Tax Archives - AdviceCo.

AdviceCo acquires Harwoods Chartered Accountants

Wed, 12 Jun 2024 00:22:10 +0000

AdviceCo is excited to announce the successful acquisition of Erina based Accounting firm, Harwoods Chartered Accountants!

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It’s time to update your SMSF Trust Deed to remain compliant and benefit from new legislative opportunities!

Tue, 14 May 2024 06:53:47 +0000

You may be aware of recent changes to that impose new obligations on SMSF Trustees that will need to be complied with by all Funds each quarter.

There are also extensive changes that have been proposed/flagged that will impact many SMSF’s, and what they are required to report to the ATO.

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Federal Budget Wrap 2023-24

Wed, 10 May 2023 11:06:52 +0000

Treasurer, Jim Chalmers, delivered the 2023-24 Federal Budget last night, where the Government has outlined a raft of measures which aim to strike a “considered, methodical balance” between fiscal restraint and supporting Australians through the current difficult times. The Government has announced a small surplus of $4.2 billion this financial year, the first in 15…

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Accounting Bank Feeds – Problems, causes and solutions

Fri, 28 Apr 2023 03:45:09 +0000

For many businesses, using bank feeds to automatically import transactions into their accounting software has become a convenient and time-saving solution.

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Proposed super tax changes

Tue, 07 Mar 2023 03:56:42 +0000

Article by IOOF

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Small business technology investment boost

Tue, 07 Mar 2023 00:44:42 +0000

Small businesses that incur expenditure relating to an adoption towards becoming a digital business will be entitled to a bonus tax deduction.

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NSW Government helping their own workers with the ever out of reach property market

Wed, 15 Feb 2023 03:21:12 +0000

People living in New South Wales are facing a big challenge in owning their first home. Knowing that a large deposit is needed can be daunting and in the long run opt out of buying.

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How to eliminate FBT on your company car

Fri, 13 Jan 2023 04:04:30 +0000

How to eliminate FBT on your company car? Are you sick of paying as much as $9,000 fringe benefits tax (FBT) on your company car each year? There is a solution. The Government is exempting FBT on all electric cars and plug in hybrids, purchased after 1st July 2022. The purchase price must be less…

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Overwhelming: Taxes about to increase as cost of living gets tighter

Mon, 10 Oct 2022 09:52:18 +0000

Federal Treasurer, Jim Chalmers has indicated that some tax and revenue measures may need to be adjusted (aka increased) in the next annual Federal Budget in May 2023, or as soon as 25 October when a mini budget is scheduled to be presented to Parliament. With interest rates and everyday expenses also rising, it’s important…

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Urgent message to business owners: ATO unrelenting in tax debt recovery – DPNs on the rise

Tue, 20 Sep 2022 03:57:00 +0000

The ATO is on a mission to recover unpaid taxes and directors are being held personally liable. The stakes are high, and business owners MUST seek the help of their accountant to navigate this murky water. Tens of thousands of warning letters are issued by the ATO each month to directors of companies with outstanding…

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