PAYG Tax Cuts Are Coming

The ATO has confirmed they will issue new PAYG withholding tax schedules next week. Employers will be required to apply the new tax rates effective from 1 October 2016. Any tax overpaid prior to October 2016 will be refunded by the ATO on assessment, after the end of the 2016-17 financial year, as part of […]

Business Horsham – A Worthwhile Investment

Capitis are members of the local chamber of commerce Business Horsham. The organisation’s goal is to support and promote Horsham businesses through a number of projects and activities in a way that benefits and boosts the profile of Horsham within the district and wider Victorian region. The greatest benefit we see in a Business Horsham membership […]

Changes to the FMD Scheme

Farm Management Deposits (FMD) are used by primary producers as an effective tax and cashflow planning tool.  They allow primary producers to smooth out fluctuations in business performance and cashflow caused by changes in weather patterns from year to year (ie. drought, flood, hail damage, frost, etc). The scheme allows primary producers to claim a […]