Hiring An Accountant Near Ashwood: The Best Approach
Tuesday, March 26th, 2013, Latest News
Accountants provide invaluable financial service to individuals and businesses alike. If you’re in business, however, there’s more need because of the complex nature of business finance and reporting. Even a small business in Ashwood can rely on the expertise an accountant has to offer and keep things on track. When your finances go beyond …continue reading the story.
4 Ways To Find The Right Accounting Firm Near Mount Waverley
Friday, March 22nd, 2013, Latest News
Given how close it is to Melbourne, finding an accounting firm near Mount Waverley should be simple for local businesses. Instead, the hard part lies in finding the right accounting firm from potential candidates available. Here are four methods you can use to focus your search efforts: 1. Accounting Qualifications First, it is important to …continue reading the story.
Find An Accountant Near Carnegie That Meets Your Business Needs
Wednesday, March 13th, 2013, Latest News
Having a hard time keeping all your business’ financial undertakings under wraps? It might be time to hire the services of a professional. Fortunately, finding an accountant near Carnegie isn’t a particularly difficult task, since the area is loaded with professionals. Why do you need an accountant in the first place?Many business owners visualise handling …continue reading the story.
Renting An Investment Property To A Relative
Wednesday, February 20th, 2013, Latest News, Tax accounting
A commonly asked question by clients is around the deductibility of rental property expenses if you rent to a relative. We now have more clarity on the arrangement due to the recent case held in November 2012 at the Administrative Appeals Tribunal Bocaz v FCT. Background The ATO released Taxation Ruling IT 2167 in 1985 …continue reading the story.
Minimum Pension Payment Guidelines
Tuesday, February 19th, 2013, SMSF Accounting
What happens if you don’t meet your minimum pension payment obligations in your SMSF this year? In this article you will find what the minimum pension payment rules are, what happens if you break them, and how to fix the problem. Background A benefit is taken to be a pension in accordance with the Superannuation …continue reading the story.
Caulfield Accountant Details Medical Expense Tax Offset 2013
Monday, February 18th, 2013, Latest News, Tax accounting
Announced on the 8th of May 2012, the government announced in the budged that for the 2012-13 financial year and onwards, the medical expense offset will now be means tested. We have described below the changes to the medical expense tax offset as well as provided 2 examples of a builder with income less than …continue reading the story.
2013 Mature Age Worker Tax Offset Changes
Thursday, February 14th, 2013, Latest News
View Larger Map The mature age worker tax offset of $500 that is for those over years of age and earning under $63,000 has been changed. For the 2012-13 year and onwards, you must have been born before 1st July 1957 to gain access to the offset. The offset phases in at 5% until the …continue reading the story.
Accountant in Camberwell Saves on Write-Offs
Thursday, February 14th, 2013, Latest News
View Larger Map Accountant in Camberwell Saves on Small Business Asset Write-Off From the 1st of July 2012 the small business entity instant write-off has been increased from $1000 to $6500 excluding GST. The general small business depreciation pool and the long life pool have been merged together into one pool to be written off …continue reading the story.
Malvern Accountant Offers Advice About When To Register For GST
Tuesday, January 15th, 2013, Accounting Help
View Larger Map When to Register for GST If you run a business or other enterprise in Malvern or Malvern East and your turnover is $75,000 or more you will need to register for GST (the old threshold was $50,000). You need to register, not only if your business exceeds the threshold in a given …continue reading the story.
3 Accounting Steps To Take In Your Ad Agency To Avoid Taxation Troubles
Tuesday, January 15th, 2013, Tax accounting
Although not the sexiest of topics, avoiding taxation trouble in your advertising agency should be on your priority list. Businesses grow in the same fashion as a spider web. Each section is added one at a time to form a circle, and then each section is expanded on again to form a greater one. If …continue reading the story.
