Posts Tagged ‘business accounting’
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…
Read MoreBudget 2020 summary
Our Budget 2020 announcement summary The Budget was “all about jobs” (including creating new jobs and getting the unemployed back into work again) and getting the economy moving again. Some great news – tax cuts to individual tax rates. Bring forward of the second stage of the personal tax cuts by 2 years to 1…
Read MoreHow 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…
Read MoreTop business advice
What business owners say is their best advice When we asked business owners their greatest lessons learned or best business advice they said: Stick to running one business in the early days Get your price right, not too low and not too high Make the hard decisions early Surround yourself with the right…
Read MoreLife success tips
Tips for getting more success Here are some sure-fire ways to improve your success in any aspect of your life. Work on yourself, take steps to improve and commit to great results. Define what you want as a success. Fix your weaknesses. Set goals in your own words. Have a mission statement. Have a…
Read MoreGrow Your Business With Budgeting
Tax Accounting Adelaide has recently seen that the power of Budgeting and how it can drive the business towards its goals. So taking your sales goal of say 300k, you need to break this down by months. Budgeting is very easy via Xero. Our firm endorsed Xero and one of the reasons is how the…
Read MoreWhat’s New for TAX 2020!
What’s New for TAX 2020! LMITO Tax Offset of $1080. Base amount = $255 and Maximum Amount =$1080 The way you get your Payment Summary information is changing If your employer has started using Single Touch Payroll (STP), your payment summary information is now called an ‘Income Statement‘ in myGov. You will be…
Read MoreHubbing – Let’s connect together on social media and create our own networks!
Let’s connect together on social media and create our own networks. More than ever, we need to leverage our networks. As you’d no doubt be aware, there is more activity online than ever so we need to be smart about how we operate and help each other where we can. Join me What I’m proposing…
Read MoreThe 4 must haves for Restaurant businesses
The 4 must haves for Restaurant businesses We have many clients that are in the café, restaurants and hospitality business! Our 4 must haves! Good food and kitchen Good front of restaurant (premises, booking systems, great staff!) Good marketing Good admin Also make accounting simple and easy for you Never fly blind and…
Read More9 Tax tips for Medical Practitioners
9 Tax tips for Medical Practitioners We have many clients that are in the medical industry or practitioners. Our top tax tip for Medical Practitioners are: Always pay your PAYG Instalments. Right accounting entity Make accoutning simpel and easy for you Maximise your claims Claim back gst Get tax planning advice if receiving large…
Read More8 Tax tips 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…
Read MoreHow to get more sales from your website
How to get more sales from your website Do you have a website that really sells? If not here are some tips to make your website work better. Have your website traffic analysed, as to where visitors are tracking to. See where most interest is going and where they are abandoning. Are they clicking on…
Read MoreWe Have All Your Business Tax Accounting Covered!
Running a business can be time consuming and if you are like most business owners, you want to spend your time improving sales and looking at the big picture. Your relationship with your accountant should provide you with clarity and satisfaction that you are structured in a way that best suits your circumstances and sheds…
Read MoreHow to stay motivated
Is staying motivated a challenge for you a the moment? here are some tips. Good luck on effectively motivating yourself in business. Helping you effectively stay motivated in business is part of the service at Tax Accounting Adelaide. Break free with Tax Accounting Adelaide Services call us on 83374460 Sole trader, Partnership, Company and Trust…
Read MoreSystems that work for Business
Tips on having great little systems that work for your business Have you ever wondered why some of your simplest business systems are often the best. This month, our business networking group discussed ways of they use systems to help their businesses. Here are what some other businesses do that works for them: use job…
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