Blog
What I need for my tax return
Below is a short list that will help you prepare what you need to bring with you to get your tax return prepared. PAYG Payment Summaries Details of any Allowances Received Newstart / Youth Allowance Statements Interest Income Details Dividend Statements Managed Funds Annual Statements Rental Property Annual Summaries Rental property deductions Details of any...
Medicare Levy Surcharge
We are all aware of the Medicare Levy and the extra surcharge that you may have to pay should you not have private health insurance. But you may not be aware that from 01 July 2012 the Medicare Levy Surcharge will not be means tests and will be charged as a percentage of your taxable...
Marketing & Sale
As accountants we often get asked on how much we should spend on the marketing of our business. It would be nice to answer it with the general consensus of just 10% of sales, but I no longer consider that to be relevant. It now needs to be more tailored to that specific business. With...
Financial Health Check
Do your Financial Health Check. What does it mean to do your Financial Health Check and what should you be looking at? Check and review your financial information. Review your bank statements, review your profit & loss, review your debts, review your current debtors and general situation When looking at your financial statements, you need...
The mad month of June
Why does it feel like everyone leaves everything till June? I mean we have 12 months to plan for June, yet it seems that everyone still keeps putting it off. I have always wondered if everyone feels like it is better if they don’t deal with it? They have the belief that ‘she’ll be right’....
