Stage Three tax cuts

Tax cuts 2024 Tax Cuts are meant to be here from 1/7/2023 Just to refresh, here’s a simplified version of what the brackets are now: Earn up to $18,200 – pay no tax Earn $18,201 to $45,000 – pay a 19 per cent tax rate Earn $45,001 to $120,000 – pay a 32.5 per cent…

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Keep your Super safe!

The recent incident of fraudulent activities carried out by unfaithful financial advisors has raised the much-needed awareness for protecting your super. These advisors have swindled clients, including friends and family, for millions of dollars through their dodgy schemes.   These unethical behaviours have raised serious concerns about safeguarding your super savings. Here are a few…

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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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Contractor or an Employee?

  The criteria ATO consider whether you are an employee or contractor are:         Break free with Tax Accounting Adelaide Services call us on 83374460 Sole trader, Partnership, Company and Trust Tax and BAS returns; Self Managed Super Funds; Bookkeeping and Choosing Accounting Software; New business Startups Advise; Specialising in personal training…

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Budget 2020 – Individuals

  As you must have already heard, the 2020 budget was all about “JOBS”. A great deal of emphasis was placed on creating new jobs and helping individuals who lost their jobs due to COVID get back into work sooner.   The main buzz in the industry before the budget was even released circled the…

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Get Your Finances Back On Track With A Qualified Accountant!

  A qualified accountant, such as one from Tax Accounting Adelaide can help you get your finances back on track. If you’ve ever struggled with keeping up to date with your income and expenses, been swamped with a messy pile of receipts and invoices that only gets sorted at tax time each year, Tax Accounting…

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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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Take the Stress Out Of Tax Returns With Tax Accounting Adelaide!

  Do you want to reduce the stress and increase the return in your Tax Return? Read on to find out how you can benefit from choosing Tax Accounting Adelaide as your tax agent.    A face to face service with tax agent Tax Accounting Adelaide is most likely to prompt and uncover the most…

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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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Grow 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…

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What do you need for tax returns?

What to Prepare for a local meeting or virtual meeting (scan the documents and send them to me). I will acknowledge receipt, request if any information is required, and will arrange a way of meeting you soon. This is a long list and some of the items may not apply to you.  If they do…

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Why you need an accountant

Why you need an accountant Why do I need an accountant? You may be asking. Perhaps you have never used one and do your own or have not seen fully what they can do to be worth more than their investment cost. Here are some reasons why a professional tax agent may be able to…

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What to Bring for Your Individual Tax Return

So what do you need to bring for your individual tax return appointment? 1. A copy of your last tax return 2. Your tax file number 3. Payment summaries of employment government or super payments 4. A hospital cover tax statement 5. Bank interest and dividend amounts 6. Your bank details for your refund 7. Your…

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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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