Covid-19 Disaster Payment in Australia is now Tax-free!

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

Can Bookkeeping improve your business’s financial situation?

bookkeeping services melbourne

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

If self-managed super fund (SMSF) is right for you?

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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