Melbourne Accountant Archives - Page 2 of 3

How Melbourne Accountants Drive Prosperity for Primary Producers

Accountant, Financial Planning / By admin

In the heart of Melbourne, a city bustling with innovation and entrepreneurial spirit, lies a vital component of Australia’s economic backbone: primary producers. These individuals or businesses play a crucial role in supplying food, materials, and resources to both local and global markets. However, navigating the financial landscape can be challenging for primary producers, given …

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How Business Accountant Help Law Industries

Accountant, Business Tax, Small Business Accountant / By admin

In the ever-evolving landscape of the legal profession, law firms and practitioners are faced with a myriad of challenges, from navigating complex regulations to managing financial intricacies. While attorneys focus on delivering exceptional legal services to their clients, the role of a business accountant becomes increasingly vital in ensuring the financial health and success of …

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How to take advantage of the 1 July Super Cap Increase

Accountant, Business Tax, Newsletter, tax / By admin

From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change. The amount you can contribute to superannuation will increase on 1 July 2024 from $27,500 to $30,000 for concessional super contributions and from $110,000 to $120,000 for non-concessional contributions. The contribution caps …

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The ATO Debt Dilemma

Accountant, Business Tax, Newsletter, tax / By admin

Late last year, thousands of taxpayers and their agents were advised by the Australian Taxation Office (ATO) that they had an outstanding historical tax debt. The only problem was, many had no idea that the tax debt existed. The ATO can only release a taxpayer from a tax debt in limited situations (e.g., where payment …

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The Fringe Benefit Tax traps

Accountant, tax / By admin

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention. Electric vehicles causing sparks In late 2022, the Government introduced a concession that enables employers to provide some electric vehicles to employees without incurring the 47% fringe benefits tax (FBT) on private use. …

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6 Reasons Why Your Business Costing Is Wrong

Accountant, Financial Planning / By admin

In the dynamic world of business, accurate financial management is crucial for long-term success. One of the key aspects often overlooked is business costing. If you’ve been scratching your head wondering why your business costing isn’t adding up, it might be time to turn your attention to the expertise of an accountant, especially in a …

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How an Accountant Can Boost Your Online Business

Accountant, Small Business Accountant / By admin

In the fast-paced world of e-commerce, success depends not only on the quality of your products or services but also on the efficiency of your financial management. One key player in this game is an accountant, and when it comes to maximizing your e-commerce store’s potential, having an accountant in Melbourne can make all the …

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How To Reach Your Business Goals this 2024

Accountant, Financial Planning / By admin

As the calendar turns another page, businesses worldwide are gearing up for new challenges and opportunities in 2024. Setting ambitious goals is the first step towards success, but the journey requires a well-crafted plan and strategic guidance. In this blog, we will explore actionable steps to help you reach your business goals in 2024, with …

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Guide in Finding the Perfect Small Business Accountant

Accountant, Small Business Accountant / By admin

Happy 1-year birthday to our readers! To celebrate this milestone, we’re diving into a topic crucial for the success of small businesses—finding the right accountant. As the backbone of your financial stability, a skilled small business accountant can make all the difference in steering your venture towards prosperity. In this blog post, we’ll explore the …

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Business Accountant: Guide to Year-to-Year Financial Success”

Accountant, Budgeting / By admin

As the calendar turns, businesses embark on a new financial journey, and for business accountants, this marks a pivotal time to chart a course for success. In this blog, we’ll explore the strategic approaches that business accountants take when navigating the intricacies of year-to-year financial management. From reflective analyses to proactive planning, discover the key …

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