Accounting tips

Minimum Wage from Financial year 2024

Malmi 26 July 2024 No Comments

🌟 Keeping Up with Fair Wages in Australia 🌟 As we step into 2024 Financial Year, it’s essential to recognize Australia’s commitment to ensuring fair compensation through its updated minimum wage rate. 📊 The Update: Effective from ...

23/24 Tax Hotspots

Malmi 27 June 2024 No Comments

To use the home office set rate of 67 cents per hour you must have full diary records of hours done. An estimate is not acceptable Work-related expenses for support workers and careers as well as ...

Elevate Your Financial Landscape with Our Bookkeeping Services!

Malmi 15 April 2024 No Comments

Imagine a world where your financial records seamlessly align, where clarity and accuracy reign supreme, and where you effortlessly make informed decisions that propel your business forward. That world is within reach with our specialized bookkeeping services! ...

Tax Cuts 2024

Malmi 19 March 2024 No Comments

In a move to alleviate the financial strain on Australian households, the government has unveiled a comprehensive tax cut plan slated to take effect from 1st July 2024. With a focus on providing much-needed relief to ...

What is SMSF?

Malmi 16 February 2024 No Comments

Self-Managed Superannuation Fund is a type of superannuation fund in Australia that is managed by the members themselves, rather than by a professional fund manager. SMSFs can have up to four members, who also act as trustees ...

Late Lodgments Penalized by ATO

Malmi 31 January 2024 No Comments

The ATO has signaled their intent to penalize last lodgment of Bas and tax returns very heavily. In the hope of recouping funds provided during Covid they are looking to recoup in a big way. We have ...