Perks- Focussed, Client-driven Accounting & Financial Services Firm in South Australia & Northern Territory

The Federal Government has introduced a Bill into Parliament which seeks to:

set the PAYG instalment factor at 2% for the 2009/10 income year; and
allow taxpayers who are voluntarily registered for GST and choose to remit GST annually to also remit their PAYG instalments annually.

Division 7A loans: trust entitlements - TR 2009/D8
This draft Taxation Ruling was released on 16 December 2009 for public comment by 12 February 2010. Its full title is "Income tax: Division 7A loans: trust entitlements".

Proposed Amendments to Tax Laws
The Government has introduced a Bill proposing amendments to tax laws, including changes to the taxation of employee share schemes and the non-commercial losses rules.

Collapsed Managed Investment Schemes and Tax Consequences
The Commissioner has given his preliminary views on the tax consequences for investors with interests in collapsed managed investment schemes.

"Perks have provided me with excellent advice regarding the management of my company.” Warren Rogers

"Perks is more than just our accountants. They’re genuinely our business partner and advisors.” Jenny Sherman

“The proactive nature and forward thinking of the team at Perks has made us stop and think." Neil and Andrew Pike

"Perks has always swiftly responded and seamlessly fallen into stride with us to explore opportunities.” John Kain

"Perks has been our accountants, financial and business advisors for over two decades – critical at every stage of our business journey. " Greg Ennis

"Their detailed understanding of the process...and hands-on approach all combined to achieve an excellent result." Chris Day