• 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 […]
  • smart-debt
    When Should You Use Debt?
    Source: NestEgg Despite record-low interest rates and changes to credit regulation making it easier for consumers to get a loan, a wealth educator has urged Australians to keep their debt low in order to build wealth. In a conversation with nestegg, Minnik Chartered Accountants director and wealth educator Leah Oliver […]
  • tax-avoidance
    ATO Data Reveals Tax Avoidance Red Flags
    Source: Accountants Daily The ATO has released its first annual report on Common Reporting Standard (CRS) statistics, which contains information on Australian financial accounts held by foreign tax residents as at 31 December 2018. Under the CRS, banks and other financial institutions pass on financial account information on non-residents to the […]
  • payroll-tax
    NSW Announces Payroll Tax Relief for New Jobs
    Source: Accountants Daily NSW Premier Gladys Berejiklian believes the Jobs Plus Program will create or support up to 25,000 jobs to 30 June 2022 by incentivising companies to relocate their head offices to NSW or expand their jobs footprint in the state. A key feature of the program will see […]
17 November 2014

How to Prepare Financial Statements: Essential Requirements

At the end of certain specific period you would need to close the books of accounts with the assistance of a Melbourne accountant. While preparing a financial statement, must keep in mind that it is a document that contains information about financial health of your business or profession. So, must […]
18 December 2013

Payroll Accounting Tips Every Business Owner Should Know

Whether you are running a small business or a large corporation, the preparation of payroll accounting can be quite a pain and best left to a Melbourne accountant. Aside from ensuring every employee is properly compensated, one of the major challenges of payroll Melbourne accountant or a Melbourne accounting firm […]
16 December 2013

What Is Forensic Accounting?

What Does A forensic Melbourne Accountant Do? Every once in a while, the services of a Melbourne accounting specialising in forensics is needed, even by small business owners. You will basically need to work with expert Melbourne accountant to analyse, interpret, summarise as well as present complex business and financial […]
17 November 2013

Should You Outsource Your Accounting Services?

For small businesses, outsourcing Melbourne accounting services is widely viewed as a cost-effective solution, especially for small operations that do not actually require a full time and in house chartered accountant. For years, outsourcing has greatly helped many companies, even established ones from cutting down their overhead costs and keeps […]
Book Consultation