Tag Archives: Tax

Profiting from providing compliance services in an automated world… its actually really easy to do

In a world where time is money, it can feel like a double-edged sword when efficiency is deemed the only measure of success. For all accountants, providing compliance services is still a necessary part of the job, and will be up until the day we no longer need to lodge tax returns. It is aContinue reading “Profiting from providing compliance services in an automated world… its actually really easy to do”

Use the new financial year to get your tax habits in order !

A recent Xero survey found that three-quarters of Australian small businesses still store their receipts in shoeboxes and that can add up to 5,200 invoices a year – signaling the need for business owners to consider automation to pave way for better tax habits. There’s no reason why the “New Year, New Me” mantra shouldn’tContinue reading “Use the new financial year to get your tax habits in order !”

EOFY: Understanding your accounting needs and planning for the year ahead

The end of the financial year can often be a busy time for small business owners. All your business accounting needs to be finalised, tax returns need to be completed and submitted, and planning for the year ahead needs to be done. It’s not all bad news however, as tax time is the perfect opportunityContinue reading “EOFY: Understanding your accounting needs and planning for the year ahead”

EOFY Making the most of the government’s small business tax custs

The 2016 federal budget gave small businesses a reason to be excited about the end of the financial year – a company tax cut to 27.5% with the threshold lifted to include businesses with less than $10 million turnover (up from $2 million). For profitable small businesses, that’s potentially thousands of extra dollars each yearContinue reading “EOFY Making the most of the government’s small business tax custs”