Late Completing Your Tax Return? Don’t Stress We Can Help!

Hassle-free Late Tax Returns lodged No problem Tired of the stress of knowing your tax returns are way overdue… Have you been too afraid to take on your overdue tax returns? You are not the only one. We have many clients who have been in this situation. Are you worrying about all the ATO penalties…

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5 Signs It’s Time To Visit Your Tax Agent

So when should you get down to the tax agent? Here we tell you some sure signs you need some time with your tax agent. Your tax return has been the same for many years… Put simply if your tax return looks the same year in year out, it is a sign that your financial…

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Five common questions you should be asking your Accountant

A great person to ask what you should be asking your accountant is an accountant. So I have prepared five great questions to ask accountant.   What can I claim? Of course your accountant should be asked to explain the deductions that are available to your circumstances and occupation or business. These may be available…

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What to look for in a tax agent?

An accountant can do your tax return each year provided they are a registered tax agent. When registered this implies that they have qualifications, are a member of a professional society with ethical and professional standards and have the relevant insurances to perform this role. You can check their registration at the online tax and…

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How can a professional tax accountant help me?

There are many great assists that a good tax accountant can give you, here are some of these: Your accountant should be familiar with your worker industry, they can not only help you with this year’s tax deductions but educate you on what your occupational colleagues are claiming or what you can do even better…

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When to lodge your tax return by with your tax agent

When do you have to do tax return by Today we are explaining when you have to do your tax return by when you have a tax agent. If you have already done your tax return for this year you can listen to this for next year in case you ever need to lodge later…

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What does a beautiful financial future looks like

What a beautiful financial future looks like what this accountant thinks anyway… Have a good income Whether you are in business or working having an income is great Find what you love to do Set your own big bold income goal of …. Become investing Its not what you earn but what you save Make…

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Hospital cover – to have or not to have?

One question i get asked alot this year is should I keep my Hospital Cover? To have or not to have hospital cover insurance   I wish I had a penny for every time a client asks me about whether or not to have hospital cover insurance. I find the tax ramifications in this regard…

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the systematic way to create a million dollars

Easy way to create a million dollars It is ok to try to win the lottery, but here is a surer way to create a million dollars. Warning – It may take some time and you need to invest. So here is how to make the million dollars so that you wont have to fill…

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Last minute tax reducing and wealth smart ideas

Last minute tax reducing and wealth smart ideas Super contributions are tax deductable So from 1/7/18 you can get a tax deduction for investing in your Superannuation known as Super contribution, even if you are an employee. Make sure your old salary sacrificing arrangements have reduced the Super contribution to 25k not 30k or $35k…

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Budget 2018

Budget 2018 Announcements Personal tax rates – staged 7-year reform plan starting from 2018-19 Tax rates and thresholds Rate 2018-19 to 2021-22 2022-23 and 2023-24 2024-25 onwards 0% $0 – $18,200 $0 – $18,200 $0 – $18,200 19% $18,201 – 37,000 $18,201 – 41,000 $18,201 – $41,000 32.5% $37,001 – 90,000 $41,001 – 120,000 $41,001…

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Planning for if something should happen

Some of the basic steps in planning for in case something happens to me Have a will… Here is an online will service Online will Review personal insurances Create a document summarising your financial affairs bank accounts, investments, what to cancel subscriptions, social media passwords, who to let know. I used this one www.lifeandbeyond.com.au Review…

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Tax season 2017 get ready set go

Find out what has changed for tax 2017 and how to quickly get ready for your tax agent appointment with Tax Accounting Adelaide Our 2017 tax software is installed and ready to go This means you can find out your tax refund as quickly as June. Beware tax time is scam time If you are…

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Self Managed Super Funds Explained simply

Are you wondering what is a Self-managed Super Fund (SMSF) and how it works? What is a SMSF? A SMSF is a trust set up to create wealth for your retirement.  It can pool family member funds for a variety of investments such as shares, properties (such as your business premises), private loans to non…

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