Accounting tips

In the dynamic landscape of small businesses, staying ahead of the curve by embracing cutting-edge technology is paramount to ensuring your long-term success. We are thrilled to unveil two remarkable programs aimed at boosting the growth and ...

  Small businesses should know the changes from 1st July.  Instant Asset write-off: The Australian government announced that small businesses will able to immediately deduct the full cost of eligible assets costing less than $20,000. The $20,000 ...

                             Prior to 1 July 2022, Australian taxpayers had three methods to calculate deductions for expenses incurred while working from home. Shortcut method Fixed-Rate ...

    The Super Guarantee Increase July 2023 As you already must be aware, this is just a quick reminder that from 1 July 2023, the standard Superannuation Guarantee rate will increase from 10.5% to 11 %. ...

As a self-employed individual or a business owner in Australia, it’s important to understand your tax obligations, including the PAYG (Pay As You Go) instalment system. The PAYG instalment system is a way for the Australian Taxation ...

There are some of the biggest changes to consider for your STP phase 2 reporting: 𝘿𝙞𝙨𝙖𝙜𝙜𝙧𝙚𝙜𝙖𝙩𝙞𝙤𝙣 𝙤𝙛 𝙜𝙧𝙤𝙨𝙨 – By type of income, you reported different amounts in STP Phase 1, but instead of reporting a single ...