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Collison Accounting
| Old Bar | Mid North Coast |
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Dealing with a bad day at work

BusinessBy admin24 September 2019Leave a comment

Bad days can happen to the best of us, but that doesn’t stop work from needing to get done. Whilst working when you’re feeling down is the last thing you want to do, here are a few ways to pick yourself up and carry on with tasks you need to do. Take a break:Stepping away…

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Returning to work after accessing your super

SuperBy admin24 September 2019Leave a comment

Retirement isn’t necessarily a permanent thing as even the best-laid plans can collapse when circumstances change. The Australian Bureau of Statistics (ABS) has found the most common reasons retirees return to employment are financial necessity and boredom. But what does this mean when you have already dipped into your superannuation funds? Depending on your circumstances,…

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Are you meeting the Active Asset Test?

TaxBy admin24 September 2019Leave a comment

To qualify for small business CGT concessions, an asset must meet the conditions of the Active Asset Test to apply. An asset is considered active when you own it and it is used or held ready for use in relation to a business. You can also have an intangible active asset if it is inherently…

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