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So far charmanpartners has created 126 blog entries.

Why your Self Managed Super Fund needs to comply

By |2020-03-12T14:45:45+11:00February 27th, 2020|Accounting, Small Business, SMSF, Superannuation, Tax|

To maintain the benefit of concessional tax treatment, it is important for a self managed superannuation fund to be a complying fund ie it complies with all the necessary superannuation and tax laws.  If the fund loses its status as a complying fund it can result in both financial and administrative penalties being imposed by [...]

The Age Old Question – Employee or Contractor?

By |2020-02-27T12:16:19+11:00February 27th, 2020|Accounting, Hospitality, Small Business, Tax|

It’s an area that can be easy pickings for the regulatory bodies sometimes, so making sure you understand the difference in your business is crucial. The penalties for getting it wrong are plentiful, including: Penalties for failure to withhold PAYG Witholding Superannuation guarantee charge and penalties Fair Work infringement notices Payroll tax and WorkCover So, [...]

Associate Position Promotions – Jarrad Andrews & Adam Burgess

By |2020-02-12T11:23:51+11:00February 12th, 2020|Accounting|

We are very please to announce that two of our senior accountants, Jarrad and Adam, have been offered and accepted positions as Associates here at Charman Partners.  It is always great to bring 'new blood' into the management ranks and we are looking forward to their continued success and contributions. Jarrad Andrews joined Charman Partners [...]

The First Home Loan Deposit Scheme

By |2019-10-25T16:15:37+11:00November 1st, 2019|Accounting, Tax|

The Federal Government has recently passed new legislation through Parliament to introduce the First Home Loan Deposit Scheme. The scheme acts as a way for first time homebuyers to enter the property market and purchase their first home with a deposit as low as 5%.  The Government would act as a guarantor for the remaining [...]

Understanding Your Preservation Age

By |2019-10-24T12:11:23+11:00November 1st, 2019|Accounting, SMSF, Superannuation, Tax|

What is your preservation age and what does it mean for you? There is a misconception out there that everyone’s preservation age is 55, however as of 2015 this has changed.  A person’s preservation age is now dependent on their date of birth, the table below details how to determine your preservation age. Date of [...]