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Benefits Of Hiring A Business Tax Accountant For Your Startup
Starting a new business is an exciting and challenging endeavor. As an entrepreneur, your focus is likely on creating innovative products or services, attracting customers, and building a brand. However, … Read more
Why Hiring A Reliable Tax Advisor Is Key To Financial Success?
As an Australian taxpayer, you face an increasingly complex financial landscape. Navigating the intricacies of tax law, maximising deductions, and ensuring compliance can be overwhelming. This is where a reliable … Read more
Why FIFO Workers Should See a Financial Planner
FIFO work offers great reward, however, it comes at significant personal sacrifice and poses unique challenges to those who undertake it. If you’re a FIFO worker, it’s unlikely that you’ll … Read more
How to File a Tax Return When You Have Multiple Businesses
Navigating the realm of taxation can be a daunting task for any business owner, not to mention those operating multiple businesses. Regardless, lodging an accurate tax return is a legal … Read more
How to Reduce Your Tax Liability in Real Estate Investment
When it comes to investing in real estate in Australia, the potential for profit is substantial. However, so too is your tax liability. Luckily, Australia’s taxation system provides myriad options … Read more
How to Improve Cash Flow for Your Small Business
As a small business owner, managing cash flow is essential to the success of your business. Proper cash flow management ensures that your business can meet its financial obligations and … Read more
Exploring Tax-Advantaged Investment Options
In today’s economic climate, a variety of investors are looking for ways to get the biggest return out of their money while avoiding high-risk investments. It can often be difficult … Read more
Top Reasons Why Startups Fail and How to Avoid Them
As an entrepreneur, starting a new business can be overwhelming and exciting at the same time. Starting a business can open many doors; however, there are also risks involved. Unfortunately, … Read more
The Pros and Cons of Tax Shelters and Offshore Accounts
Tax shelters and offshore accounts have become increasingly popular ways of protecting wealth from taxation and creating a more secure financial future. As the years go by, they have become … Read more
Must-Know Guide To Filing Tax Returns for the Self-Employed
Filing tax returns as a self-employed individual can be a daunting prospect. Many of the obligations and requirements are different from those of the employed, so it is important to … Read more
What Does “Balancing Account” Mean When Submitting an ATO Tax Return?
Tax season can be a stressful time for many Australians. One of the most common questions individuals and businesses face when filing a tax return with the Australian Taxation Office … Read more
Reasons Why Your Tax Refund Was Cancelled
Australia’s tax system is complex, and while most people often expect to receive a tax refund, some may find that their refund has been cancelled. This can be a major … Read more
What Tax Deductions Do Tradies Qualify For?
Running your business as a tradie can be a lucrative way to earn a living. But it can also be a bit of a headache when it comes to tax … Read more
How Do You Calculate the Valuation of a Small Business?
The valuation of a small business refers to the process of determining the fair market value of the business, which is the price that a willing buyer would pay for … Read more
How Does an Accountant Help a Small Business?
When you start off on your own venture, there are a lot of aspects you might want to tackle on your own. You want to be in control of all … Read more
Changes To Payroll from 01st July 2022
Payroll management is essential for businesses as it ensures that employees are paid accurately and on time. It also prevents payroll fraud, which can be costly for companies. Effective payroll … Read more
The Effects Of The Budget On Australians
This year’s Australian budget reflects a stronger economy as Australia has shown a remarkable economic recovery following the pandemic. More Australians in the workforce and fewer on welfare have led … Read more
6 Factors to Consider When Choosing a Tax Accountant
Business owners and individuals hire tax accountants to ensure the accuracy of their financial documents and compliance with laws and regulations. A tax accountant can also help you maximise your … Read more
Benefits of Using a Personal Tax Accountant
Navigating the world of tax returns can be complex, time-consuming, and stressful. For many residents of Perth, hiring a personal tax accountant offers a myriad of benefits that go beyond … Read more
Importance of a Professional Business Advice Service for Your Perth Business
Importance of a Professional Business Advice Service for Your Perth Business There are several challenges in growing a business, including planning ahead, keeping up with the market, financial management and … Read more
Tax Tips for Different Income Brackets
If you do not assess your current financial situation, you are more likely to pay unnecessary taxes. Regardless of your income bracket, you can make some adjustments to protect your … Read more
Tips and Strategies for Finding a Business Advisor in Perth
Growing a successful business takes time, effort, and knowledge. Managing a small business can be challenging due to its various moving parts. Business advisors play a crucial role by assisting … Read more
What Does a Business Accountant Do?
Business owners and entrepreneurs have a lot on their plates. Having a business accountant on staff or on-call makes things much more manageable. But what exactly can a business accountant … Read more
The Perfect Last-Minute Tax Checklist
Filling out an income tax form can be a pain for many people. That headache can grow into a stress-induced migraine if you’re working so close to the deadline. When … Read more
Can I Claim Tax Agent Fees? 5 Forgotten Tax Deductions
If you are an employee, a rental property owner or a small business owner, you must understand what you can claim on tax. However, a lot of people miss out … Read more
What Tax Deductions Can I Claim for Small Business?
