Comprehensive Credit Reporting

Comprehensive Credit Reporting

Comprehensive Credit Reporting  is a change to credit reporting by banks in Australia. In line with other financial service providers, and a number of banks have elected to participate immediately. Under the new comprehensive credit reporting system, your credit reports will show more information about your credit behaviour for home loans, credit cards and personal lending applications.

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Patrick Rowan Accountants Geelong 45 year celebrations

Patrick Rowan Accountants. Celebrating 45 years

MEDIA RELEASE. As Patrick Rowan & Associates Accountants celebrates 45 years in business, founder Patrick Rowan reflects on the vast changes not only in technology but also people and culture. It’s 1973, Gough Whitlam begins his tenure as Prime Minister of our country. Young entrepreneur, Mr Patrick Rowan takes the plunge and starts out in business. Founder of Patrick Rowan & Associates, a local Accounting and Business Advisory firm, Mr…

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Award Payroll Tax Changes 1 July 2018

Changes for Business Owners 1 July

There have been important Government changes that have come into effect from 1 July 2018 including changes to minimum wage, payroll tax and long service leave. Please take the time to ensure your business is compliant.  

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Single Touch Payroll Accountants Geelong

Single Touch Payroll. Are you ready?

What is Single Touch Payroll? Single Touch Payroll is a compulsory reporting change for employers with 20 or more employees across all grouped companies.  It starts from 1 July 2018. You will need to report to the Australian Taxation Office (ATO) payments such as salaries and wages, pay as you go (PAYG) withholding and superannuation information each time you pay your employees.

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Director penalties and tax debts

Directors Penalties and Tax Debts

There have been a number of developments recently in the area of Director’s Penalties and Tax Debts. In this article Patrick Rowan & Associates review the potential liabilities of business owners and directors. Important reading for all business owners and directors.

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Patrick Rowan & Associates End of Year Tax Tips

10 Year End Tax Tips

As we we approach the end of the financial year, it’s time to ensure your tax affairs are in order and to consider key tax planning strategies. Here’s some end of year tax tips: 1. Bring forward Deductions Any expenses to be claimed in the 2018 financial year need to be paid prior to June 30, so it can be valuable to take a look at any expenses that may…

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