Issue Highlights:
Stress Free Banking
Seeking Financial Advice or Financial Planning
Small Business "Instant" write-off for motor vehicles
Vehicle Fringe Benefits Tax Changes
Review Your Business Funding Options
Client Feedback Survey Winner
Orange Lattice Cupcakes Recipe
Winter 2011
Hi Reader,
Welcome to our Winter edition of Focus on Finance!
As you all know our business is built on referrals from clients, without these referrals we
would not exist. To say thank you we would like to send you to the movies.
If you refer a friend or a colleague we will give you free tickets for two!
Stress Free Banking
Are you overwhelmed with trying to manage your mortgage, can’t seem to be able to reduce the loan as quickly as you like and are constantly chasing your tail with your monthly expenses? When you try and seek guidance you are given complex over frilled type solutions. These questions are ones that we get all the time. We thought we would put together a very straight forward example as to what a lot of our clients end up doing.....
Seeking Financial Advice or Financial Planning
At a time of uncertainty in the economy there is not a household budget or indeed, a business balance sheet in the country, which would not benefit from sound and solid financial advice.
It is very important to protect your income whether it comes from a salary or earning one’s living from owning a business. From this income you can invest to create wealth and this needs planning.
Small Business "Instant" write-off for motor vehicles
The government will introduce a tax write-off for the first $5,000 of any motor vehicle purchased by a small business from 1 July 2012. The write-off replaces the entrepreneurs tax offset (ETO) incentive arrangements. The new measure will provide the following.
Vehicle Fringe Benefits Tax Changes
If you currently salary package or run company cars over the next four years the government will progressively replace the current FBT vehicle statutory rate to 20% . This will be applied regardless of the number of kilometers travelled in a year
Review Your Business Funding Options
Although the economy overall has seen some positive signs of recovery in recent times which has been reflected in some measures of confidence and sales, (small to medium enterprises) SMEs are still facing trying conditions, particularly in terms of accessing funding, low business confidence, increasing interest rates, lengthening payment times, bad debts and business insolvency and cash flow shortages.
Increase your property
investing knowledge
Do you want to know more about Property Investing?
Whether Buying, Managing, Developing or Selling, iClub delivers information to make you a better informed investor...
Client Feedback Competition Survey Winner!
Thank you to everyone who has participated in our Client Feedback Surveys. Your comments and feedback are much appreciated and play a valuable role in ensuring our commitment to exceptional client service.
Congratulations to Darren and Dianne Grogan as well as Martin and Jane Lee, the winners of our Client Feedback Survey Competitions, which both couples have won a Coles & Myer Group Gift Card valued at $200!
Orange Lattice Cupcakes (Flourless) Recipe
Ingredients:
3 Whole oranges, washed
4 Cups almond meal
3 teaspoons baking powder
120g softened butter
1 ¾ cups castor sugar
7 eggs
Makes: 24 Keeps: 4 days Freezes: 2 months
In a heavy-based saucepan, cover the oranges with water and bring to the boil. Turn the heat down and simmer for approx 1 hour or until the oranges are very soft. Let the oranges cool a little and then blend in a food processor until smooth.
Preheat oven to 160 degrees Celsius. Line two 12-hole muffin trays with cupcake papers.
Combine almond meal and baking powder in a small bowl.
In a separate bowl, cream the butter for 1-2 minutes. Add the castor sugar a third time, beating for 2 minutes after each addition. After the last addition, beat until the mixture is light and fluffy and the sugar has almost dissolved. Add eggs one at a time, beating for 1 minute after each addition or until mixture is light and fluffy.
Add half of the almond meal mixture to the creamed mixture and beat on low speed until combined. Add the pureed oranges and beat until combined. Add the remaining almond meal mix and beat until combined.
Spoon mixture into cupcake papers, filling each about three quarters full. Bake for 30 minutes or until the cupcakes look dry and are slightly browned. Remove cupcakes from the trays and cool on a wire rack for 40 minutes before frosting.
Cream Cheese Frosting
125g softened unsalted butter
400g softened cream cheese
1 ½ teaspoons vanilla extract
6 cups icing sugar
Makes: 4 Cups frosting – enough for 24 cupcakes Keeps: 4 days
Cream the butter for 1-2 minutes. Add the cream cheese, vanilla extract and half of the sifted icing sugar and beat for 3 minutes or until the mixture is light and fluffy. Gradually add remaining icing sugar and beat until the mixture is light and fluffy and of a spreadable consistency. You can use the frosting immediately.
86 Denmark Street, Kew Vic 3101 | Phone 1300 93 11 55 | Facsimile 03 9852 7333
Email enquiry@acceptancefinance.com.au | Website www.acceptancefinance.com.au