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Small business is tough – cashflow, sales, marketing, tax, operations, distribution, legal – you have to be an expert in all of them! So it’s our goal to make sure we are truly pro-active in teaching business owners “how to keep getting better in business”.

So what does b-Mail stand for?

b-Mail stands for many things – “business mail”, b-motivated”, “b-proactive”, etc. b-Mail is your premium source of cutting edge business ideas, strategies and tools packed with more “how to’s” and “show me’s” than the “average e-newsletter” can provide.

13-Sep-2019 Robson Partners

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Have you future proofed your business?

13-Sep-2019 Robson Partners

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Protecting you and your family

Insuring your car, home or other possessions makes sense. So why do so few of us insure ourselves? If illness or injury stopped you from working for an extended period, could you keep paying your bills? Personal risk insurance gives you peace of mind that if the unexpected occurs, you and your family will be provided for.

13-Sep-2019 Robson Partners

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Audit activity by the ATO set to intensify

A recent analysis by the Australian Tax Office (ATO) shows that the tax gap across various sectors of Australia’s economy accounts for a potential $50 billion.

22-Aug-2019 Robson Partners

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Market Update: Volatile Response to Global Events

You may have heard some of the noise around yesterday’s market performance. Here is some information to explain how it happened and what it means for investment in Australia.

22-Aug-2019 Robson Partners

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Important information about Single Touch Payroll (STP)

This is a special notification about Single Touch Payroll (STP) legislation that is taking effect on 1 July 2019. It is particularly relevant to employers, and may be of interest to employees.

21-Aug-2019 Robson Partners

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Investment Fundamentals

If you’re just starting out as an investor, there’s a lot of information to absorb. This fact file defines and explores the pros and cons of each asset class, why certain asset classes are more appropriate for different types of investors and why no asset class consistently outperforms the others.

21-Aug-2019 Robson Partners

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Small Business Forecasting

Many small businesses consider accounting to be a retrospective exercise. Good financial management however, is a forward-thinking commitment based on accurate data. It’s a dedication to forecasting.

14-Aug-2019 Robson Partners

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Speaker at GEC Chamber Luncheon 14 August 2019: David Smith on Digital Disruption

Digital disruption is happening to all of us at this very moment. It doesn’t have a beginning, middle or an end. It is ongoing and the businesses and brands that embrace emerging digital technologies are innovating faster, impacting harder and growing market share.

24-Jul-2019 Robson Partners

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The Government has cut income tax

Earlier this month, the Morrison government delivered a $158 billion income tax cut to millions of workers.

24-Jul-2019 Robson Partners

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Be aware of an increased number of tax scams at this time of year

Unfortunately tax time proves to be rich pickings for scammers. Some of the latest scams are clever in their communication delivery and impersonation techniques, and some scams are practically invisible in the form of malware on your phone.

24-Jul-2019 Robson Partners

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ATO Hit List: Know what you can claim

In the most recent update from the ATO, corporate Australia had a $1.8 billion tax gap. Individuals represented a staggering $8.7 billion tax gap, with 'work-related' expenses to blame.

21-Jun-2019 Robson Partners

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Robson Partners in the Community

Donate and participate! That is Robson Partners commitment to the community of the Central Coast. As we wrap up the Financial Year, we are proud to count more than $21,000 in charitable donations plus an incredible team volunteer event with Coast Shelter on Friday 24 May as part of National Volunteer Week.

21-Jun-2019 Robson Partners

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Legislation changes to impact business owners

The business-scape is constantly changing and when business owners and operators are rightly focussed on the business plan, legislation and regulatory changes can seem left of field.

21-Jun-2019 Robson Partners

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EOFY Business Checklist

End of Financial Year (EOFY) is an important time for business. Getting it right can organise and optimise your business performance for the year ahead.

21-Jun-2019 Robson Partners

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Important superannuation and Centrelink changes commencing 1 July 2019

With 1 July just around the corner, a number of new superannuation and Centrelink rules that could impact your financial situation will come into effect.

