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Welcome to the October newsletter.
We thought it would be appropriate to dedicate this month’s newsletter to the current turmoil in the world financial markets. There has been much said and written on this topic and we certainly do not wish to add ‘our 2 cents worth’ now. Instead we have decided to provide a snapshot of views currently being expressed, commentary given and initiatives promised.
We recommend you read all the content to assist you in forming your own balanced view. We have seen a variety of information ranging from factual reporting to mere opinions, many with half truths and hidden agendas.
Whilst we cannot pretend to cover all of the very real issues the world economies face, we have provided the following as a starting point for you to form a sensible view. Everyone’s circumstance is unique and the affect of current markets varies for each of us. Therefore we urge you to contact us to discuss any concerns you have. Let us help dispel the myths to allow an analysis of the facts and the impacts on your personal situation.
Why the RBA cut rates a full 1%
Why employment numbers are critical
What the Governments response has been
A look at how and why by CommSec
The US perspective as seen by Warren E. Buffett
‘The tale of Mr I.M. Typical’ provided by ipac securities limited (phone 1800 626 881) |
ATO Key Dates
Tuesday 11 November
• Quarterly activity statement, quarter 1, 2008-09, due date for lodgment and payment – via paper or electronic commerce interface.
Saturday 15 November
• Superannuation contributions surcharge and termination payments surcharge assessments issued.
Friday 21 November
• Monthly activity statement, October 2008, due date for lodgment and payment.
Tuesday 25 November
• Quarterly activity statement, quarter 1, 2008-09 – via secure electronic lodgment (electronic lodgment service or the Tax Agent Portal), due date for lodgment and payment.
Friday 28 November
• Due date for lodgment of the Superannuation guarantee charge statement – quarterly and payment of the superannuation guarantee charge for quarter 1, 2008-09 if sufficient contributions were not paid on time. The superannuation guarantee charge is not tax deductible.
Friday 30 November
• Retirement savings account (RSA) providers to lodge regulatory return with Australian Prudential Regulation Authority (APRA) by 30 November 2008.
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The material and contents provided in this publication are informative in nature only. It is not intended to be taxation, business or financial advice. You should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained. |
