Yes it’s almost tax time but don’t get overwhelmed – CPA Australia has issued a business tax return checklist for sole traders, companies, trusts and partnerships and we’ve packaged it here for you to download easily!
My_Business_2018_Tax_Return_Checklist
Questions? Just call or email or book an appointment online.
Let’s talk about mental health and tax. Yep, these two things aren’t usually thought of together. But the ATO has a page on their website dedicated to small business owners experiencing mental health issues.
Why? Because when someone is running a business and is experiencing a mental health issue like depression, anxiety or something else, this can […]
The Treasurer handed down Budget 2018-19 on Tuesday 8th May.
We are pleased to provide a link to the National Tax and Accountants’ Association’s 2018 Budget Update which explains the tax changes. Please click here to download your PDF
For more information Click here to go to the Government’s Budget 2018-19 webpage
Or, if you’d like specific tax planning advice […]
Clients are increasingly asking about tax treatment of Bitcoin and other crypto-currencies.
The ATO has provided a guide for Tax Treatment of Crypto-Currencies specifically Bitcoin – essential reading if you have acquired or are considering acquiring Bitcoin – it covers:
* Bitcoin for business transactions
* Bitcoin for personal transactions
* Bitcoin for goods and services
* Capital gains
* Paying […]
If you’re coming in soon to discuss your tax return for yourself or your business, come prepared with some records or access to them to help us with the preparation. Being prepared is not only wise, but saves a lot of time and effort for both yourself and us.
If you are a new client it […]
You probably think that tax accounting is about numbers, accuracy, ethics and compliance. And yes, it is about those things. They are incredibly important. But we have found over our 20 years serving the Redlands, is that tax accounting is also about kindness, listening and compassion.
Every week we see new clients who come to us […]
First, for all of you with a Discretionary Trust … as you know your annual Trust Income Distribution must be implemented before midnight on 30 June. And remember, once 30 June has passed it is too late to make a change!
Make an appointment now to prepare for year end to ensure you have minimised your tax […]
1. Capture All Your Deductions
There are certain tax deductions that are permitted for most employees in Australia. More information of these deductions can be found on the ATO website.
We recommend that you are familiar with these deductions and ensure that you and your tax agent are claiming these as part of your tax return. The […]