Preda Accountants News Archive

The financial information tabled by the Federal government, as part of the presentation of the Australian budget, highlighted the difficulties…

The government intends to phase out the medical rebate by 20th June 2019. If a taxpayer does not claim the…

Although individual income tax rates have remained unchanged, changes that were due to apply from 1 July 2015 have been…

The Australian government’s Federal Treasurer, Mr Wayne Swan, delivered the Labour Government’s budget on the 14th May 2013. This special…

The Reserve Bank’s decision to reduce the prime interest rate to 2.75% (the lowest for 50 years) confirms the difficult…

Albert Einstein once famously said that, ‘the hardest thing in the world to understand is income tax’. But don’t let complexity…

Time is one of those things which cannot be expanded, however it can be better managed.  Every one of us…

Employers and individuals using a vehicle for work may find it useful to consult ATO guidelines when claiming work related travel expenses. Please follow…

Business Conditions Still Bumpy. The Reserve Bank has announced that interest rates will remain on hold at 3%. There are some expectations…

What a start to a new year! Bushfires, floods, and tornadoes causing immense problems to primary producers, small business operators and…

Following an announcement made by the Government in the 2012-2013 Mid-Year Economic and Fiscal Outlook (MYEFO) report, penalties for non compliance by SMSF trustees will increase…

As the festive season approaches, many businesses may be starting to plan Christmas functions and thinking about offering their staff,…