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Posts by theaccountant

Closed for Christmas

Our office will be closed from lunchtime Wednesday the 22nd of December, we will reopen at 9am Thursday 13th of January. We would like to take this opportunity to wish all our clients a very merry Christmas and a safe New Year.

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July 15 2021 Lockdown

Due to the current restrictions in Victoria because of COVID 19 we have had to close the office, hopefully we will be back in the office as of Wednesday 28th of July.  Tanya and Nicole will be working from home during this time. If you need to contact us you can either call us on…

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Change of Hours Coronavirus

Due to the Coronavirus we have decided to reduce our office hours until Easter.   Our office hours will be Monday, Wednesday and Friday 9am to 1pm. Tuesday and Thursdays are 1pm to 5pm. Tanya and Nicole are working from home so work is still being done. Tanya can be contacted on the office mobile…

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$30,000 instant asset write-off

Looking at purchasing assets for your business? The instant asset write-off threshold has been increased to $30,000. If you purchase a new or secondhand asset costing less than $30,000 and it is used or installed ready for use from 7:30pm AEDT on 2 April 2019, you can claim a deduction for the business portion. Different thresholds apply…

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Single Touch Payroll commencing for Small Employers on July 1 2019

As you may be aware the Australian Taxation Office is introducing Single Touch Payroll (STP) for small employers commencing 1 July 2019. Depending on your situation there are options available. Ask your Tax Agent to report for you If you have 1-4 employees and limited digital capability you may eligible to report quarterly through your…

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Fuel tax credit rates have increased

Fuel tax credit rates increased on the 4th of February 2019 in line with fuel excise indexation. If you claim less than $10,000 in fuel tax credits per year, next time you calculate your claim just use the rate that applies at the end of that BAS period. Check out the updated rates – business.

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Single Touch Payroll

Federal Parliament has passed legislation announcing all businesses with 19 or fewer employees will now have to report under the Single Touch Payroll system by 1 July 2019. Businesses with 20 or more employees came under reporting requirements in July 2018. This new legislation will make it mandatory for all Australian small businesses to send…

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