Do you know how your super is performing?

Mobbs & Company have a specialised team to assist with all your Self Managed Superannuation Fund needs.

We can assist with all areas of our Superannuation Fund, from setting up your SMSF to preparing your Financial Accounts and Taxation Returns. Our qualified staff are here to assist you; whether it is borrowing through your superannuation or any queries that you may have in between.

You can be assured that we can simplify your affairs and offer you the accurate and professional advice that you need, in a timely manner.

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Finding it hard to hit your financial targets?

Our business benchmarking service analyses your business' position within the industry and identifies an action plan to increase profitability.

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Accounting News

$20,000 asset write-off renewed for another financial year.

Asset write-offs reminder for small business.

 

 

Small businesses with a turnover of less than $10 million can get an immediate deduction for assets that cost up to $20,000 each in their 2016–2017 return.  The $20,000 threshold now applies until 30 June 2018.

Assets that cost $20,000 or more can't be immediately deducted.  They need to be deducted over time using a small business asset pool.

It’s important to apply all of the simplified depreciation rules correctly so your business doesn’t under-claim for its eligible assets.

 

 

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