{"id":1926,"date":"2019-11-26T04:46:01","date_gmt":"2019-11-25T17:46:01","guid":{"rendered":"https:\/\/mnygroup.wpengine.com\/?p=1926"},"modified":"2021-05-20T09:20:08","modified_gmt":"2021-05-19T23:20:08","slug":"mny-group-2019-november-newsletter-lost-or-destroyed-tax-records-dont-panic","status":"publish","type":"post","link":"https:\/\/mnygroup.com.au\/en\/mny-group-2019-november-newsletter-lost-or-destroyed-tax-records-dont-panic\/","title":{"rendered":"MNY Group 2019 November Newsletter \u2013 Lost or destroyed tax records? Don&#8217;t panic."},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-1925\" src=\"https:\/\/mnygroup.com.au\/wp-content\/uploads\/2019\/11\/photo-1525786779587-4ad49fc545fe-1024x683.jpg\" alt=\"\" width=\"1020\" height=\"680\" srcset=\"https:\/\/mnygroup.com.au\/wp-content\/uploads\/2019\/11\/photo-1525786779587-4ad49fc545fe-1024x683.jpg 1024w, https:\/\/mnygroup.com.au\/wp-content\/uploads\/2019\/11\/photo-1525786779587-4ad49fc545fe-300x200.jpg 300w, https:\/\/mnygroup.com.au\/wp-content\/uploads\/2019\/11\/photo-1525786779587-4ad49fc545fe-768x512.jpg 768w, https:\/\/mnygroup.com.au\/wp-content\/uploads\/2019\/11\/photo-1525786779587-4ad49fc545fe.jpg 1350w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<p>Access to the full version by clicking the link below:<\/p>\n<p><a href=\"https:\/\/mnygroup.com.au\/wp-content\/uploads\/2019\/11\/MNY-November-2019.pdf\">MNY-November-2019<\/a><\/p>\n<p>In November we have included Business &amp; Accounting Topics including:<\/p>\n<p><strong>1. Lost or destroyed tax records? Don&#8217;t panic.<\/strong><br \/>\nNow and then, taxpayers may find themselves in a situation where they simply have no records to back up a tax claim. There can be many reasons for this, such as losing documents when moving home, or technology failures that end up with the same result.<\/p>\n<p><strong>2. An SMSF trustee duty not to be forgotten: The investment strategy<\/strong><br \/>\nThe majority of people who set up their own SMSF say that &#8220;control&#8221; is a big reason for benefits on running your own superannuation fund, but it is also a big responsibility to make sure your fund grows and provides for your retirement.<\/p>\n<p><strong>3. Small business: Low-cost assets &amp; the threshold rule<\/strong><br \/>\nThere is a rule in tax law that allows a business that doesn&#8217;t use simplified depreciation to claim an immediate deduction for most business expenditures of $100 or less to buy tangible assets.<\/p>\n<p><strong>4. Three wise FBT tips for Christmas<\/strong><br \/>\nEmployers know that popping a champagne cork or three to celebrate the festive season lets staff know their efforts are appreciated, but the well-prepared business owner will also know that a little tax planning can help ensure that it&#8217;s not the business that ends up with the FBT hangover.<\/p>\n<p><em>*Please feel free to inbox us if you\/ your companies would like to be included in our Monthly Newsletter Email List for free<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":1925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1392],"tags":[],"class_list":["post-1926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-news","masonry-post","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-20"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/posts\/1926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/comments?post=1926"}],"version-history":[{"count":0,"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/posts\/1926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/media\/1925"}],"wp:attachment":[{"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/media?parent=1926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/categories?post=1926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mnygroup.com.au\/en\/wp-json\/wp\/v2\/tags?post=1926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}