Peter Vickers & Associates Pty Ltd
Accounting Services in Ku-ring-gai

Operating for over 30 years, we offer professional advice in all areas of tax and accounting for businesses and high net worth individuals. We have a trained and qualified team with the expertise to look at the bigger picture, offering a comprehensive approach to managing, protecting and growing your wealth. At peter vickers & associates, management accounting, superannuation advice and auditing and administration of smsfs, audits, tax planning and advice, trusts and superfunds, partnerships, companies, we offer a range of tax and accounting services including income and business tax preparation for individuals, financial reporting and more.

A lot of this is driven by investment advisers who like to bear financial plans and charge advice fees on devising investment plans in lots of firm to grasp trust investments. However insignificant has been written about the dismal forecast as our savings diminish, as we get dementia, our partner dies and our children can’t cope with our foibles. Very few of us have an explicit date in mind. Some look at their family history or examine their state of destitute health. This means that half the population will live longer than that age. Once you quit earning a full income then you start to begin drawing down on your savings. At first the drop in your savings is fairly small but then it becomes noticeable. One grandpa that I knew really annoyed his grandchildren because all he talked about was the cost of tinned tomatoes at Aldo. Everyone knew his prosperity but he only saw his savings going down. Thus on retirement you cashed in all your riches and put them in the bank. You did not want to get caught in the down part of the investment cycle. Being at the mercy of inflation and tax over 30 years will kill your capital. I have a client whose family did not get an enduring power of attorney and when they had to deal with her affairs they had to hand over all responsibility to the public guardian, which made life exceptionally hard besides coping with Mum.

From our office in Windsor we bear accounting, audit, investment, superannuation and insurance booking services. Various smarty accountants then worked out that there was a tax advantage to having a MRI if you were over 60 and thus the fund would pay no tax on the income that supported that pension and as the person was over 60 no tax was payable on the pension received. The last of the financial year is the time to do a final review of your tax affairs for the vogue year and to do your tax planning for the fresh financial year. Remember that maximum of us are shareholders of the banks via our superannuation fund or the Coming Fund. Will there be a life insurance benefit to be received? Through our work advising clients on the setting up and financial management of Notable Disability Trusts, we appreciate the great responsibility and complexities that are added to life when caring for a family member with particular needs. Take out business interruption cover: Some 81 of trivial and lenient sized businesses admitted that an unforeseen business disruption would have a severe impact on their business, yet only 27 have Business Interruption insurance. The amount paid to the employee must be no less than the amount they would have received had the exit been taken. The unaudited performance of the fund over the final financial year was consistent with the market for last year with Accumulation Fund down at 0.80, whilst the Pension Fund was 0.40. An understanding of compound interest can encourage young people to begin saving now! It also gives you the opportunity to begin talking about saving and investing. Remember that you will remain making and paying for the loss until you sell the property, the rents go up or you pay off part of the loan. We also like to maintain our client base so discourage our clients from dying. Superannuation, the budget and what it means to you! If you would like advice about the maximum appropriate app to suit your business needs and to assist you track your business expenses, or advice about how to get it up and running and integrate where plausible with your accounting software, talk to your accountant who will be capable to help. The final of the financial year is the time for a end review of your tax affairs for this year and to do your tax planning for the fresh financial year. In the previous trustees of Self Managed Superannuation Funds purchased art work for the super fund as an investment. The financial press is packed of stories about the ending of the accountants’ exemption in respect of Self Managed Superannuation Funds. In the end scanty months we have assisted a number of clients to both buy or sell businesses including professional practices. Generally insignificant businesses do not have a large amount of depreciable prosperity and continuing businesses tend to have already written off a lot of their assets. Our accountants can advise you on record keeping superior p