Business Tax, Accounting, Bookkeeping and Accounting Software
New rules for property investors 2018
With the uncertainty spotlight on the Australian federal government budget o reduce the ability of rental property owners to claim tax deductions for rental ownership expenses, we outline some of the changes the government is introducing to reduce this powerful tool for tax minimisation and wealth creation. The abolition of claiming a travel expense to…
Read MoreWays You Didn’t Know Your Tax Accountant Could Help You
You may think your accountant’s only purpose is doing your tax return at the end of the financial year however this is only a fraction of the service they can provide for you. Depending on your personal and professional circumstances, they can offer valuable support in numerous other ways. Let’s look at some of the…
Read MoreThe Benefits Of Seeing A Professional Tax Agent
There are many ways that a tax agent can provide a positive financial benefit to you. A good tax agent will have useful tips and strategies that can improve your overall financial position, both personally and professionally. By using a tax agent instead of doing your tax return yourself, you can take advantage of their…
Read MoreGet More From Your Tax Return This Financial Year With A Professional Tax Agent!
Professional tax agents are in the business of managing tax affairs for individuals and businesses. They love to save you money and reduce tax. They can assist from many financial angles and want you to become more profitable and wealthy. You can benefit from their specialised skillset, wisdom and experience. Here are a few ways…
Read MoreClaiming superannuation deductions now for employees from 2018 tax year
Claiming superannuation deductions now for employees from 2018 tax year Until the 2017 tax return only self employed could claim extra superannuation contributions and this had to be effectively done through salary sacrificing to super. However, from 2018 tax returns employees can also claim super contributions. This can be a great tool to reduce your…
Read MoreLate 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…
Read MoreFive 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…
Read MoreWhat 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…
Read MoreHospital 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…
Read MoreLast 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…
Read MoreNew business trends to drive your success
here are some tips on what is emerging as new trends to improve your business success. Artificial intelligence is becoming more common and cost effective. Can it assist you in your business? Use Video marketing. It improves your sales conversion and explains or differentiates you. Targeted specific information online is critical. People are looking for…
Read MoreNew business top 8 things not to do
Are you starting business? Here are my top eight things not to do: Do a business you are passionate about … not one you just want to make money from. Get it flying and start, don’t wait. Do not wait until everything is perfect to start and don’t procrastinate a start too. Don’t try to…
Read MoreFast ways to improve your business profits
Is not enough profit or cashflow a challenge for you a the moment? here are some tips on what to review to improve your business profits. Use budgeting to drive you to income and expenditure which challenges your business to grow. Use target marketing. Many business vastly improve when they precisely define their target markets…
Read More23 ways to lose clients fast
Is losing clients or customers a challenge for you a the moment? here are some tips on what not to do. Broken promises Fail to deliver or an inflated sales process Changing your own business owner structure or change in ownership structure of the clients Perceived high price for value Poor service Slow to respond…
Read MoreOur biggest weapons that grow business
Times may be hard in business. Well are they. We feel if you work hard and smart your business can still flourish. Here are some of the best ways to ensure your business thrives in any economy: ensure you have a website that works have marketing targeted at specific target markets get signage that works…
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