You just need a cool, lazy million!

You just need a cool, lazy million!

Our recent investment seminar proved to be a great night of networking and we were fortunate to have Jon McGrath and Adam Lawrance from JBWere give us some ideas on how to earn more from cash deposits safely. I know Jon and Adam will dislike the title but some ag from the crowd called it that – and I think it stuck.

The pair gave some great advice on enhancing financial gain through wise, low-risk investments. It was a very informative and interesting presentation, and Jon and Adam were able to chat with guests at the end of the evening. It was a great turn-out, thanks to everyone who came, we hope that you will benefit from the experience. Please let us know what you thought by filling in our quick feedback form. A copy of the slideshow from the evening along with some explanatory notes can also be provided for those who haven’t already received a copy. Email admin@peacockeacountants.com.au for more information.

Do not miss super guarantee deadline

Super guarantee contributions for the first quarter are due by October 28. Remember, cleared funds must be in the employee’s account by this date so if you are using a clearing house (even the ATO’s) then please allow time for the transaction.

If an employer does not pay minimum super contributions for Quarter 1 by this date, they must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly form with the ATO by November 28.

And while you can ask for an extension of your BAS – there are none available for the Super guarantee.

If you also need to lodge a Business Activity Statement (BAS), you probably already know that business runs more smoothly when you lodge on time. The due date for lodging and paying is usually displayed on your BAS.

If the due date is on a weekend or public holiday, you can lodge and pay on the next business day. The due date for the quarter ending September is October 28. Get in touch with us if you need some BAS assistance. And remember: BAS deadlines can be extended, super guarantee deadlines cannot.

Register trading names with ASIC

Businesses will need to register any existing or old trading names as a business name with the Australian Securities & Investments Commission (ASIC) by 31 October 2018 in order to remain operational.

The ABN Lookup website will reflect these changes and will only display business names registered with ASIC from this date.

A good drop

It was nice to see a drop of rain in the district, with up to 70mm received in the Dubbo area in the past two weeks. Like one farmer said to me, “You can make more money from mud than dirt.” I hope the recent rainfall has put a spring in your step.