Financial Dynamics

Financial Dynamics, established in 1999 are leading business and tax accountants based in Nowra, serving not just local individuals and businesses, but also businesses out of area. We assist our clients with tax, business, SMSF and accounting services are our core function, whilst helping you and your business maximising wealth & opportunities.

Contact Info

Level 1, 59 Junction Street Nowra NSW 2541
PO Box 1166, Nowra NSW 2541

Phone: 02 442 12345

Fax: 02 442 12340

Web: www.financialdynamics.com.au

Taxation

ATO email and phone scams

2017-04-21T13:15:31+00:00 August 21st, 2015|News & updates, Taxation|

We have recently noticed a significantly high volume of scam and fraudulent communication circulating where fraudsters are trying to steal personal details, money and cause financial harm to both individuals and businesses. Over the previous month we have been informed of a significantly higher portion of clients being contacted by both phone and email communication pretending [...]

Taxable payments reporting – building and construction industry

2015-02-26T07:01:26+00:00 February 26th, 2015|News & updates, Taxation|

From 1 July 2012, new tax rules make it compulsory for anyone carrying on a business in the building and construction industry to report details of payments they make for the supply of ‘building and construction services’. The requirements have been introduced to address the significant levels of non-compliance by contractors within the industry, as [...]

Medical practitioners taxation

2017-04-21T13:15:31+00:00 February 18th, 2015|Accounting, Taxation|

Medical practitioners are generally high income earners; this translates into a higher rate of tax applied against their income. Financial Dynamics have developed key relationships at most levels, including small to medium medical practices, salaried medical practitioners, registrars and medical practitioners working within the hospital. As such Financial Dynamics have built a strong and working knowledge [...]

Superannuation Division 293 Tax

2017-04-21T13:15:31+00:00 February 18th, 2015|News & updates, Superannuation, Taxation|

The Australian Taxation is currently issuing Division 293 Tax Assessments to those individual taxpayers whom they have determined reportable earnings for the 2012/13 financial year as being greater than $300,000. Under Division 293, additional tax will be payable on certain superannuation contributions made from 1 July 2012. As a result of your earnings this will trigger [...]