21-May-2019 Robson Partners

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What a Coalition Government means for personal wealth and investment

The Coalition will introduce some cuts to income tax and borrowing regulation that will affect workers, retirees and/or first-home buyers. The recent election result has also impacted investors in the share market.

21-May-2019 Robson Partners

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What a Coalition Government means for Small Business

Small businesses often have to work in a haze of ambiguity. With the election now done and dusted, it’s time to get clear on the policies that will impact small business over the next three years.

23-Apr-2019 Robson Partners

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Microfinancing

You know that feeling you get when you find money in your pocket that you didn't know was there! Microfinancing can have the same effect in an electronic capacity. It is money you don't notice, doing smart things while you're not watching.

23-Apr-2019 Robson Partners

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Structurally Sound

A large portion of the advice we give to clients is related to business structure. It is a critical component of your business success and has implications to your taxes, liabilities and general long-term wellbeing as a business owner.

03-Apr-2019 Robson Partners

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Count 2019 Federal Budget Snapshot

On Tuesday 2 April, the Federal Government handed down its Budget for the 2019-20 financial year. This is the first Budget delivered by Treasurer Josh Frydenberg and will be the final Budget before the next Federal Election.

13-Mar-2019 Robson Partners

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Client in Focus - Loughlin Furniture

This year, Loughlin Furniture celebrates 10 years of business growth on the Central Coast. What was initially a hope and a risk for the husband and wife pair has become a premium local business offering of natural custom timber furniture that is treasured by their customers.

13-Mar-2019 Robson Partners

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The business owner's checklist

Being your own boss can be rewarding, but it's also incredibly challenging. That's why it's important to future-proof your hard work by taking steps today that will protect your business for tomorrow.

13-Mar-2019 Robson Partners

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Financial stress is real

A large-scale study on the financial state of Australians was released in February, revealing that two-thirds of our population feels financially vulnerable. So what can we do?

08-Mar-2019 Robson Partners

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Women, Wisdom and Wealth - Breakfast Seminar

There's a sad truth when it comes to women's finance in Australia: women earn less, retire with less and are less confident to invest.

06-Feb-2019 Robson Partners

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Single Touch Payroll Online Webinar

Single Touch Payroll will go live in July, which means all companies who employ staff will be required to digitally report their payroll transactions to the ATO.

05-Feb-2019 Robson Partners

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Superannuation - It's a buyers market

There’s been a bit of buzz in the news about the Productivity Commission’s report about Superannuation late December 2018. We’ve plucked out some headlines that might impact fund-holders and encourage you to ask yourself if you’re in the driver’s seat, or in the boot?

05-Feb-2019 Robson Partners

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Personal Wealth - Financial Goal Setting

We all know we should do it, but getting started is often the hardest part.

27-Dec-2018

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Important message: Scam email

We have become aware this morning that our cloud based Mailchimp account (used for our e-newsletter) has been illegally accessed to send you, what purports to be an invoice from us.

13-Dec-2018 Robson Partners

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Just in: Single Touch Payroll passes Senate

It’s official! Single Touch Payroll is go! The Senate passed the Treasury Laws Amendment (2018 Measures No. 4) Bill, meaning Single Touch Payroll reporting will be required by all employers, regardless of the number of employees.

13-Dec-2018 Robson Partners

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Client in Focus: Raymond Lees Jewellery

Central Coast resident of more than 40 years, Ray Lees, followed a passion for general minerals into a career as a bespoke Jeweller. He now handles some of world’s most precious gems, and creates exquisite pieces of art for people to wear and treasure.

13-Dec-2018 Robson Partners

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Robson Partners in the Community

As a local business of more than 30 years, we’re pretty passionate about supporting the Central Coast community. One way in which we can help, is through fundraising.

13-Dec-2018 Robson Partners

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Investment 101: Terms and summer reads to inspire a smashing 2019

The summer break is the perfect time to step away from the every-day and think big-picture about your financial wellbeing in 2019.

07-Dec-2018

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2018 Christmas Office Closure

The team at Robson Partners would like to take the opportunity to wish you a Merry Christmas and a fresh and bright New Year!

