It may only be February 2020, but in the blink of an eye it will be Tax Time 2020. As accountants in Melton who have helped thousands of taxpayers understand tax deductions and prepare their individual tax return, we know that it’s never too soon for you to start thinking about your next tax…
If you’re in business, you’re likely using a tax accountant to prepare your business tax returns, business activity statements, and financial reports. If you’re an individual taxpayer, you’re likely using a tax agent to prepare your personal tax return each year. But how can you be sure that the accountant or tax agent you’re working with…
Vacant land tax deduction changes are designed to target the everyday ‘property development’ including the building of a rental property. Do you hold a vacant block of land? Are you intending to build an investment property or some income-producing development on the vacant land? You need to be aware of a new law that…
If you haven’t yet received your 2019 PAYG Payment Summary, this may be why. It’s Tax Time 2019, and we have had a lot of phone calls and emails from clients who are quite confused about when they can book in to get their 2019 tax return done. Much of this confusion is about…
The key issues with the ‘cash’ economy is that it disadvantages our community and is completely unfair to honest taxpayers and honest businesses who make every effort to comply with the tax law.
With the end of the financial year only a few days away, you still have time to take action to legally reduce your small business tax liability for 2017.
Novated leases. What are they? How do they work? Find out how salary-packaging a car might be a tax-effective option for you.
Succession planning is an essential part of business life, yet remains a perennially under-addressed issue. There are more than just tax issues to juggle!
As a small business owner you know that bookkeeping is a necessary evil. When done inefficiently, it saps time and energy from the core revenue-generating functions of your business. If your business hasn’t already adopted cloud accounting technology, then here are 8 compelling reasons to make the switch now.