What’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…

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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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The 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…

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9 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…

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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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what to do in COVID-19 times

5 things to do in COVID19 times In these tough times of corona impacting us in so many ways, we give you some quick ways to keep positive and use your time well.    Check out and apply for any government support entitlements Business – State grants, Cash boost and Jobkeeper. We can assist you…

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Client Referral Incentives

We are looking for referrals from our clients and are looking for genuine referral partners We really need your help? Can I show you how to refer to us and the incentives we offer? Yes we pay you, for referrals. Our short video explaining the client incentives we offer you to refer us clients like…

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How to keep a business plan active

How to develop a business plan that you actually use Have you ever produced a business plan, got really excited about it, and then left it on the shelf to gather dust?   Unfortunately, this is all too familiar for businesses, large and small, so you’re not alone.   Here are some quick tips to…

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How 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…

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Balancing business growth with staff quality

Balancing business growth and keeping work quality with staff A growing business may feel that as the business grows with it comes challenges in keeping staff output as high. The quandary is a good sole operator eventually hits the ceiling in output, but done poorly growth with staff can lead to poorer business work quality.…

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What is new for tax 2019

Changes to tax returns 2019 So what is new for tax returns 2019? Well it isn’t the most huge changing year in terms of individual tax returns. Some tax rates changes have occurred including a lower Help (hecs)repayment threshold, lower income tax rates. You can now have a higher excess of $750 for singles and…

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Tips to improve your attitude to money

Let’s talk about attitude to money If you are interested in improving your attitude to money, here are some tips from a room full of professionals and business people. Purpose. Find a purpose in life and the money will come. Be around it. Be around people who do well financially, their energy will help you.…

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