Robson Partners will be closed for our annual holidays from 5PM Friday 21st December 2018, and will reopen Monday, 14th January 2019.

20-Nov-2018

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Employer Super Contributions to increase in 2025

There has been much in the media about compulsory employer superannuation contributions.
There is no change from 9.5% on the horizon until 2021. Here is a complete guide.

19-Nov-2018 Robson Partners

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Osmond McLeod Architects

One talented architect helped design some of Sydney’s most remarkable multi-residential, retail and commercial buildings, but the high life left him wanting something more personal. Now, he is living his career dream, creating bespoke homes for families on the Central Coast.

19-Nov-2018 Robson Partners

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On leadership and feedback

Research suggests that the most effective leaders regularly seek feedback.

19-Nov-2018 Robson Partners

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Our money in 2019: Growth is slowing and risks are rising

Ryan Felsman, Senior Economist from CommSec is coming to the Central Coast in December to talk about what’s happening in the broader finance-scape that will impact us at home in 2019.

23-Oct-2018 Robson Partners

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Small Business Tax Cuts

17-Oct-2018 Robson Partners

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Client in Focus - Onyx Coffee Spirits

17-Oct-2018 Robson Partners

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U-Factor Recommendation: Small Business Month Podcast

16-Oct-2018 Robson Partners

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Business Owners: Time to get your head in the cloud

20-Sep-2018 Robson Partners

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Go Fund Me Go - New crowd funding laws for businesses

Industry news:
From 15 October 2018, a private company will be able to raise capital from the public.

The Senate passed the Corporations Amendment (Crowd Sourced Funding for Proprietary Companies) Bill 2017 on 12th September 2018.

17-Sep-2018 Robson Partners

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LinkedIn for Small Business

If someone gave you the opportunity to attend a meeting where thousands of your prospects were also present, you’d be silly not to take them up on the offer…right?

13-Sep-2018

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Spring clean: Celebrate wins and manage losses

We have arrived at the perfect time of year to do a spot check and a spring clean of your finances. Here’s how!

06-Aug-2018

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9 questions to ask before starting a business

Starting a business is part science, part art, and a large part hard work! It can get lost in all the excitement but you need to get the balance right.

30-Jul-2018 Robson Partners

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Managing receipts: How small businesses are banishing bookkeeping boredom

They say only two things are certain in life: death and taxes. For a lot of people, there’s also a third certainty in life: the pain of keeping track of every receipt when it’s time to do the taxes.

23-Jul-2018 Robson Partners

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Small Business, Big Decisions: Why savvy business owners ‘rent’ CFO-level experience

Larger businesses have a Chief Financial Officer (CFO) of staff. But what can small and medium sized businesses do in this regard?

26-Jun-2018 Robson Partners

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7 strategies for growing your super fund

Have you been doing the numbers and panicking a little recently?

If your super fund is a little ‘light’ as you start to think ahead to your golden years, you’re not alone.

13-Jun-2018 Robson Partners

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Taking cover: 5 types of business insurance you should consider

Whoever said, “You can never have too much insurance” obviously never had to pay the premiums. Still, there’s no denying the fact you need it to protect your business and its assets.

06-Jun-2018

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9 ways you can pay less tax (but you need to act quickly)

Time is running out.

If you want to take a few simple preventative measures to minimise or defer how much tax you will pay for this Financial Year, you need to do two things:

30-May-2018

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Team Communication Tools: How to free up 25-30% more time in your business

The world has changed. Work has changed.

The possibilities provided by cloud and mobile technologies are beyond what most people would even have considered possible just a decade ago.

23-May-2018

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Key Person Insurance: Could your business survive losing one if its key people?

As much as you try to share skills, knowledge and information in your company, you probably have some people who are key to your business’ success.

23-Apr-2018

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Smart ways to ease yourself into retirement, pay less tax and boost your super

Two things first up: (1) If you want to (or have to) work past the age of 55, you need to read this article; or (2) If you know someone else who that applies to, please forward them this article or a link to it.

They'll thank you for it.

20-Apr-2018 Robson Partners

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Unmasking liability: 6 signs that contractor is really your employee

In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a formal recruitment process.