Saving receipts for tax will help you and your tax accountant. How proper receipts provide evidence of your expenses and income. They separate your taxable and nontaxable income. They help … Read more
Essential Guide: Things to Consider Before Starting a Business in Perth
Starting a business is an aspiration for many, but it requires thorough planning and consideration. This blog post will guide you through the key factors to consider before launching your … Read more
Why Your Small Business in Perth Needs a Tax Accountant
Running a small business in Perth can be incredibly challenging. Statistics show that many small businesses fail within the first 18 months due to poor financial management. As such, realising … Read more
How to Choose an Accountant for Your Business
With so much to manage when running your own company, hiring an accountant to take care of your finances and taxes is highly recommended. However, you need to choose the … Read more
Questions to Ask Your Tax Accountant
While common questions will be about tax deductions, your tax goals will be different as an individual and as a company owner. Common Questions to Ask When Hiring a Tax … Read more
What Types of Income do I Need to Declare on My Tax Return?
Introduction For most people who hold full-time work positions, much of the information for their tax returns is pre-filled based on information that the Australian Taxation Office (ATO) receives from … Read more
Tax Changes Happening in 2020
As the current COVID19 situation has changed the income situation of many Aussies, the Australian Taxation Office (ATO) has implemented new policy changes to help everyone cope. A majority of … Read more
Principles for Successful Entrepreneurs
As an entrepreneur in Perth, navigating the business landscape can be challenging yet rewarding. Whether you’re just starting your entrepreneurial journey or looking to refine your strategy, adopting certain principles … Read more
What Does a Tax Accountant Do?
What is a Tax Accountant? A tax accountant is someone who studies tax law and assists clients and businesses with their income tax and financial statements. Tax accountants usually have … Read more
Investing in holiday homes
In Western Australia, we are blessed to have so many great holiday spots within driving distance. Many people choose to purchase holiday homes, partly as an investment, but also for … Read more
What do if inheriting property
Inherited land generally is disregarded in terms of Capital Gains/Losses when it is passed; To the deceased person’s executor or other legal personal representative To the deceased person’s beneficiary — … Read more
Obtaining and Owning a Rental Property
It is vital to keep receipts. You will want to claim absolutely everything you are entitled to, and to do so you will need every receipt. You will also need … Read more
What is Capital Gains Tax?
Investments in Real Estate are complex and can take time. However, the possibilities are endless. Unfortunately, this brings tax complications into the picture. If you are renting property out, then … Read more
What Questions to ask before hiring a Small Business Advisor?
What Questions to ask before hiring a Small Business Advisor? Unsure what way you should steer your business in? Need advice and insights into your industry before you spend your … Read more
What questions to ask your Tax Accountant in regards to your Small Business?
What questions to ask your Tax Accountant in regards to your Small Business? Do you get overwhelmed when going to the tax office? Unsure what to ask? Don’t really understand … Read more
What Job-Related Expenses Are Tax Deductible?
When it’s time to lodge the tax return one starts to think of the expenses incurred over the financial year. Some of the expenses may fall under the category of … Read more
What Is The Difference Between Accounting And Bookkeeping?
People often believe that Bookkeeping and Accounting are virtually the same things when in actual fact they do differ. While they both work to assist you with your finances, there … Read more
Top Tips to Maximise Your Tax Refund in Perth
Want to make the most out of your tax refund this year? Here are comprehensive tips and strategies to ensure you get the biggest refund possible. Whether you’re an individual … Read more
How To Track The Progress Of Your Tax Return
Income tax returns lodged with the Australian Tax Office may take about two weeks to process. In some cases the lodgments may take up to a month or so, this … Read more
Best Tax Tips for Small Business Owners and Start-ups
Tax Tips for Small Business Owners and Start-ups As tax time has well and truly arrived we have decided to share our best tax tips for small business owners and … Read more
What are the Benefits of Hiring a Bookkeeper?
Benefits of Hiring a Bookkeeper What exactly is a bookkeeper? What does a bookkeeper do? Do you need a bookkeeper? A bookkeeper’s primary responsibility is keeping and maintaining a detailed … Read more
Points to keep in mind to avoid ATO Tax Audit
Points to keep in mind to avoid ATO tax audit Tax time, a stressful time of year! Let’s talk about some points to avoid any ATO tax audits and let … Read more
Tips For Finding Work-Related Tax Deductions For Self-Employed
Work-Related Tax Deductions For Self-Employed If you are a self-employed professional who takes care of their own taxes, there are certain common expenses concerning your income and work that you … Read more
7 Tips To Get The Most Out Of Your Accountant
7 Tips To Get The Most Out Of Your Accountant A good accountant should be able to offer advice on virtually every facet of your operations. Below are 7 tips … Read more
What Is The Role Of A Tax Accountant?
