Insights

In the 2016-17 Budget, the Government announced that it will reduce the corporate tax rate progressively from 30% to 25%.

New superannuation legislation will take effect from 1 July 2017. It has received Royal Assent so will apply in its present form. 

Non-concessional Contribution Issues

Carrying on from our first blog Superannuation Reform 2017 Overview, we wish to inform how you will be affected when the new superannuation legislation takes effect from 1 July 2017.

Changes to the Australian superannuation system have received royal assent (formal approval of an act of Parliament) and will take effect from 1 July 2017.

Archer Gowland works with and recommends James Cavanough and Neil Smith from Lantern Advisory in Brisbane. Their services include financial planning, wealth management and insurance for business owners and their families.

Budget Impacts for Small to Medium Sized Enterprises (SMEs)

Here are some tips from Scott Wicks, Director of Archer Gowland, regarding different ways you can generate more income for your Management Letting Rights business (MLR) in Brisbane, Gold Coast or the Sunshine Coast.

All businesses face the necessity and reality of expenses. However, when was the last time you reviewed the expenses in your Management Letting Rights business (MLR)?

A Management Letting Rights business (MLR) is an enterprise that involves the caretaking and letting of townhouse and unit complexes (strata titled properties). There are over 4,000 MLRs operating in Queensland with the majority focussed on holiday letting outside Brisbane.