09-Mar-2018 Robson Partners

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Manage your own retirement fund: 9 steps to set up your SMSF

Are you worried that your hard-earned money is not working hard enough for you? That your dream of your golden years spent on the golf course or with loved ones on the beach is fading fast?

01-Mar-2018 Robsons Partners

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Where did it go?: Taking the mystery (and pain) out of managing your money

Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from one pay period to the next.

22-Feb-2018 Robsons Partners

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3 reasons personal budgeting Is brilliant, not boring!

If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both?

15-Feb-2018 Robsons Partners

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Why a good cash flow can be more important than a big profit

There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.”

07-Feb-2018 Robson Partners

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John Hypatidis Retirement Function

Wishing John a Happy Retirement!

31-Jan-2018 Robson Partners

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Why Business Budgeting is more about being Accountable, than it is about Accounting

For many, the word ‘budget’ is about as appealing as the word ‘diet’.

It seems to imply what you will go without, rather than what you will achieve.

19-Jan-2018 Robson Partners

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ON versus IN: Why you should work on your business instead of just in it

“You need to work on your business, not just in your business.”

20-Dec-2017 Robson Partners

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Business owners: Are you inadvertently putting your family home at risk?

As a business owner, there are plenty of things you need to manage, and two of the most important of these are assets and risks.

In other words, building your wealth and protecting your wealth.

15-Dec-2017 Robson Partners

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10 tips for rental property owners to avoid common tax mistakes

Below is a list of tips from the Australian Taxation Office that should help rental property owners avoid what it has found are the 10 most common tax errors made by rental property investors. The ATO says that avoiding these tax mistakes will save many taxpayers both time and money.

30-Nov-2017 Robson Partners

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Business owners: Are you keeping your eye on the ball, or the scoreboard?

The principles behind winning in business and winning in sport are similar in many ways.

Take tennis, for example. If you’ve ever watched a match on television, you’ll know that along with all the hitting, running and grunting there are a lot of numbers involved.

15-Nov-2017 Robson Partners

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Client in Focus: Chessplus

We speak with Christian Simpson, founder of Chessplus, to talk about what inspired him to develop and refine such an interesting and slightly different concept of the traditional game of chess.

15-Nov-2017 Robson Partners

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TED Talks: Paul Tasner - How I became an entrepreneur at 66

It's never too late to reinvent yourself. Take it from Paul Tasner - after working continuously for other people for 40 years, he founded his own start-up at age 66, pairing his idea for a business with his experience and passion. And he's not alone. As he shares in this short, funny and inspirational talk, seniors are increasingly indulging their entrepreneurial instincts and seeing great success.

15-Nov-2017 Robson Partners

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Beware Division 7A when borrowing from your business

Business owners of private companies often borrow money from their own companies for all sorts of reasons. However, there is an area of the tax law that seeks to sanction against situations in which private companies dole out money to those within a business, in a form other than salary or dividends, that needs to be understood by business owners. This is known as Division 7A.

15-Nov-2017 Robson Partners

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Tax and Christmas party planning

Christmas will be here before we know it, and the well-prepared business owner knows that a little tax planning can help make sure there are no unforeseen tax problems.

15-Nov-2017 Robson Partners

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Land Tax: State-by-State

Land Tax is a State based Tax consequently if you have properties in various States you will need to meet each states individual land tax regulations. So even if you have properties held by the same entity but in different States this entity will be required to lodge Land Tax Returns for each respective State.

08-Nov-2017 Robson Partners

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Lunch with Craig James - The Current Economic Trends

Robson Partners were proud to sponsor the Gosford/Erina & Coastal Chamber of Commerce November event, Lunch with Craig James, Chief Economist for Commsec.

