March 2017 - KLM Accountants

pensioners transitioning into retirement as changes to superannuation passed

Transition to retirement pensions – back to their true purpose

by adminNews March 24, 2017June 23, 2021Comments are Disabled

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they transition to retirement. The new rules will remove the tax …

4 apps to stop late payments affecting your business’ cash flow

by adminNews March 1, 2017June 23, 2021Comments are Disabled

Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not just bad business—that’s illegal. But to do that, you need your clients to pay their …