• jobmaker
    JobMaker Hiring Credits: What We Know So Far
    We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change. More details should be available soon and we’ll […]
  • tax loss
    Refunds for Tax Losses
    If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.  In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously […]
  • investment
    Tax Deductions for Investing in Your Business
    Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use. This means that […]
  • system-outage
    ATO Extends JobKeeper Monthly Declaration After System Downtime
    Despite the business monthly declaration for October JobKeeper payments due on 14 November, the ATO had scheduled its system maintenance for online services for agents over the weekend, effectively affecting access over both days. As such, the ATO has now confirmed it will continue to accept and process late declarations. […]
  • best-worst-smsfs
    3 Best and Worst Super Funds Revealed
    Source: NestEgg Stockspots 2020 Fat Cat Funds report has stated that poor performance is largely due to higher fees, with CEO Chris Brycki highlighting to consumers they would be $200,000 better off if they are in a fund charging less than 1 per cent instead of paying 2 per cent. “One […]
  • Australian Tax Office
    ATO Flags Key Early Access to Super Dates
    In an online update, the ATO said that ATO offices will generally be closed from midday of 24 December 2020 to the start of business on 4 January 2021. The last fund files prior to Christmas will be sent on 24 December 2020 – this will include all approvals up […]
12 March 2014

The Future Of Accounting In The Clouds

More and more Melbourne accounting firms are adapting cloud computing solutions. Its popularity is not mainly due to the lower costs but more importantly for its near limitless growth opportunities. Understanding Cloud Accounting Are you looking for a Melbourne accountant who stays on top of the latest technological advancement? You […]
7 January 2014

Benefits Of Cloud Accounting

There have been much talk and buzz circulating about cloud accounting and a growing number of Melbourne accountants and Melbourne accounting firms have made the shift. But is it really worth transitioning over or is it just another passing trend? In this article, we will explore the benefits of cloud […]
26 November 2013

Integrating IT Into Your Small Business Accounting

Work With IT Savvy Melbourne Accounting Firm Do you know any business owner who claims he/she enjoys accounting and bookkeeping work? Chances are, you will not be able to find any. In general, accounting work requires the expertise of chartered accountants Australia and is basically viewed as a painstaking task […]
24 October 2013

Why Ask Your Melbourne Accountant About Cloud Accounting?

According to tax experts and Melbourne Accountant, sole traders and small business owners can greatly benefit from could accounting software systems especially in managing their finances and focusing on sustainable growth. It is for this reason that modern businesses these days should hire a Melbourne accountant who is technologically savvy […]
Book Consultation