What Is The Role Of A Tax Accountant? The tax accounting profession is challenging but is rewarding as well. The career of the tax accountant necessitates following a precise education … Read more
Tax Tips to Claim More on Your Deductions
In the video, several tips for maximising tax refunds and deductions are discussed. Here are the main points: Work-related Car Expenses There are two methods to claim these expenses. The … Read more
Planning For Business Success
Business plans are a necessity for starting a business or ensuring business longevity. Business plans allows business owners to effectively plan for success, organise their business and determine their business … Read more
Top 10 Marketing Tips For Small Businesses
How to get the BEST out of your Marketing Initiatives. When starting or expanding a new business Marketing plays a vital role in the success of your business. Marketing creates … Read more
Management Priorities For Your Business
8 Management Priorities when you start your business Create a Strong team of advisors When starting a business, decisions can be tough, especially if you are starting a business all … Read more
How Online Networking groups increase the digital footprint of your business?
How Online Networking groups increase the digital footprint of your business? Online networking groups in any form of group or community created on social media accounts and websites, where individuals … Read more
How can WA’s Small Business Development Corporation help grow your business?
How can Western Australia’s Small Business Development Corporation help grow your business? The Western Australia Small Business Development Corporation core focus is to deliver and facilitate relevant, practical support to … Read more
What is Cloud Accounting and What are its benefits?
What is Cloud Accounting and What are its Benefits? The infamous “Cloud” is a digital platform where data and software are stored to be accessible online at any time, anywhere, … Read more
Reasons to Outsource Your Bookkeeping
Bookkeeping involves recording the financial transactions of your business. While it can be tempting to handle this in-house, outsourcing to a qualified accountant can lead to more efficient use of … Read more
How Can You Claim Work-Related Tax Deductions?
Work-Related Tax Reductions are any extra costs in which you paid out of pocket for, relating to your work needs. For all work-related tax deductions you must: 1. Spent the … Read more
Essential Bookkeeping Tips for Your Perth Business
Managing your books effectively is crucial for the long-term success of your business. Whether you’re a new start-up in Perth or an established company, following these essential bookkeeping tips will … Read more
What is Single Touch Payroll and How it will impact you as a small business owner?
What is Single Touch Payroll? Single Touch Payroll is a new way of reporting tax and superannuation information to the ATO. Using this new method, employers are required to report … Read more
Things to Consider before Hiring a Business Tax Accountant
Hiring a Business Tax Accountant Business Tax Accountant is the most important team member for your business since he or she is responsible to advise the financial and tax affairs … Read more
How Negative Gearing from your Rental Property can help you Save Tax?
How Negative Gearing Can Help You Save Tax? For those of you who do not know negative gearing in terms of real estate, it simply means the rental income … Read more
Tips On How You Can Make The Most Out Of Uber
Is it worth driving Uber after paying all the expenses and taxes? This post is not to discourage Uber drivers who are really working hard and uber has become the … Read more
Why are Co-Working Spaces Best for Business Start-Ups?
Starting a new business can be very challenging and 90% of the new businesses do not last for more than 1 year. So if this is your second year in … Read more
What are the Best Bookkeeping Softwares/Tools?
Best Bookkeeping Softwares/Tools Bookkeeping simply means tracking your business transactions on a regular basis and is considered to be a crucial activity for any business. Without bookkeeping, a business can … Read more
Why Small Businesses should outsource their bookkeeping?
Bookkeeping is the crucial part of a business and cannot be ignored at any time or the businesses can suffer significant losses and sometimes not even sustain for a longer … Read more
Restaurant Bookkeeping Perth
Perth Restaurant Accounting & Bookkeeping We work with many Perth restaurants, cafes and food franchisees to help keep their accounting and books in order. We know you are busy. That’s … Read more
Business Activity Statement FAQs
Taxes can be confusing for a lot of business owners. One form that constantly proves to be one of the most complicated for those who need to fill them out … Read more
Where is My Refund?
Come tax season, many Aussies all across the country are constantly trying to track their tax refund. Since many individuals and families rely on that money, which can sometimes be … Read more
Uber Tax Advice to Be Aware of
If you drive for Uber, here’s some Uber tax advice you should pay attention to. INCOME REPORTING ON TAX RETURNS The money you make from being an Uber driver is … Read more
Tips on Air BnB Tax
If you own a home and plan to go on vacation, listing it on Air BnB can be a good way to earn extra income. Similarly, that unoccupied room in … Read more
Resources in Perth to Support Your Small Business
The Australian government offers numerous resources to help support your small business. While there are many aspects to running a business, not all are as enjoyable and simple. Making sure … Read more