17-Oct-2017

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Immediate deductions for start-up costs

16-Oct-2017 Robson Partners

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TED Talks: Tesla He - Virtual postcards get us closer

"I have an image in my mind: a pair of eyes, of my grandma, looking at me full of hope." His family back in China, himself working in Switzerland, Tesla He believed in the power of virtual reality and augmented reality technologies to help bring people closer together. Tesla grew up in China with the top education record from Elementary school to University. He came to Switzerland, and enrolled in a Master of Finance program in HEC Lausanne. His grade of the first semester broke the record of the past two years. As a result, he was offered to enter a PhD program directly. Tesla wanted to deliver an impact in industry. Therefore, he gave up this academic opportunity, and took a financial manager position at Nestlé. After two years of valuable experience there, he joined a start-up as a key partner. Together with the founding team, they grew the start-up from scratch to raiding CGF 35 millions. This experience helped him to realise that he enjoys delivering impacts. Now, with his team, they are developing a way to send virtual postcards that allow people to share immersive feelings.

16-Oct-2017 Robson Partners

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Small business car parking FBT exemption

A business becomes liable for car parking fringe tax where it provides parking for more than four hours on its premises to its employees, and is situated within one kilometre of a commercial car park where the minimum all day cost is more than the current parking fringe benefit threshold ($8.66 a day for the 2017-18 FBT year).

16-Oct-2017 Robson Partners

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Considering ride-sharing for income?

Have you or someone you know considered taking up ride-sharing (also called ride-sourcing) to earn extra income, or even as an alternative form of employment?

16-Oct-2017 Robson Partners

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What the proposed housing-based super contribution initiatives offer

After waiting for what seems like an eternity, the government has finally put to Parliament its draft legislation around two of its schemes.

15-Sep-2017 Robson Partners

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Client in Focus: Allcoast Locksmiths

We speak with owner, Nicole Dimech, on the successful expansion of the family business, and discuss the challenges faced when merging two businesses.

15-Sep-2017 Robson Partners

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TED Talks: Ray Dalio - How to build a company where the best ideas win

What if you knew what your coworkers really thought about you and what they were really like? Ray Dalio makes the business case for using radical transparency and algorithmic decision-making to create an idea meritocracy where people can speak up and say what they really think - even calling out the boss is fair game. Learn more about how these strategies helped Dalio create one of the world's most successful hedge funds and how you might harness the power of data-driven group decision-making.

15-Sep-2017 Robson Partners

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Look before you leap - the small business CGT concessions

The CGT relief concessions that are available to small businesses can be very generous. However they can also be complex and confusing, so knowing a few of the finer details can go a long way to ensuring your small business can take best advantage of them.

15-Sep-2017 Robson Partners

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Life policy bonuses and tax

When a life insurance policy has been held by a taxpayer for 10 years or longer, reversionary bonuses received on that policy are generally tax-free. For policies held for less than 10 years, stipulated amounts are included in the taxpayer's assessable income, and a tax offset is available.

15-Sep-2017 Robson Partners

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Deductions for finance for a rental property

Interest can be claimed for the cost of funds borrowed to purchase a rental property and to meet maintenance costs or running expenses while the rental property is being let (or is available to be let) under a commercial arrangement to generate assessable income.

15-Aug-2017 Robson Partners

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TED Talks: Tricia Wang - The human insights missing from big data

Why do so many companies make bad decisions, even with access to unprecedented amounts of data? With stories from Nokia to Netflix to the oracles of ancient Greece, Tricia Wang demystifies big data and identifies its pitfalls, suggesting that we focus instead on "thick data" - precious, unquantifiable insights from actual people - to make the right business decisions and thrive in the unknown.

15-Aug-2017 Robson Partners

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Tax deductions specifically for SMSFs

One overarching fundamental that SMSF trustees should ideally keep in mind is the sole purpose test - that is, every decision made and action taken is required to be seen as being undertaken for the sole purpose of providing retirement benefits for the fund's members.

15-Aug-2017 Robson Partners

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Understanding your super and pension statements

Confused by what all the facts and figures mean on your super or pension statements? Don't despair - here's how to translate them.

15-Aug-2017 Robson Partners

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Substantiation for mobile, home phone and internet costs

The ATO has issued guidance on making claims for mobile phone use as well as home phone and internet expenses, and says that if you use any of these for work purposes you should be able to claim a deduction if there are records to support claims.

