Managing the rental property can be complex for individuals or businesses. From the taxation point of view if you have multiple rental properties it can be even complex. If you have maintained the complete records of income and expenses with all receipts you will save a lot of time and effort at the end of the financial year. What […]
Are you looking to start a new business in Sydney? Starting a new business can be exciting at the same time challenging. For most of the start up financial management, GST, BAS statements are whole new world. That is why we want to help make this journey of setting up and running your business easy. […..]
Are you running small business? Is your business home based or SOHO? Are you trying to cut the bookkeeper cost doing your own bookkeeping? If answer to these questions is yes, then be prepared to learn about bookkeeping before you start it. Keeping the proper records of transactions avoid the expenses of hiring someone else to[…..]
Are you looking to make a donation to charity? Some donations to charity can be claimed as tax deductions on your individual tax return each year. Donations can reduce an individual’s taxable income and money donated in June can result in money back in July. How to check if donation is tax deductible? A donation is[…..]
Selecting the right bookkeeping software for your small business is essential. This is true whether you manage your bookkeeping in-house or outsource this function; your bookkeeping software should provide you with easy access to critical financial management information. Among other things, this information needs to allow you to closely monitor cash flow and thusmake better[…..]
Do you drive for Uber or any other ridesharing company? Are you thinking to drive for uber? Well, driving for uber is a great way to earn extra income on the top of what you are already doing. But, do you know what are the tax implications for the uber driver? You can’t keep all[…..]
If you are an international student in Australia and working part-time you could be eligible to claim a tax refund. Because there is high chance that you’re earning under the tax-free threshold which is $18,200. Overseas students who has enrolled in a course that is more than six months long at an Australian institutions are[…..]
Most people are getting Good Tax refunds this year with the up to $1080. Our software will calculate exactly how much of the $1080 you will recieve along with your tax refund 2019. But a common question asked is as to what is the eligibility of the the $1080 Tax break 2019 and who would[…..]
1. Individuals can claim up to $300 worth of expenses without receipts with diary evidence as long as they are work related and have been bought. ATO conditions apply. 2. For sole traders and other small business entities the $20000 SMEs tax write off has been increased to $30000 for 2018-2019 financial year. It will be claimed for[…..]
Are running business in Kogarah? Are you not happy with the accounting services received from your current accountant? Contact Accurate Business and Accounting services for free consultation today. Would you like a free business health check from accounting perspective? We can help you assess your current business activities and business potential whether you are self[…..]