How are your books looking? And by that we mean your bookkeeping! CABEL Partners now offers bookkeeping services under the division name of CABEL Books. We have taken on two full time bookkeepers to assist our clients with their bookkeeping work. Sue Burton and Cate Wright are highly experienced in bookkeeping and office management. They [...]
CABEL Tax – Budget Review 11 May 2011
Lockdown – 6am North Sydney Office. It’s budget time and here we are in North Sydney locked down enjoying a fruitful discussion about the pros and cons of last night’s budget. “We” is the Cabel Tax team – Kaylene , Matt and Phil. Whilst we wait for the sun to rise we reflect that it [...]
CABEL Tax Case Studies – May 2011
Company loans to shareholders We have been successful (no penalties at all) in a voluntary disclosure submission to the Tax Office regarding a client’s loans to its shareholders over a 5 year period. The client was unaware that the loans were not permitted. Ordinarily penalties should apply. We were successful in having the Tax Office [...]
CABEL Ties – April/May 2011
HELLO to all our valued clients, colleagues, suppliers and friends. Below you will find updates and news regarding CABEL Partners and the industry for your information. We appreciate any feedback you have. IMPORTANT NEWS FLASH CABEL Tax will be issuing a Budget Report on the 11 May 2011 at 11am. It will be emailed to [...]
CABEL Audit News – April/May
WELCOME This Newsletter is specific for CABEL Partners Audit clients and will focus on news and tips for not-for-profits including sporting clubs, charities and other organisations. Audit Manager Change Manuel Escudero has been the Audit Manager at CABEL Partners since March 2009. Manuel has brought a huge amount of value to our Audit work and [...]
CABEL Tax Ride – March 2011
WELCOME to the first CABEL Tax newsletter. This Newsletter will discuss relevant and unique tax news, and case studies that our CABEL Tax team are involved in. We would appreciate any feedback you have. Tax Effective Solutions for Fundraising Event Tickets Ordinarily a tax deduction for a fundraising event is allowed for the participant (donor) [...]
CABEL Tax Case Studies – March 2011
ADMINISTRATIVE APPEALS TRIBUNAL FOR INCORRECT TAX RETURN PENALTIES In this case, our client is an accountant in practice. His client received a 25% penalty for an incorrectly completed income tax return. We assisted the accountant by appealing to the Administrative Appeals Tribunal. We attended a telephone hearing and subsequently made further submissions. The outcome of [...]
CABEL Audit News – March 2011
WELCOME to the first CABEL A Team newsletter. This Newsletter is specifically for CABEL Partners Audit clients and will focus on news and tips for not-for-profits including sporting clubs, charities and other organisations. Software Support Accessing your Ledger Without Authorisation There are many accounting software products used in our diverse client portfolio, [...]
What is an Audit?
Your Guide to CABEL Audit When CABEL Partners is appointed as Auditor of an organisation, an examination of your business systems and of the balance sheet, profit and loss statement and notes of the organisation (known as financial statements) will be undertaken. CABEL Partners are independent of the organisation. Generally we are appointed by the [...]
