June News

Clear Vision • June 9, 2016

Office News
TraceyMeet Tracey our new Client Services Administrator! She will have her training wheels on for a couple of weeks but has lots of experience in the service industry so she will be a great asset to the team.

Karen has officially returned to work after having almost 12 months off after having her 2nd child. Karen will be working 2 days a week and can’t wait to catch up with all her clients again.

Teneille was back in Toowoomba last week and found the cold a little hard to deal with after the sunshine of Cairns! Teneille resides in Cairns permanently now and works externally – a testament to how far technology has come when you can work from over 1600kms away!
Who wouldn’t want to be in Cairns now that winter has finally hit Toowoomba??

 
kwickie Have you heard of Kwickie?

Kwickie is a video messaging app that brings fans and their friends closer together. Simply record a short video message and send to your favourite friend, fan and celebrity. Once they have responded, your Kwickie is complete and ready to be shared with the world.

Through AMMA you can be part of Kwickie. AMMA Member Accounting Firms and Existing Investors from other AMMA projects have requested they are provided a Priority OFFER for new Projects such as Kwickie, rather than hear about an investment opportunity after early rounds and prices have already closed.

SERIES B has opened recently at $0.50 share for $5.0M. As of today $3.6M has been secured and in the last 30 days (it is expected SERIES B will be complete in next 14 days).
If you want more information on Kwickie contact Justin Searle today.

 

LifelineEvery year CVA raises money to support a local charity. Last year we raised over $600 to help a local family with their Back To School supplies ensuring the kids started the school year on the right foot.

We had so much positive feedback that we have decided to do the same this year. Lifeline will be selecting a local Toowoomba family that we can donate vouchers from Browns Office Choice for their Back To School list.

If you want to help us help a local family contact us on how to make a donation.

 

$20k Asset Tax Write Off… money

Do you have a small business? Are you contemplating purchasing assets to help your business grow?

Small businesses can now claim an immediate deduction on their next tax return for depreciating assets that cost less than $20k. Assets can be purchased new or second-hand but must be used in the business for an income-producing purpose.

For assets that cost $20k or more group them into what is known as a small business pool. 15% can be claimed of the pool in the first year tax return and 30% of the pool in each year after that. If the balance of the business pool falls under $20k (before 15% or 30% deduction) claim this amount in full as a deduction in the tax return.

For more information on how to make this new ruling apply to your business call us today.

Office for Rent…
Do you or someone you know need some office space? We have 2 offices (or can be made into one very large office) available for rent now. Offices are partly furnished with desks and chairs, with a communal kitchen. Reasonable rates with separate utilities, air conditioning, 1 on site car park as well as client parking.

Phone Justin for more information on 07 4688 2500.

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Capital Gains Tax Implications of Subdividing Land in Australia

By Caroline Gillies • June 1, 2025
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Autumn Tax Tips: Make the Most of the Final Weeks Before Year-End

By Caroline Gillies • May 25, 2025
As we step into the final week of autumn and feel winter’s chill approaching, it’s a natural time for reflection—and that includes taking stock of your financial and tax situation. The end of the year is closer than it seems, and a bit of preparation now can make a significant difference come tax season. Here are a few things to consider as the leaves fall: 1. Review Your Income and Deductions This is a good moment to check your income year-to-date and consider whether there are any deductions you can still take advantage of. Charitable donations or investment losses might help reduce your taxable income before year-end. 2. Maximise Super Concessional Contributions If you haven’t yet maxed out your superannuation concessional contributions, there’s still time. Remember unused cap amounts carry forward for 5 years and the 2019-20 unused cap amount will expire 30 June 2025. These contributions not only help secure your future but can also offer tax benefits now. 3. Organise Your Records Autumn’s slower pace is perfect for pulling together receipts, invoices, and financial documents. Getting organised now means less stress later when tax season begins in earnest. 4. Consider Tax-Loss Harvesting If you’ve had investments that underperformed, selling them before the end of the year to offset gains can be a strategic move. Consult with us today to see if this makes sense for you. 5. Plan Ahead Winter may bring holidays and downtime, but it's also a good window to consult with a tax professional. A quick meeting before year-end can reveal savings opportunities or help avoid surprises when you file. So, as the days grow shorter and frost begins to settle in, use this time to bring clarity and warmth to your finances.

Have you Thought About Where Your Business Will Be in 5 Years?

By Caroline Gillies • May 11, 2025
At Clear Vision Accountancy Group, we offer tailored services to support your long-term success—from strategic business planning to high-end tax administration. Whether you're aiming for growth, improved profitability, or a clearer direction, we're here to help you build a plan that gets results. If you're ready to map out the next five years with clarity and confidence, contact us today on (07) 4688 2500. Our 1-Page Business Plan will help you with: 1. Vision & Purpose Where are you headed, and why does it matter? What is the core purpose of your business? In five years, what positive impact will you have made on your customers, team, or community? What do you want your business to be recognised for within your industry? 2. Growth & Scale What does success look like, and how will you achieve it? What revenue, profit, or market position are you targeting? How many clients or customers do you want to serve—and in which markets? Are you planning to expand your offerings or enter new territories? 3. Team & Culture Who is helping you build it—and how? What does your ideal team look like in terms of structure, culture, and capabilities? How will you attract, retain, and develop top talent? What kind of leadership values and workplace environment will you foster? 4. Operations & Systems How will you deliver at scale—efficiently and reliably? What systems and workflows need to be in place to support sustainable growth? Which technologies or platforms will you implement to improve efficiency? How automated or streamlined do you want your business operations to become? 5. Brand & Customer Experience What do customers say about you—and why do they keep coming back? How will clients describe their experience with your business? What kind of reputation or brand presence will you be known for? What sets your business apart from the competition ?  Our Dream it. Plan it. Get it! will help you with: 1. Lifestyle & Personal Goals How does your business support the life you want to live? What level of involvement do you want in the day-to-day operations? What does ideal work-life balance look like for you? What personal or financial goals will your business help you achieve?