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Champion's end of financial year checklist 30 June

This month's articles

Intellectual property at a glance
Succession planning for family businesses
SMSF arm's length transactions
The Sole Purpose Test

Motor vehicle deduction calculation changes
ASIC - Application to change the review date of a company
Leverage from LinkedIn
Woman in Business
Up close and personal
Quote of the month

BUSINESS

Intellectual property at a glance

 
While intellectual property can be a valuable business asset for business owners, it must be legally protected if a business owner wants to increase the value of their business.  Read More

Succession planning for family businesses

 
Developing a sound succession plan can be a tricky process, especially for business owners looking to handover the business to family members.  Read More
SUPERANNUATION

SMSF arm's length transactions

 
Investment transactions in your self-managed superannuation fund (SMSF) must be maintained on an arm’s length basis to ensure no conflict of interest arises.  Read More

The Sole Purpose Test

 
Individual trustees and directors of self-managed super funds (SMSF) take on a number of significant responsibilities and obligations when running their fund.  Read More
TAXATION

Motor vehicle deduction calculation changes

 
From July 1 2015 onwards, some changes to the legislation regarding motor vehicle deductions on taxable income will commence.  Read More
ADMINISTRATION

ASIC Form 488 - Application to change the review date of a company

 
Did you know ASIC offers the ability to align your annual company statement review dates of multiple companies?  Read More

Leverage from LinkedIn

 
LinkedIn is not just a tool employed by large firms; small business owners can also build their business’s network, gain exposure and acquire new customers by utilising this social platform.  Read More
COMMUNITY

Women in Business Lunch - Celebrating International Women's Day

 
Champions had the pleasure of being a major sponsor and attending the Coleman and Greig "Women in Business" lunch on Friday the 18th of March 2016. Read More
 
UP CLOSE & PERSONAL

With Jack Donoghue
 

Jack started with Champion's in January as one of our cadets. 

This month we get to know Jack a little better.

Can you tell us a bit about your role at Champions?

 
As a cadet accountant, I do a lot of ad hoc tasks, such as setting up work papers for other accountants, saving MYOB files, and usually any other general tasks that help out the admin team. After training and a couple of months on the job, I’m doing a lot of individual tax returns, and am transitioning into doing some basic company tax returns.
 

How would you describe Champion's as a firm?


A small-medium firm with a great support and social network, with friendly and intelligent staff who are always willing to help.
 

What do you enjoy doing in your spare time?


I enjoy going to the gym, going out on the weekends and listening to music.
 

What is the last book that you have read?


I honestly can not remember! It would have probably been something assigned to me in English in High School.

What is your favourite movie?

Fight Club!

Where is your favourite holiday destination?


 The Phillipines as I have alot of family over there.
 

If you were stranded on a deserted island what is the one thing you could not do without?


Besides food??  Probably my mobile phone!
 
" A satisfied customer is the best business strategy of all " - Michael LeBoeuf
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www.champions.com.au
Champion's Business Growth Advisers Pty Ltd · Level 3 · 107 Phillip Street · Parramatta, NSW 2150 · Australia
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