Schuh Group in Gympie, Queensland | Financial service

Schuh Group

Locality: Gympie, Queensland

Phone: +61 7 5482 2855

Address: 58-62 Mary Street 4570 Gympie, QLD, Australia

Website: http://www.schuhgroup.com.au

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• Tax preparation service
• Accountant
• Financial service
• Financial planner

25.01.2022 The Federal Treasurer, the Hon. Josh Frydenberg MP, delivered his third Federal Budget on 11 May 2021. The Budget papers include a number of measures that may impact you, especially in the superannuation area. On the personal taxation front, the proposed changes include an extension to the low and middle income earner tax offset and modernising the tax residency rules. For businesses, there are proposed extensions to full expensing and loss carry back rules, as well as a number of employment boosting initiatives. Image Source: Source: AAP

25.01.2022 We have a number of positions open in our firm, applications will close on December 1st. #gympie #Noosa #financialservices

24.01.2022 As we head towards the finish line for the 2021 financial year, it is a good time to consider the new measures coming on from 1st July 2021 and how they may affect many businesses. Early consideration provides a business owner to consider any changes or updates they need to engage in prior to 30th June 2021.

24.01.2022 As we move closer to the shakeup of the JobKeeper payments, our team have put together a concise summary of the many parts that business and clients need to consider. Key dates, assessment of eligibility and how your employees will be paid are all considered in this article. #jobkeeperupdate #businessaccountant

23.01.2022 Last year in the first quarter of 2020, things became very hairy. As the markets started tumbling, we had no idea where they might go, or how heavy the falls would be. As it turns out, the falls were very heavy, but very brief. At the time, we wrote a lot of words and communicated with you on a regular basis. The idea is always to keep you in your seat with a long-term view that aligns with your goals and plan. #YearInReview

23.01.2022 Do you have a Self-Managed Super Fund (SMSF)? There are some time sensitive things that you should consider in the lead up to the end of this financial year. Forward planning is always important, as is seeking advice from your accountant or financial advisor. #EOFY #accountant #financialplanning

19.01.2022 Good and getting better! Those are the first words he says every time he visits our office. The question he’s asked that prompts such positivity? How have you been? He’s a long-term client, now into his mid 50’s whose optimism never fails to impress us. You might be wondering why is this man so positive? There could be plenty of reasons. Some people may call him an optimist.

19.01.2022 This week we have some information for you on renewing your ATO Business Portal Authorisation and some important information on Depreciation and Immediate Deductions. We are currently operating under the business taxation rules where most taxpayers are able to claim an immediate deduction for the purchase of depreciable assets until 30th June 2022, but as with all tax matters, there are some twists and turns so please check with our office before you buy.

19.01.2022 From pooches to second-hand cars, to homes in regional areas, to ground beef in the supermarket. Everyone has a story about how their money is buying less. Eight years ago, you could purchase a miniature spoodle puppy delivered to your front door for $1300. Today, or more precisely back in January, the same puppy went for $7990, not including delivery. While that’s a jump over 8 years, a good part of it has occurred recently. The pandemic had a spike of people wanting dogs. B...reeders can only supply so many dogs, so they had the luxury of pricing according to demand. This is essentially what inflation is: A supply constraint which leads to a shortage of labour and products, resulting in a higher bid for labour and products and higher prices. The gauge we are given is the Consumer Price Index figure. Image courtesy of Image courtesy of theconversation.com

18.01.2022 Has it been some time since you last sat down and thought about your estate planning? Do you know exactly where your assets will go and how they will be distributed to your estate beneficiaries? Do you know whether your estate will have to pay tax and where the money for this will come from? It’s our belief that everyone has a responsibility to leave their financial house in order, and yet many people still leave this until it’s too late. We don’t offer legal advice in our business, but we do help people become aware of the outcome that their money will have on those they leave behind.

15.01.2022 There has been a lot of government support since the pandemic reared its ugly head, both at federal and state and even local council levels. Much of this stimulus has (thankfully) been centred around SMEs and keeping them alive, so that business owners can continue to employ local people and support our thriving small business sector. #smallbusiness #stimulus #employment

14.01.2022 As to be expected, the ongoing and dominant economic and market theme remains COVID-19. More so than ever, with COVID present no quarter will be quite like the previous. While Q1 was one of steep decline and pain, Q2 was sharp recovery and euphoria, while in Q3 markets took a slightly more subdued, albeit positive direction. Accommodating monetary and fiscal policy kept markets happy. #septemberreview #financialreview #financialservices #accountant

14.01.2022 We are now nearly a week past the US Presidential election. We’ve deliberately avoided the election until the very last moment. Why? Its lack of importance. We hear ‘this is the most important election of our lifetime’ almost every election and on some issues, maybe it is. When it comes to investing, it rarely is. Nor should an election ever be regarded as something to focus on. *Image courtesy of gulfnews.com

12.01.2022 As we head towards the finish line of the 2021 financial year, businesses are in for a number of significant and material changes from 1st July 2021 that will require some forward planning and update of systems. We have provided a summary of the key measures that will need to be considered by all businesses to ensure compliance.

