Evolution News

National Rental Affordability Scheme (NRAS) just got better!

NRAS 2012 figures released  The current collective figure of $9,524 p.a. (made up of $7,143 from the Fed Govt & $2,381 from the State Govt) is about to be increased to $9,981 for the coming year - 01/05/2012 to 30/04/2013.

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RBA has dropped interest rates

The RBA met today as they do every month to discuss the economic conditions facing Australia. Expectations were that the board would reduce the cash rate by 25 basis points or 0.25%. However to everyone's suprise the RBA reduce the cash rate by a massive 50 basis points or 0.50% Evolution Accountants welcomes the RBA decision which will mean a boost to the property market which should see a turnaround in property prices, building industry jobs and struggling families.

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Jye gives insite into Brisbane Property Market & SMSF setups

Jye spoke at a Property Network function last night... which was a huge success he discussed how to setup and buy a property in a SMSF. Jye also gave an invaluable insite into making money in the Brisbane property market and gave his own examples of how he succeeded and through out boom and bust... feedback today was fantastic

Evolution Accountant welcomes Bill Parkes

Evolution Accountants welcomes a new team member… Welcome Bill Parkes. Bill is at the pinnacle of his career and brings immense accounting, tax and business development knowledge to our team and is an expert in interpreting legislation. Agian... Welcome to the ever expanding Evolution professional team.

Save Tax by leaving your money in the bank!

As crazy as it sounds save tax by putting your money in the bank.   From 1 July 2013, individuals will be entitled to a tax discount of 50% on up to $500 of interest income they receive.From 1 July 2014, individuals will be entitled to a tax discount of 50% on up to $1,000 of interest income received each year.

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