Blog Feed

ATO Tax Time Information - Home Office Expenses (D5)

-Running expenses

-Occupancy expenses

-Phone and internet

... read more

( Posted in: Individuals )

Things to consider in the lead up to 30/06/2022

As we approach the end of the 2022 financial year, it is important not to forget long term planning for retirement. We would like to highlight some superannuation related issues worth considering.

... read more

( Posted in: Financial Planning )

ATO Tax Time Information - Car Expenses (D1 & D2)

Choose from 2 methods

Method 1 = Logbook

Method 2 = Cents per kilometre

... read more

( Posted in: Individuals )

June 2022

  • Year End Tax Planning
  • It's Time to Work ON the Business, not just IN the Business
  • Buying a Business & Due Diligence
  • Federal Budget 2022-23 Round Up
  • 2022 Tax Return Checklist 
... read more

( Posted in: Newsletters )

EOFY Financial Planning Strategies

Top 10 strategies to implement by June 30

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( Posted in: Financial Planning )

Tax Planning - Trusts

Tax planning is the process of estimating your current year's taxable income and tax payable and taking steps to minimise this. 

It involves these 4 steps.

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( Posted in: Trust )

Buying a car

If you operate a Company or a Trust read on

... read more

( Posted in: Business )

2022 Federal Budget Summary

Compared to past years, this year’s Budget is a little bland however, it does include some ‘sweeteners’ to keep the electorate favourably disposed toward the incumbent Government, come election day. 

... read more

( Posted in: General )

Buying a Car

Sole traders looking to buy a car for your business read on

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( Posted in: Sole traders )

March 2022

  • The Key Ingredients for Business Success - Part 3
  • Great Teams Build Great Businesses
  • Winning Website
  • Video, Technology & Software
  • Customer Database and CRM system

Marketing Essentials for Business Start-Ups

  1. Branding
  2. Website
  3. Social Media

 

... read more

( Posted in: Newsletters )

Christmas Holidays

Our office will close on  Friday 17 December 2021 and will re-open on Monday 10 January 2022.

We would like to take this opportunity to thank you for your support and to wish you and your family a safe and Merry Christmas, a Happy New Year and a prosperous 2022! 

 

 

... read more

( Posted in: General )

Bookkeeping software

We recommend Xero (for most clients)

Other common bookkeeping software includes

  • MYOB
  • Quickbooks
  • Reckon
  • Sassu
... read more

( Posted in: Computer & Software )

Bookkeeping

Our in-house bookkeeper, Arrow Bookkeeping, offers the following services

  • Bookkeeping
  • BAS lodgement
  • Wages
  • Payroll Tax
  • Work Cover
  • Training
  • Support
... read more

( Posted in: Business )

Employee OR Contractor

Take care when employing contractors as they may actually be employees in the eyes of the ATO.

Work cover, payroll tax and super may also be payable - you will need to refer to the relevant authority's website for further information

... read more

( Posted in: Employing workers )

ATO Super Rules

For employers

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( Posted in: Superannuation )

Mental Health

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( Posted in: Business )

How much super do you need

How much super do you need to retire depends on the lifestyle you want

... read more

( Posted in: Superannuation )

Employing workers

Links

... read more

( Posted in: Employing workers )

Starting a business

Make a free 30min no obligation appointment with us

Here are some useful links

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( Posted in: Starting a business )

Business Victoria

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( Posted in: Links )

Fair Work Ombudsman

... read more

( Posted in: Links )

Payroll Tax (Vic)

... read more

( Posted in: Links )

Work Cover (Vic)

... read more

( Posted in: Links )

Australian Taxation Office

ATO Links

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( Posted in: Links )

ATO Tax Time Information - Employees working from home during COVID-19 (D5)

Running Expenses

-fixed rate method

-actual expenses

-short-cut method (COVID-19 only)

... read more

( Posted in: Individuals )

ATO Tax Time Information - Self-education Expenses (D4)

General expenses eg course fees and books

Depreciating assets eg laptop

Car expenses

... read more

( Posted in: Individuals )

ATO Tax Time Information - Clothing & Laundry Deductions (D3)

Occupation specific

Protective

Compulsory uniform

Non-compulsory uniform (registered with AusIndustry)

... read more

( Posted in: Individuals )

ATO Tax Time Information - Travel Expenses (D2)

Tolls

Parking

Motor vehicles (other than cars)

Local travel

Overseas travel

... read more

( Posted in: Individuals )

Car Expenses - which trips are claimable as work trips (D1)

Which trips are claimable as work trips?

... read more

( Posted in: Individuals )

December 2021

  • The Key Ingredients for Business Success - Part 2
  • Government Locks in Director ID Deadline
  • Preparing to Sell Your Business
  • ATO's New Stapled Super Fund Rules
  • Why Do New Businesses Fail?
... read more

( Posted in: Newsletters )

Director ID (NEW)

A unique 15-digit identifier given to a director which will be kept forever. It will help to prevent the use of false or fraudulent director identities

... read more

( Posted in: Company )

Why Use A Tax Agent

Tax Agents will help you to minimise your tax and their fee is tax deductible

... read more

( Posted in: Individuals )

September 2021

  • The Key Ingredients for Business Success - Part 1
  • COVID-19 Grants & Subsidies
... read more

( Posted in: Newsletters )

June 2021

  • 2021 budget highlights
  • Year end tax planning
  • Superannuation and tax planning
... read more

( Posted in: Newsletters )

March 2021

  • Planning for a pandemic
  • Coronavirus vaccine rollout
  • What drives business growth and profits
  • Ways to grow your business
... read more

( Posted in: Newsletters )

December 2020

  • Is it the right time to start a business
  • Jobkeeper scam
  • 2020-21 federal budget summary
... read more

( Posted in: Newsletters )

September 2020

  • Marketing in preparation for a post-pandemic world
  • Closing a business
  • Jobkeeper extension
  • Business lessons from a pandemic
  • Car expense & home office claims
... read more

( Posted in: Newsletters )

June 2020

... read more

( Posted in: Newsletters )

March 2020

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( Posted in: Newsletters )

December 2019

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( Posted in: Newsletters )

September 2019

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( Posted in: Newsletters )

June 2019

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( Posted in: Newsletters )

March 2019

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( Posted in: Newsletters )