September – 2016 Practice Update

September – 2016 Practice Update covers following points
  • Pre-retirees: Avoid 'too good to be true' tax schemes
  • ATO assistance with the pending $500,000 lifetime super cap
  • Deductibility of gifts provided to clients
  • Deductibility of airport lounge memberships
  • Phoenix Taskforce swoops on dodgy businesses
  • ATO exposes dodgy deductions
Click here for – September – 2016 Practice Update...

Why Pay for Bookkeeping Services?

Hiring a bookkeeper is one of those things that every good businessman does. This is not because he has a lot of income at his disposal, but because he knows to play his steps right. And the most important truth is, you can hire a professional and spend money behind them, or you can choose to undertake all the activities yourself and end up taking a risk larger than your business itself. A bookkeeper is ideally your best friend in the business, a reliable one at least. When you choose to do the bookkeeping yourself, you are not only involving your intellect into something that is not adding profit, but you are emotionally entangled in the whole process of evaluating your business. A bookkeeper does this job in the most clinical and detached manner and that...

What Makes an Accountant Reliable?

Melbourne and the other cities of Australia are not short on options when it comes to accountants, you could find one that is at a walkable distance from home, or you could find one that charges you peanuts. However, decisions based on such mundane conveniences do not even begin to offer the benefits a qualified, experienced and work loving accountant can offer over an extended period of time. There are multiple mobile and desktop applications available to help you to do your book keeping by yourself, to help calculate your debts or analyse investment options. So why do you need an accountant? And how do you know where to look?
  • - Numbers are important, but it doesn’t end there
  • Every accountant is expected to be good with numbers, but this should not be the deciding factor. It’s an...
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