Slowing down
In the world in which we live, the pace of life is getting faster. Christmas
has come around again and many of us feel as though we have hardly had time
to blink since the last one. But the Christmas - New Year period is often
the only time that many people get to slow down and reflect on the really
important issues in life. Taking stock is not always easy but we encourage
our clients, friends and staff to take time out this festive season to
reflect, dream and plan.
Images of Christmas
A young child playing with a basketball is one of the
many images we expect to see around Christmas time. But there are indigenous
communities around Australia where such opportunities are few and these
scenes are nothing but a dream. Day3 features in our Client InFocus and they
are passionate about improving the lives of others. Their support for the
Athletes as Role Models (ARM) Tour is a way of giving hope to
underprivileged youth in remote regions.
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Client Infocus
The IT industry has certainly been volatile over the last few years.
Day3 has experienced the highs and lows but sees an exciting future.
During
the mid to late 1990s, the corporate world rushed to capitalise on the
abundant possibilities of the internet. Rob van der End anticipated the
boom, rode it when it was at its height and suffered during the subsequent
collapse. Day3 has changed a lot by identifying expanding technologies and
markets. They are also very enthusiastic supporters of the Athletes as
Role Models (ARM) Tour that organises leading Australian sports identities
to visit isolated indigenous communities in the Northern Territory.
Read more
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Workplace Giving
The Federal Government has implemented
Workplace Giving. It provides time-poor people with a way to
actively support their favourite charitable organisation.
Read
more
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The ATO is closing in
The ATO is becoming increasingly sophisticated in the ways they perform
their duty.

The ATO has the responsibility of
ensuring the taxpaying community fulfil their tax obligations. It is
becoming evermore vigilant and sophisticated when it comes to verifying that
taxpayers are complying with the tax laws.
Read more
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The Count Report
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Capital Gains Tax records
CGT legislation requires records to be retained.
All items
included in tax returns need to be substantiated by records. We outline
some of the particular requirements associated with keeping Capital Gains
Tax (CGT) records.
Read more
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Global economic update
Our
recent seminar was a great success.
We recently held our Global Economic & Market Update with Tracey
McNaughton, Senior Economist of the BT Financial Group as guest speaker.
The session was well attended by many of our clients. Tracey presented
BT’s overview of global and Australian economic conditions and the effects
on Australian and international markets including property.
It was an excellent, informative presentation and thoroughly enjoyed by
those who attended. We will keep you posted on similar events in the future.
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Changes to superannuation
There have been significant changes in the area of superannuation and
they affect many Australians. We highlight some of the areas.
Read more
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Around the firm
Cliff
Dawson has recently stepped down as Chairman of the Whitehorse Business
Group. After a total of six years on the Board and two as Chairman, Cliff
has seen significant growth in the group. He has enjoyed his time as
Chairman and is confident that the group is in good shape heading into the
future.
Our Reception team has recently welcomed Alicia Demond who started with
us a couple of weeks ago. We also look forward to welcoming Laura Bagulho
who will be joining us in January to assist our Audit division in many of
the administrative tasks required by a busy team.
Mark Wadia of our Financial Planning team has celebrated becoming a
father for the first time. We congratulate Mark and Karen on the birth of
their daughter Amber.
Office closure
Our office will be closed from midday on Thursday 22 December 2005 and
will re-open on Tuesday 3 January 2006.
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Disclaimer This publication has been prepared on the basis of information available at the date of preparation. The information is general in nature and is not to be taken as substitute for specific professional advice. We recommend that our advice be sought on specific issues prior to acting on transactions affected.
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