If you have received payments from Services Australia due to the lockdown, there is good news for you! With Australian states re-entering the lockdown, some individuals will be required to lodge an amendment, if they have already completed their tax return for 2020-21. The Covid-19 disaster payment receivers will be able to take home more money, under … Read more
Juggling on a daily basis to manage your finances? Do you really plan your expenses well to balance your personal and financial aspects of the business? Are you drawing funds from your business randomly? If you have answered YES to even one of the questions. You know you are not managing it well. If your … Read more
As accountants, we support individuals & businesses to comply timely with their tax obligations and help our clients save money. However, what is the safest bet for businesses? Is it the Australian Taxation Office (ATO) adapting to “Work from home” changes? Or resolving challenges arising from inconsistencies in recognising income from your books? Bookkeeping is one of … Read more
Seeking control over your retirement investment? A self–managed super fund can indeed be an attractive option. However, SMSF is a major responsibility. You get it wrong, you may end up with strong financial impacts. We spoke to our most experienced accountants and created a short guide for you to understand if self-managed super fund is the right … Read more
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