Mark Semmens

Posts by Mark Semmens:

Are your bad debts costing you extra tax? Here’s what to do…

Bad debt. It is the bane of every business owner’s existence. " You have been busy producing, selling and doing....

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Instant Asset Write-Off – Proposed Increase to $25k

Last week the Government announced a proposal to increase the threshold for the instant asset write-off to $25,000. “The $25,000...

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Single Touch Payroll to Cover All Businesses

The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 has now passed both Houses.  This was an important moment in...

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Semmens & Co New Services – Payroll Services for Business

With the recent introduction of STP for all businesses, the need for robust payroll practices has become paramount for business...

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PAYG Withholding – New Legislation Removing Tax Deductions for Non-Complaint Businesses

Semmens & Co urges all our business clients to review your PAYG Withholding payments, as new legislation removing tax deductions...

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Staff Benefits – How to correctly apply the Minor Benefit Exemption

As the festive season has ceased, business who were in a giving mood to employees during this time should understand...

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Open banking is coming – what is it and how will it affect you?

Open banking is on the way, and it’s important to understand this international movement which could dramatically change the way...

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Your Job Description as Director

Most business owners know that every member of their team needs a Job Description, which should include: Clearly outlined responsibilities...

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30% Limit On Interest-Only Residential Mortgage Lending Lifted

From 1 January 2019, APRA will remove its 30% limit on interest-only residential mortgage lending for banks and other lenders. The...

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Semmens & Co partnering with Invoiceinterchange

InvoiceInterchange provides businesses with simple and flexible cash flow solutions. We understand that waiting for invoices to be paid puts...

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Thoughts From Our Principals

Mark Semmens

Mark is a Chartered Accountant with a wealth of experience in accounting and taxation. Mark is a Member of Chartered Accountants Australia and New Zealand, the Tax Practitioners Board and the National Tax and Accountants Association.

Mark's blogs
Daniela Semmens

Daniela Semmens is a Co-Director of Semmens & Co. and joined the company as General Manager in 2017. Daniela is an Affiliate Member of Chartered Accountants Australia and New Zealand and also a Member of the Australian Institute of Project Management.

Daniela's blogs

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