IBR Updates
updated 27/9/2011
1. IBR New Editions - DELAYED
2. Tax Tables
3. WinCashbook
1. IBR New Editions - DELAYED
We would like to inform you that we have decided to delay the release of all IBR new editions. Recently we undertook a review of all resources as we do prior to beginning the update procedure. The number of changes needed was not significant at this point in time. In the meantime, we will provide any new information on the website. The nature of the new information mainly concerns the legal and taxation requirements section of the resources.
Another reason for our delay is that IBR has determined a demand in our marketplace for ebooks. As part of that process we will investigate that possibility for our resources. Please check this page for further updates on ebook development. Should you have any feedback you would like to offer us on our current resources or the potential development of ebooks, it would be most welcome. Please email us any feedback as soon as possible.
2. Tax Tables
Current tax rates are presented in the table below. Tax Tables do affect calculations in our resources that relate to Business Structures and Taxation Considerations.
| Taxable income | Tax on this income |
| 0 - $6,000 | Nil |
| $6,001 - $37,000 | 15c for each $1 over $6,000 |
| $37,001 - $80,000 | $4,650 plus 30c for each $1 over $37,000 |
| $80,001 - $180,000 | $17,550 plus 37c for each $1 over $80,000 |
| $180,001 and over | $54,550 plus 45c for each $1 over $180,000 |
3. WinCashbook
WinCashbook is Australian tax software for small business. It keeps business records easily and flexibly and helps small businesses to comply with their tax requirements. WinCashbook includes excellent business management. WinCashbook is available on the IBR CD included with every Certificate III and Certificate IV Learner Resource.
Its ease-of-use is explained with the iceberg on www.wincashbook.com.au. Record keeping and the BAS are the main features visible when the cashbook is first opened. Other features are available 'below the waterline' as shown in the image.
Did you know that the IBR financial tables can link to WinCashbook?
Business Projections can be compared with actual performance in the initial stages of the business start up.
If you are a trainer and want to produce your reports for DEEWR, the process is facilitated using the IBR financial tables and the WinCashbook 'update plan' feature.
- WinCashbook is free for student use during training and as they start their businesses.
- There is also a NEIS discount of up to 40%.
Clicking the iceberg image on the WinCashbook website lists the features. For more information please email sales@wincashbook.com.au.