12.01.2022 The Federal Treasurer, the Hon. Josh Frydenberg MP, delivered the 2020 Federal Budget on 6 October 2020. As widely anticipated, the announcement included bringing forward personal income tax cuts already legislated. Together, these changes deliver tax relief to low- and middle-income earners for the 2020-21 income year of up to $2,745 for individuals and up to $5,490 for dual income families. The Treasurer also announced a range of taxation benefits for small and medium busin...esses, intended to stimulate the business sector leading to jobs growth. This summary provides coverage of the key issues of most interest to you. *Image courtesy of thewest.com.au

08.01.2022 Most of us are raised with the belief that more effort will bring its own rewards. In this instance, not having to do something twice becomes the reward. The message? Hard work is encouraged, laziness is discouraged, and laziness also becomes a penalty. There’s nothing wrong with believing this, except it’s not always universal. Occasionally the hard work mentality will encounter a vocation where a lack of action and hard work becomes beneficial.

07.01.2022 ESG Investing. You’ve probably heard the term, but what does it actually mean? ESG stands for Environmental, Social and Governance, it may also be termed sustainable investing. It is a wide term as it can cover several areas, but essentially, it’s for investors who still want positive returns, but also consider their long-term impact on society, environment and the behaviour of a business.

06.01.2022 The budget handed down by the Federal Government on 11th May 2021 continued the focus of the last 12 months: Rebuild and Recovery. As we navigate COVID, the Federal Government has focused their 2021 budget on relief measures to assist families & businesses while starting to rebuild their reserves. This is a summary of the key areas that will impact individuals & business as we move into 2022.

05.01.2022 Over the last few weeks we’ve had confirmation of the changes to superannuation contribution caps. The release of the November 2020 Average Weekly Earnings data means we now know for sure that the concessional contributions cap will increase from $25,000 to $27,500 from 1 July 2021. This is a welcome change for many people, as the last time we saw concessional contribution caps above $25,000 was back in 2016/17.

05.01.2022 We have a full time, long term position open for a recent high school graduate in our Gympie office. We are looking for a school leaver who preferably resides permanently in Gympie or the surrounding area. The position involves supporting long term senior members of our Business Administration department. The successful candidate will have the following skills and attributes:... 1. A high level of competency in English. They will be an effective and efficient written and verbal communicator. 2. The position requires face to face interaction with clients, so a neat, tidy and professional presentation is essential. 3. The successful candidate will be punctual, reliable and able to operate effectively within a team environment. 4. The successful candidate will understand the importance of client confidentiality and service. 5. If required, we will support additional study. Please apply to Cos Schuh at [email protected] with your cover letter, resume and personal and work references. Closing date for applications is December 18th, 2020.

05.01.2022 Focus on what matters this Christmas & stay debt-free. This week we thought we’d address that fast approaching date on the 25th of December with a tips list. If the festive season usually leaves you out of pocket and feeling like you spent more time and money battling the crowds than relaxing with friends and loved ones, why not simplify things this year? #christmas #personaldebt #keepitsimple #familytime

03.01.2022 Borrowing through your business can be a great strategy, but it can also be a hindrance depending on the reason that you are borrowing. Learn the power of borrowing and when it is a good idea in the following video.

01.01.2022 Bookkeeping can be an often-overlooked component of any small business, but it can sometimes be the difference between success and failure. Bookkeeping refers to the keeping of records of the financial affairs of a business, but it is also a legal requirement for businesses to have records that are up to date. In today’s video, you will learn what you need to know to ensure that you have the best bookkeeping practices in place for success.

01.01.2022 The country and the world have been financially disrupted this year. There’s a section of haves who have done exceptionally well considering the economic calamity. There are a section of have nots who have done exceptionally poorly. Australia has remained prosperous for more than a quarter century, if you’re judging based on recessions, but it hasn’t happened without creating wealth divisions. While you’d expect older generations to have a greater share of wealth, house prices have continued to outpace wage growth for some time, skewing the division further. And what’s the consolation for the youth? The property ladder issue has led to some parents feeling the need to help the kids reach the first rung, but what are the issues? #financialadvice #accountant #financialservices