NBC – WHO WE ARE
WHO WE ARE
Our advisors and support team works with entrepreneurs, business owners and managers to understand them, provide real-time solutions, practical advice and confidence to make informed decisions about what’s important to them.
NBC commenced in 1976 and continues to operate in the heart of Northern Brisbane. Our founder’s approach was “if we assist you in keeping your books accurate and up to date every month, we believe we can help you grow a successful business”.
Our current approach is largely the same; we’ve remained close to our roots, we don’t run a tax factory, it’s not about the numbers,
“it’s all about the decisions you make and the actions you take, that lead you to your goals”.
We care about people, the staff and families of our clients and of our own business, and are focused on working together as a team to understand and help each other.
Ultimately what motivates us and why we’re here is to add value and to make life easier for our clients, their staff and their families.
Understanding Through Involvement
With involvement and open communication we improve our awareness of the situation and mutual understanding. This makes working together easier and results in a productive and satisfying relationship.
Real Time Data
By having access to “real-time” data and timely solutions, you can be confident that the numbers actually reflect how you are currently performing and where you are heading.
Informed Decision Making
We support our clients with timely, practical advice so you have the confidence to make informed decisions about your priorities. Making decisions and executing the required actions is what will lead you towards your goals.
1. Personal income tax1.1 Changes to personal income tax ratesThe Government has proposed the following changes to the personal income tax rates: From 1 July 2022, the Government will increase the upper threshold of the 19% personal income tax bracket to $45,000. The...
It's time to get ready for Single Touch Payroll Originally published by ATO.Single Touch Payroll – Are you ready?? From 1 July 2019, there will be major changes in the way all employers report employee obligations to the Australian Taxation Office with the...
FINANCIAL REPORTING REQUIREMENTS QBCC LICENCE From 1 January 2019, the documents required to fulfil the QBCC licence financial reporting requirements changed. Are you ready? The main QBCC minimum financial reporting requirements changes 2019 are: Businesses with sales...
Contributions Concessional (tax deductible) superannuation contributions can be claimed as a personal tax deduction or are tax deductable to the employer entity making the payment. Please note, the concessional contribution caps include any salary sacrifice amounts,...
Directors’ Fees, Wages, Drawings and Superannuation Guarantee From 1 July 2019, changes to the law for the tax deductibility of payments of Directors’ fees will take effect. Failure to comply with these changes will prevent the payments from being a tax-deductible...
Car logbook To claim a deduction for motor vehicle expenses the tax office requires substantiation of the business use of the vehicle. This can be documented through a logbook. The percentage of business use determines the tax deductibility of the vehicle expenses....