18-Jul-2017 Robson Partners

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TED Talks: Tim Ferris - Why you should define your fears instead of your goals

The hard choices - what we most fear doing, asking, saying - are very often exactly what we need to do. How can we overcome self-paralysis and take action?

Tim Ferris encourages us to fully envision and write down our fears in detail, in a simple but powerful exercise he calls "fear-setting." Learn more about how this practice can help you thrive in high-stress environments and separate what you can control from what you cannot.

14-Jul-2017 Robson Partners

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ATO waves a red flag on deductions for holiday rentals

Just when many Australians are considering getting away for a mid-winter break, the ATO is reminding taxpayers that it is paying close attention to rental properties located in popular holiday destinations around Australia.

14-Jul-2017 Robson Partners

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Be prepared: What you need to bring to your tax return appointment

If you're coming in soon to discuss your tax return for yourself or your business, try not to turn up completely empty handed, or at least to turn up prepared with some records or electronic access to them.

14-Jul-2017 Robson Partners

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New ransomware outbreak - Be alert!

Thousands of computers around the world are becoming infected by a fast spreading ransomware. Big businesses are getting hit. An entire hospital is shut out of its system, and suddenly, it's everywhere - the next big ransomware attack.

03-Jul-2017

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Gosford/Erina & Coastal Chamber of Commerce and Industry Awards Night

Robson Partners were proud to sponsor business excellence on the Central Coast at the Annual Gosford/Erina & Coastal Chamber of Commerce awards night on Saturday, 1st July 2017.

15-Jun-2017 Robson Partners

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TED Talks: Curtis "Wall Street" Carroll - How I learned to read - and trade stocks - in prison

Financial literacy isn't a skill - it's a lifestyle. Take it from Curtis "Wall Street" Carroll. As an incarcerated individual, Carroll knows the power of a dollar. While in prison, he taught himself how to read and trade stocks, and now he shares a simple, powerful message: we all need to be more savvy with our money.

15-Jun-2017 Robson Partners

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What is a tax loss, and how can it be turned to good use?

You generally make a tax loss when the total deductions that can be claimed for a financial year exceed the total of assessable and net exempt income for the year.

15-Jun-2017 Robson Partners

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End-of-year tax planning tips for business

The general rule is that you can claim deductions for expenses your business incurs in its task of generating assessable income. Many of these deductions are obvious - rent, materials, supplies and so on - but there are also some less obvious options left available just before the end of the income year, should your circumstances suit, to further reduce your enterprise's tax burden for the year.

15-Jun-2017 Robson Partners

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SMSF real-time reporting slated for FY2018-19

The ATO has progressed its talks and work with industry to implement events-based reporting in the SMSF sector, and reassured professionals it may not be as regular as some had initially thought.

30-May-2017 Robson Partners

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Superannuation Changes - Need to act NOW... but what do I do?

The 2016 Budget saw some changes announced by the Government which are now in place, with key reforms coming into effect from 1 July 2017.

These are the BIGGEST changes to happen in Superannuation for over a decade, and they will have an impact for decades to come.

15-May-2017 Robson Partners

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2017-18 Federal Budget Update - a quiet night for SMSFs

Self Managed Superannuation Funds can breathe a sigh of relief after the Government handed down a Budget that largely left superannuation untouched.

15-May-2017 Robson Partners

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TED Talks: Elon Musk - The future we're building - and boring

Elon Musk discusses his new project digging tunnels under LA, the latest from Tesla and SpaceX and his motivation for building a future on Mars in conversation with TED's Head Curator, Chris Anderson.

15-May-2017 Robson Partners

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Selling up your business? Don't forget the "going concern" GST exemption

The concept of a "going concern" exemption for the purposes of the goods and services tax (GST) can still cause confusion when businesses are sold.

15-May-2017 Robson Partners

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Avoid being a sitting duck to email threats and phishing campaigns

Phishing emails remain the most popular method to deliver malware.

15-May-2017 Robson Partners

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The CGT implications of subdividing and building on the family property

Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and subdivide the block containing the family home and build residential units.