The Benefits of Hiring an Accountant

Is a Property Windfall Subject to CGT?

14 May 2019
 Categories: , Blog

Every now and again, life will present you with a nice surprise out of the blue in the form of a windfall. This may be money left to you in a will or testament, a win from the National Lottery or some other unexpected benefit. Sometimes, the surprise will come in the form of property, and while it may be tempting to spend the value of this windfall in your mind and make hasty plans to take advantage of your good fortune, you also have to consider any obligations associated with the event. Read More …

As an Expat, Are You Sure You’re Ready to Move Back to Oz?

27 September 2018
 Categories: , Blog

Have you spent some years working overseas, as you enjoyed a different way of life with your family? Many Australians have been down this road before you, perhaps because their job asked them to do so or they simply fancied a change of scenery with some tax benefits tagged on. Yet, all good things come to an end as the saying goes, and you may be planning to return to Australia to start another phase of your life. Read More …

3 Things to Know about Starting a Virtual Accounting Business

14 May 2018
 Categories: , Blog

As an accountant and bookkeeper, you may consider going virtual with your business. The problem for many accountants, is trying to figure out what they need to know about starting a virtual accounting business and what steps to take. Here are three things to know about starting a virtual accounting business and what you need to know about each aspect. Multiple Clients One of the first things to know about being a virtual accountant is your ability to take on multiple clients. Read More …

How to Minimize Your Risk of Being Audited

26 December 2017
 Categories: , Blog

For small and large business owners in Australia, the Australian tax office tends to keep a closer eye on their financial activities and reporting practices. Businesses work with more complex tax laws and they also tend to have more loopholes available to exploit. As a result, any anomalies that are suspected by the Australian Tax Office may lead to an audit of your business and personal finances. Tax preparation services can enable you to prepare all your financial documents and reduce the risk of an audit. Read More …

Strategies for Reducing Your Tax Burden

25 October 2017
 Categories: , Blog

Australian tax laws can be complicated to understand. You can therefore find yourself paying hefty taxes and getting a minimal return during tax season. However, if you implement the right tax planning strategies, you can navigate the tax code and minimise your burden. This can enable you to have a little more money in your pocket and enjoy a larger return during tax season. There are several strategies you can implement to reduce your tax burden. Read More …