One of the biggest misconceptions about accountants is that we are only busy at tax time. The truth is we are busy year round. We can actually provide a lot of value to businesses if they see us more regularly and we can start to understand the flows on money through their business. In this blog we have some articles about some of the issues that people ask us about regularly, not just in professional settings but also at parties! Accountants are really interesting people, and we see and hear about a lot of different types and styles of businesses so we have a lot of experience to draw on.
Posted on: 19 May 2015
If you work from home at all, you might be wondering what you can claim when submitting your next tax return. Whether you work from home for your own business or as an employee, full-time or part-time, you should be able to claim some expenses. Knowing what exactly is claimable can be tricky; a tax consultant can help you wade through the finer details. In the meanwhile, here are some broad guidelines. [Read More]
Posted on: 27 April 2015
Has anyone ever had a good time while doing their taxes? You probably thought you had kissed those complicated numerical exercises goodbye when you finished your last maths class at school. But no—at the end of each and every financial year you find yourself either filling in one of those manual tax return forms you get from the Post Office, or maybe using that somewhat annoying online lodgement service. Sure, it's free to use either of these methods, and while you eventually get the darn thing finished, it's never as straightforward as you were hoping. [Read More]
Posted on: 8 April 2015
Come tax season, many individuals and business owners hire tax accountant to do the tax filing on their behalf. One reason for this is so as to ensure that the filings are made correctly and that you do not get into trouble with the government about wrong filings, tax debt of late filings. However, another reason you should hire a tax accountant is so as to ensure you receive maximum tax refunds where applicable. [Read More]
Posted on: 6 April 2015
Getting divorced can be hard emotionally and financially, and when tax time rolls around, your divorce may complicate your taxes. Wondering how your divorce may affect your taxes? Take a look at these four elements: 1. Claiming the Family Tax Benefit The Family Tax Benefit is a cash, income-based benefit that helps with the cost of raising children. In order to claim this benefit, your child must be living with you at least 35 percent of the time. [Read More]