May Newsletter 2024

Winter is Coming!

Well, Autumn is almost gone and the end of the financial year is rushing up to meet us!

Here in Southwest Victoria it is still a very dry autumn and we really have not had the rainfall we normally get – especially as the May Racing Carnival has come and gone without one of the days being rained out!

We are currently in full swing with our Tax Planning meetings which help our customers plan the tax liability they will pay after implementing some of the hundreds of tax saving strategies we recommend.

Last Friday our Team had our quarterly review where we examine what we accomplished, areas for improvement and the plans and goals for the next quarter. We all set our individual 90-day Action Plans and shared them for greater accountability.

Do you need some help with planning out the year ahead? Or need some accountability or motivation to be more successful in 2024?

If so, reach out to our Team and we will show you how our business coaching program – Chasers Getting ResultsTM – works.

Last month, Ange and I headed to the Philippines for our International Conference in Cebu. We caught up with our International Team Members, Angie and Rocel. The weather was a very hot 32 degrees each day but it was good to escape the colder weather here for a while.

Looking to start a business? Get a copy of our latest book before you do to fast track your success

Or looking to grow your business in these tougher economic times?

Both books are for any aspiring entrepreneur who wants to grow their business and to understand what to look out for and avoid when they start their business, too!

Our theme for the second quarter is ‘Consistent Cashflow. We focus on ways to keep your cash flow moving like a stream as opposed to a dripping tap. Be sure to check out our daily blogs and weekly podcasts for tips, strategies and ideas to help you achieve success more quickly.

If you have not yet left a review for us on our Google Reviews, then now is the chance to do this and get 6 chances of winning a luxury 3-night holiday in Tropical Mackay in North Queensland. That’s right! By simply scanning this QR Code and following the instructions, we will enter you in the monthly draw to win.

If you have not yet left a review for us on our Google Reviews, then now is the chance to do this and get 6 chances of winning a luxury 3-night holiday in Tropical Mackay in North Queensland. That’s right! By simply scanning this QR Code and following the instructions we will enter you in the monthly draw to win.

The winners so far were:

  • July – Heidi Monaghan,
  • August – Mark Struth
  • September – Felicity Barker
  • October – David Peart
  • November – Jodie Welsh
  • December – Josh Suringa
  • January – Ben Tolson
  • February – Harry Stevenson
  • March – Bronwyn Anderson

April’s winner was:

Last month’s winner was:

If you are not successful in previous months, you will be automatically re-entered for the following month giving you up to 12 possible chances of winning this awesome holiday. As soon as you leave a review our Team will be notified and will enter your name in the draw. – Good luck!

The latest edition of our National Award Winning Magazine – No. 16. – is now published and available for you to read. It features NDIS support service provider, Bianca Elliott from Supportive Steps, heaps of educational tips and ideas and an article by the Marketing Guru, David Lee-Schneider – CEO & Founder of Done Digital.

Don’t forget to check out our latest podcast episodes on The Chasers Channel

  1. Episode 44 – Retire Happy, Not Just Retired: How to Start Building Your Retirement Today
  2. Episode 45 – Planning the Best Use of Your Super
  3. Episode 46 – Don’t Be a Phishing Fool – How to Spot Scams

We release a new episode every Sunday so make sure you follow our podcast to get the latest news, tips and strategies for bringing you closer to achieving the dreams you are chasing.

Key Dates in May 2024

15 May

  • Lodge 2023 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups) and are not eligible for the 5 June concession.
  • Due date for companies and super funds to pay if required.
  • Note: Individuals and trusts in this category pay as advised on their notice of assessment.

21 May

  • Lodge and pay April 2024 monthly business activity statement.
  • Final date to add new FBT clients to your client list to ensure they receive the lodgment and payment concessions for their fringe benefits tax returns.
  • Lodge and pay Fringe benefits tax annual return if lodging by paper.

26 May

  • Lodge and pay eligible quarter 3, 2023–24 activity statements if you or your client have elected to receive and lodge electronically.

28 May

  • Lodge and pay quarter 3, 2023–24 Superannuation guarantee charge statement if the employer did not pay enough contributions on time.Note: Employers who lodge a Superannuation guarantee charge statement can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.

TAX PLANNING ADVICE – Business Customers

By forecasting your expected 2024 income and tax payable for all individuals and entities in your family group, we can then develop strategies to “spread” your income across your family group in the most tax-effective way – and legally reduce your tax.

One of these strategies may be deferring income into the 2025 year so that you can take advantage of the updated Stage 3 Tax Cuts!

We will be contacting you after the 31st of March 2024 (once your March 2024 BAS is completed) to book your 2024 Tax Planning meeting.

In case you missed some of our recent Blog Articles, here are a couple you might find interesting

Jail Sentence for Fraudulent Developer

Hello Chasers, Here’s another example of tax crime that doesn’t pay! A developer who conspired to lodge fraudulent business activity statements has been convicted and sentenced to 10 years in jail with a non-parole period of…

Designing Your Lead Magnet

Hello Chasers!  Today, we’re diving deeper into the Lead Funnel Formula, and it’s all about attracting those dream customers without being too sales-y. Let’s go as we’re about to become lead magnet matchmakers! Remember the “Consistent…

Cebu - A Family Holiday to Remember

Hello Chasers, Last week, Angela and I took our three girls to Cebu in the Philippines for 9 days as part of the International Business Conference we attended, where we caught up with our Filipino ‘daughters’,…

Host Your Next Event in Our Stunning Space Room

A Purpose-Built Workspace to Hot Desk or Conduct Your Meeting

Our new business space, christened ‘The Chasers Hub’ at the Fletcher Jones Business Centre is available for hire. If you need to run a training meeting, hire a ‘hot desk’ or host a virtual presentation then check out the availability of the space with our online calendar or contact Shannae Hewett  on 55612643 and she will discuss your requirements and organise these with your booking.

Worried about your Home Loan Interest Rates or
Need Finance for that new Ute & Machinery?

If so, now is a good time to review your financial position and your wealth protection cover to ensure a life event such as heart attack, cancer or death doesn’t leave your loved one’s with a debt that they cannot pay back! Contact Angela Tirabassi on 55612643 if you would like to discuss a solution today!

Have you increased your debt levels (Home/Business Loans etc.) recently?

Contact Dale Wilson-Rea on 55612643 for the most competitive rates & taxeffective structuring of your finance today!