Should you have a SMSF?

Clear Vision • November 5, 2014

Meet Teneille!

We would like to introduce our latest and greatest Client Services Adminstrator. Teneille will be assisting Melissa ensuring our clients receive efficient and superior service.
Teneille and her partner have 2 gorgeous little girls, she moved here from Cairns (yes…beautiful, tropical Cairns!!); although she is from Toowoomba originally. Teneille is passionate about personal development and the power of assisting others in their own path of self development and growth.
Say Hi to Teneille next time you call!

Should You Have a SMSF?

The term Self Managed Super Fund is thrown around a lot more now than it ever used to be and with good reason. If you are thinking that you should probably start a SMSF yourself then you should at least get the facts and make an informed decision.

We are seeing more and more clients who are interested in being involved in their superannuation and what it can do. The reason is obvious – it’s probably the second largest asset base you will own – after your home! Clients who are interested in investments generally like the control and flexibility that SMSF’ s offer and with the recommended minimum balances changing they are gaining in popularity. But be aware, with benefits comes greater responsibility and administration must be managed correctly. There are many traps for unwary clients and inexperienced advisors – there’s more to this than just lodging a tax return.

So should you start a SMSF? Call me today to gain better understanding of SMSF’s and a cost analysis.
9.5% Quarterly Super Contributions

The next quarterly super contributions are due by the 28th January 2015 and the minimum super guarantee is now 9.5%. The government has deferred future planned rate rises, so the super guarantee will remain at 9.5% until 1 July 2012.

SuperStream can now be used for employers with more than 20 employees and must be implemented by 30 June 2015. Employers with fewer than 20 employees can start using SuperStream from 1 July 2015 and have until 30 June 2016 to implement it.
If you are finding SuperStream confusing call me today and together we can find the best solution for your business.
Seminars – What Next?

Christmas is almost upon us so we will be winding up our seminars for the year. Our last Marketing Seminar presented by John Gray was extremely popular – we are hoping all those who attended have gained a new understanding of the power of online marketing!

We will start the seminars again next year and are currently booking some new and exciting guest speakers. I would love some ideas for 2015 – what would you like to see?
These free seminars are opportunities for businesses to learn new skills as well as network with other like minded local businesses.
Business Development Camp

By the time March 2015 rolls on I will have promoted the Global Business Camp at least 50 times….that is how highly I rate these camps!
The camp provides you with the opportunity to have 3 days with a Clear Vision Accountancy Group client manager working on YOUR business. Together we can build your business to ensure strong growth whilst providing you with the steps to take it to the next level.
For more information contact Justin Searle today.

How Much Do You Need to Make? Understanding Business Turnover

By Caroline Gillies • July 13, 2025
Running a business isn’t just about making sales — it’s about making enough sales to cover your costs and pay yourself what you deserve. But how do you figure out how much turnover (aka revenue) you actually need to make each month? Knowing this number helps you: Set realistic sales targets Price your products or services properly Know when to cut costs or increase margins Understand when your business is sustainable This isn’t just about numbers — it’s about clarity and control. Once you know your required turnover, you can stop guessing and start planning. Whether you’re a solopreneur, a growing startup, or a small business owner, this is the foundation of making your business work for you — not the other way around. We love numbers — seriously. And we get that not everyone does. If you need help breaking things down in a way that’s simple, practical, and actually makes sense (even if numbers aren’t your thing), call Clear Vision Accountancy Group today on 4688 2500.

12% Superannuation Guarantee - 1 July 2025

By Caroline Gillies • June 22, 2025
From 1 July 2025, the Superannuation Guarantee (SG) rate in Australia will increase to 12%. This means employers will be legally required to contribute at least 12% of an eligible employee's ordinary time earnings to their superannuation fund. This increase is the final step in a legislated rise from 9.5% in 2021 to 12% by 2025, aimed at boosting retirement savings for Australian workers. If you use Xero for payroll, the SG rate should automatically update in the system. However, we recommend you double-check your payroll settings to ensure everything is correct. If you’re unsure or need assistance, please contact your bookkeeper or get in touch with us at: Clear Vision Accountancy Group (07) 4688 2500 We’re here to help you stay compliant and avoid any costly errors.

Capital Gains Tax Implications of Subdividing Land in Australia

By Caroline Gillies • June 1, 2025
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