partners for life
Accounting
Important Changes to Managing Activity Statements
October 7th, 2014The Australian Taxation Office (ATO) have implemented important changes to the way they manage the delivery of Activity Statements. If you or your registered agent lodges an activity statement on your behalf through an electronic channel, your next activity statement will be available only in electronic format – the ATO will not send a paperread more
Smart End of Year Financial Strategies
March 18th, 2014Pre-Pay Income Protection Premiums and reduce this year's tax If you are employed or self-employed, pre-pay 12 months income protection/salary continuance premiums and bring forward your tax deduction to this financial year. Don’t have Income Protection insurance? At age 40, there is a 48% chance you will have a serious health event ie Death/Disability/Trauma. Weread more
Don’t Pay More Fringe Benefits Tax Than You Must!
January 13th, 2014Yet another FBT year comes to a close on 31 March 2014. Do you provide benefits to employees (including yourself and your spouse)? Not sure about that vehicle just purchased or the prized Ashes tickets you gave to your sales manager? Our experience is that many employers unwittingly provide Fringe Benefits. The ATO has advisedread more
The Buttery Cafe and Homewares, a New Addition to the Cafe Scene in Joondalup
December 3rd, 2013The business opened 5 months ago and is run by Interior Designer, Aynsley Anderson with the help of her Chef-Barista daughter Lisa and IT Guru son Jason, The Buttery Cafe has gone from strength to strength since opening. Arriving from New Zealand two years ago with many successful businesses under their belt, the Andersons struggledread more
Quick Tax Tips
June 21st, 2013With the end of financial year fast approaching, here are some quick tips to help you save time and get more cash into your bank account. 1. Working from home - If you work from home, make sure you keep a diary of your internet usage and the hours you spend working. 2. Donations to aread more
End of Year Tax Planning Checklist
June 21st, 2013Small Business Entity Rules Small Business Entities - the small business entity rules apply to a sole trader, partnership, company or trust which has a group turnover of less than $2M in the previous year, or likely to be less than $2M in the current year. Depreciation Rules - if the asset costs less than $6,500 itread more
Individuals – A Quick Checklist of Changes
June 21st, 2013PERSONAL TAX OFFSETS The ATO have made major changes to the tax offsets available to individuals. If you have previously taken advantage of the following, you may have an increased tax liability for 2012/2013. Net Medical Expenses Tax Offset: For adjusted taxable incomes in excess of $84,000 (singles) or $168,000 (couples and families) the offsetread more
Do you operate a Trust? – 30 June Urgent Deadline
June 21st, 2013Trust Resolution Instruction Forms were sent to all applicable clients in April 2013. It is critical that these forms be completed and returned to the office before 30th June, 2013. Please note that this requirement to complete the Trustee Resolution has been a strong focal point of the ATO. If you require any assistance orread more
Thinking about becoming a client?
Book your free, no obligation consultation right now via our online booking system or get in touch to find out more
Already a client and want to get in touch?
Send us an email via our enquiry form or give us a call today