ATO Scam tips

Why it is important to protect your tax file number. Some of you may already be aware how important it is to protect your tax file number (TFN) from getting into the wrong hands. Crooks can use your TFN for TFN fraud, such as present themselves as you to the ATO , do your tax…

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July Covid support payments from state government

During this July 2021 Covid support payment update Some updates for you: 1.    Support for individuals The COVID-19 Disaster Payment has been extended to residents of South Australia and Victoria. The payment will be: $600 per week to individuals that have lost 20 hours or more of work during the lockdown period, or $375 per…

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How company saves tax explained simply

How to save tax in business using a company   Most companies are now taxed at 25% from each $ of profit from 1/7/21   Whereas individual takes rates are higher than this from each dollar over $45000 So businesses can take advantage of the lower individual tax rates by paying themselves individual income from…

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Work From Home Tax Deductions explained

Work From Home Tax Deductions explained We understand that due to COVID-19 your working arrangements may have changed. If you have been working from home, you may have expenses you can claim a deduction for at tax time.   Home Office deduction on tax return: requirements, records to be kept, what can be claimed. why…

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Building Momentum In Your Business

Building Momentum In Your Business   Typically, a business can start out with many mistakes. It is a critical time, where important steps can make or break the long-term success of the business. Gaining momentum is crucial in the early phases and in plateauing areas of the business.   Be clear on where you are going…

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Job keeper Changes

Job keeper Changes Oct 2020 If you currently receive JobKeeper Payment it remains unchanged and available until 27 September 2020. New applications for JobKeeper remain open, subject to meeting the relevant eligibility requirements. On 21 July 2020, the Government announced an extension of the JobKeeper Payment until 28 March 2021, targeting support to those businesses and not-for-profits who continue to…

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How Tax Accounting Adelaide can assist YOU!

Our services include:     Tax Returns Individual, Business, Self-Managed Super Fund   Advice Capital Gains, Property, Starting a new business or buying a business, Working overseas, SA land tax, and many more!   Accounting New Software Implementation, Performance Reporting and Meetings, Bookkeeping, BAS returns.   Business Improvement Services Coaching, Small business marketing, Business check…

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What to review in your marketing for quick results

What to fix first in your marketing review?   If you want to improve your marketing and not sure where to start, here are some juicer places to start: Review your forms and brochures. Ask yourself if they are being used enough and well? Are they easy to use for staff and clients? Are they…

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Your Guide To Choosing The Right Accountant

Choosing the right accountant for your personal and professional needs may seem daunting but it’s a necessary step for you to maximise your current financial position and proactively plan for your future. The right accountant can do a lot more for you besides preparing your annual tax return. This important relationship should benefit you financially,…

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How A Registered Tax Agent Can Help You This Financial Year

You may believe your tax agent’s sole purpose is helping you with your tax return at the end of the financial year, however, this is only part of the services they usually offer. In most cases and depending on your circumstances, they are able to offer valued support in other ways. Here are some of…

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The way you get your Payment Summary information is changing!

The Changes to Your Payment Summary Information.     As you know, you may now no longer get a payment summary from your workplaces. We will be able to see your payment summaries as soon as they are lodged with the ATO by your employers. Sometimes in early July, they are not yet available.  …

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A simple lesson if new to employing staff

A simple lesson if new to employing staff Many of you may be thinking about employing staff and not sure what it entails. There are many good things to make staff work well. Here are some of the main aspects of your payroll and accounting.   To start with you need to choose and engage…

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8 Tax tips for trades businesses

accountant for trades businesses

8 Tax tips for trades businesses   We have many clients that are in the tradies such as electricians, plumbers, renderers, carpenters, builders, painters, steel fixers, plasterers and more Our top tax tip for trades businesses are: Know your scoreboard Right accounting entity Make accounting simple and easy for you Maximise your claims Know what…

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Introduction to Xero

Xero Accountant Adelaide

Our Introduction to Xero Find out why we recommend Xero to help your business Find out what it is and it’s features. A demonstration of a handy tip – getting Xero support We explain how much Xero costs. Meet us to discuss how we can help you and your trades business here    

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