accountant trusted advisor

How to get the most from your relationship with your accountant

The best accountants add value to your business, all for an affordable cost that you can control. Growing businesses rapidly find they need the services of an accountant in order to help them manage the finances of their business. But which…
Digital grant for Qld small businesses

Digital grant of $10,000 available for small Queensland businesses

If you’re a small business in Queensland, you could be eligible to apply for the Queensland Government digital grant. The grant matches your own investment in digital technology, up to a total value of $10,000. Who is eligible? Any Queensland…
safeguard your family wealth

How to safeguard your family wealth

Family wealth can take a lifetime to accrue, but can also disappear in an instant through poorly considered generosity. This 3 minute read may be one of the most important articles you have ever read! Many parents and grandparents are…
US election - how will it impact you financially?

US Presidential Election 2016 – How does it affect you financially?

After eleven months of campaigning, the US has now voted and elected its 45th President, Donald Trump. The election of Donald Trump to the presidency creates a great deal of uncertainty over both the economic and policy outlook for the US. In…

ATO Tax & Government Audit Protection and Insurance

A random ATO audit can stop you in your tracks even if you’re in the clear.  It’s not a matter of if you will be audited, but when. Are you protected? Random government audits, reviews and investigations are increasing in scope every…
Man searching for money: Keep track of your money with Xero Cashbook

Ever wondered where your money goes? Try Xero Cashbook

Many people have no idea exactly what they spend their hard earned cash on.  Xero now provides you with a simple solution – Xero Cashbook.  Xero is not only a wonderful program for business; it is a great way to put you back in control of…
Small business blog: man thinking about what to write

What should small business owners blog about?

Have you ever sat in front of your computer or a piece of paper, trying desperately to come up with an idea for your business blog? You’re not alone: while most business owners with a website have been told they should blog, when it comes…
non-concessional-super-contribution-cap-scrapped

Proposed $500,000 Non-concessional Superannuation Cap Gone!

The 2016/17 budget proposed a new lifetime cap on non-concessional (after tax) Superannuation contributions of $500,000. In other words, people could only ever put $500,000 worth of post-tax funds into their Superannuation fund during the…
Superstream compliant deadline October 2016

Final SuperStream deadline 28 October 2016

The deadline was extended, but the time is now almost upon us: the final deadline for employers to be SuperStream compliant is 28 October 2016 (SMSFs should already have been compliant before now). As of this date, all employers should send…
New tax tables October 2016

What do the new tax tables mean for you?

The Australian Tax Office (ATO) have released new tax tables that took effect on 1 October 2016. Whether you pay wages or receive a regular wage, here are some tips to help you adjust to the changes. It’s been a turbulent few months behind…
Brisbane Business Accountant - house or unit depreciation deduction

Which type of rental property offers better depreciation deductions: houses or units?

If you’re thinking about investing in property, a common question during the pre-purchase stage is whether you’ll receive better depreciation deductions for a house or a unit. When calculating depreciation deductions for a property, a…
Brisbane Business Accountant - Stress free monthly subscription

New! Simplify your fees with monthly subscription pricing

Many of our clients have asked recently about paying a fixed monthly price for their ongoing services with us. And given the current economic climate, it's becoming a more and more popular option. It allows you to budget more effectively…
Brisbane Business Accountant - Children - how to help financially

How to help your children (and grandchildren) financially

There are many ways you can help your children and grandchildren financially. Here's a few simple ways to help with home deposits and retirement funds. For parents Tip 1: How to give your child a start with his or her home deposit Step 1: On…
Brisbane Business Accountant Investor behaviour: man on a tightrope

Are investors their own worst enemy?

US financial services market research firm DALBAR Inc has released its annual report that looks at the returns generated by the US stock market index (S&P 500) versus the returns from investors in Mutual Funds and why there is such a difference. Note:…
Brisbane Business Accountant - home office expenses

Claiming home office expenses in your 2016 tax return

Many people aren’t aware that they can claim home office expenses.  Whether you’re self-employed, a business owner or an employee - do you perform some of your work from home? If you do, here is a quick summary of the tax rules, and what…
Brisbane Business Accountant - paying money

$900 Gift - PAYG Summaries Annual Reporting due dates - 2016

The ATO is looking forward to your $900 gift this this year.  Read on to find out more. If you have employees, by now you should have completed your PAYG Summaries and issued them to your staff members. The deadline for this was 14 July. The…
Brisbane Business Accountant - Construction site at sunset

Building & Construction Industry: Taxable Payments Report due 28 August

If you're in the building and construction industry and pay certain subcontractors for building and construction services, you'll need to submit an annual taxable payments report. If your business meets the criteria, you'll need to lodge…
Brisbane Business Accountant - Couple considering property development

Is property development really an easy way to make a profit?

There seems to be a rising trend amongst our clients, and Australians in general:  everyone wants to get involved in property development.   I can understand this.  Australians love property.  Most people can relate to property as an investment…
London underground mind the gap sign BREXIT

How does the BREXIT market fall impact your Super and other investments?

By Ian Chester-Master, CFP®, FFPA The doom and gloom of the BREXIT market fall is heading all of the news cycles at the moment. But what does it really mean for your Superannuation balance and other investments? Inevitably, when…
Brisbane Business Accountant - October calendar new superstream deadline

Stop Press! The ATO extends the deadline for SuperStream

In a welcome fit of flexibility, the Australian Taxation Office has allowed an extension for small businesses to adopt SuperStream. They've extended the deadline from 30 June 2016 to 28 October 2016. According to the ATO, nearly half a million…