Insights

Investment in Off-the-Plan Management Rights has always been a good proposition for experienced managers, whether in the short-term or permanent sector. From the early stage, investors have been purchasing MLR businesses and turning them around in a short period with aim to make quick profits. This has unfortunately changed over the past two decades and currently, buying an Off-the-Plan Management Rights business is a relatively long-term process and a longer investment proposition.

We're thrilled once again to be featured as an 'Industry Preferred Supplier' in the January 2022 edition of Resort News Magazine - the leading monthly magazine for Management Rights and Accommodation Industry Professionals.

As we approach the End of the Financial Year, it is important for operators within the Building & Construction industry to continue with regulatory compliance and financial reporting set by the Queensland Building & Construction Commission.

As we approach the end of the Fringe Benefits Tax Year 2020/21, we want to issue a reminder to all employers that a motor vehicle odometer reading needs to be taken on the 31st March 2021, for the purposes of a Car Fringe Benefits Tax obligation.

Read our latest Insights article on the newly updated Fuel Tax Credits rates now in effect via the link (blog.agredshaw.com.au)

For businesses managing a vehicle fleet, the Fuel Tax Credits system can be an excellent route for operators to claim full or partial credits for the fuel tax (excise or customs duty) that’s included in the price of fuel.

For the Management Rights industry, we recently held our online webinar session: "Management Rights - Building the Foundations to Mitigate the Commercial Impacts of COVID-19".

For those operating in the Management Rights industry, the impacts of COVID-19 has created a strong level of uncertainty, with effects felt across both permanent & short-term letting businesses.

As we begin the 2020 Fringe Benefit Tax Year, it is important for businesses to continue to maintain their tax obligations - staying current and compliant during this especially uncertain time.

In response to ever-changing circumstances involving the Coronavirus (COVID-19), the Federal Government has announced their new Economic Stimulus Package - dedicating a $17.6 billion economic plan.

As a Management Rights owner, Trust Accounting is at the core of your business. Therefore having a software solution which can provide accurate real-time data & automated reporting is essential to on-going compliance & legislative adherence.