Australia's Federal Budget 2015-16 is here. Download the report, watch the video overview and explore additional insights.
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Are you aware of the latest rates and thresholds that will affect your FBT liability? Click for a summary of the latest rates and thresholds for the year ended 31 March 2015.
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The strength of the result in March closed the 2015 Q1 NP%S to 2.5% - which was 0.5 percentage points above the 2014 Q1 position for the industry last year.
December was the most profitable month in the last quarter of the calendar year for the average Australian dealer with NP%S at 2.9%. Comparing year-on-year, average dealer profitability improved marginally in 2014 with a calendar year-to-date result of 1.9%.
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 2.6% for the average Australian dealer in January 2015. It was a good start to the 2015 year with a better result than January 2014’s 2.3%.
Date: August 17th - 20th 2015 Learn the financial dynamics of a dealership, key drivers of profitability and the relationship between departments.
Accounting theory in the context of dealership financials and department transactions.