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Unpacking AASB S1

The Australian Accounting Standards Board (AASB) has recently released AASB S1, the new voluntary Australian Sustainability Reporting Standard (ASRS). This development is a significant step forward in sustainability reporting, providing entities with a framework to disclose their sustainability-related financial information....

Getting Your Accounts Ready for Carbon Accounting

As businesses increasingly recognise the importance of sustainability, carbon accounting has emerged as a pivotal tool. This involves tracking and analysing carbon emissions associated with your operations, which can help in reducing your carbon footprint and complying with environmental regulations....

The Importance of Carbon Accounting for a Sustainable Future

In today's rapidly evolving business landscape, the role of carbon accounting has never been more crucial. It extends beyond mere compliance as a strategic tool driving innovation, enhancing impact, and fostering business growth. At Synectic, we recognise the transformative power...

What the revised Stage 3 tax cuts mean for you

After much debate, legislation to scale back “Stage 3 tax cuts” is now law. This legislation passed parliament on 27 February 2024 and received assent on 5 March 2024. Consequently, you may now be wondering what the revised Stage 3...

Energy Efficiency Grants for Tasmanian businesses

Grants of up to $25,000 are now available to Tasmanian businesses to help improve your energy efficiency! Update (25 March, 2024): Round 2 of the Energy Efficiency Grants has closed. Stay tuned for Round 3 release! The Energy Efficiency Grants for Small and Medium Enterprises Round 2 program is...

Two great tax deductions for small businesses

Small business owners (with an annual turnover under $50 million) should consider the following tax deductions if you are planning to invest in skills and training or improving your energy efficiency. Each measure will lend a hand with an extra...
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Disclaimer


About Synectic Wealth Synectic

Wealth Pty Ltd is the financial services division of the Synectic group of accountants, auditors, business advisers, self-managed super fund (SMSF) specialists, and financial advisers. We are based in Devonport, Launceston and Hobart and provide services across Tasmania.

 

Synectic Wealth Pty Ltd ABN 24 615 317 194

Corporate Authorised Representative No. 1250871 of Alliance Wealth Pty Ltd AFSL 449221 | ABN 93 161 647 007 | Financial Services Guide

Information on this webpage has been prepared on a general advice basis only. We have not considered your objectives, personal or financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

Where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain and consider the relevant Product Disclosure Statement and seek the assistance of an authorised financial adviser before making any decision regarding any products or strategies mentioned in this communication.

Self-managed superannuation funds are not cost competitive for lower balance accounts and are not appropriate for all investors due to the time, cost and responsibility involved in managing an SMSF. For these reasons, it is imperative that you seek advice from your financial adviser before making any investment decisions.

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