net.au
Profit from our 25 years of experience in Accountancy and Taxation
Judge the tax experts for yourself
• Specialist in Small to Medium Businesses • Trust and Company Business Operations • Partnership/ Rental Properties/ Individual Tax Returns Contacts
• Leo D. Ceniza,
B.Com., CPA, MA Registered Tax Agent/ Migration Consultant
• Mendell Miranda, B.Com., CPA, Associate
arclay Judge from Judge Accountants is reminding small business owners to speak to their accountant about how the recent government tax breaks can benefit them. With a focus on business tax returns, Judge Accountants will be able to help business owners claim what they are entitled to. “The key budget announcement for small businesses is that since budget night on May 12 2015, businesses with less than $2 million of turnover can immediately write off an asset that costs less than $20,000,” Mr Judge said. “The $20,000 rule can apply to as many items as you wish.” Mr Judge says that businesses with
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• Self Managed Superannuation Funds
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less than $20,000 of written down assets at the end of the tax year can also write off the remaining tax value and gain the tax deduction. “Writing off assets for small businesses is even more beneficial as the tax rates for small businesses with less than $2 million of turnover have reduced, effective from July 1 2015,” he said. “The tax rate cut will help more than 90 per cent of companies.” Judge Accountants offer compliance services such as Income Tax Returns, Financial Statements and BAS services to complete business reviews with financial analysis and modelling. They also complete individual tax returns.
Are you taking advantage of the new tax incentives? WW17992
• Local Penrith Chartered Accountants who specialise in helping you with your tax and business advice • Fixed transparent fees Suite 7, 488 High St, Penrith
4732 3844
www.judgeaccountants.com.au