The Essential Role of Accountants in Tax Minimisation and Financial Reassurance

20 June

Navigating the complexities of tax obligations can be daunting for both individuals and business owners. With ever-changing tax laws, intricate regulations, and the constant risk of errors and penalties, managing taxes effectively requires more than...[Read More]

Essential Components for Crafting an Effective Business Plan

20 June

Creating a business plan is a crucial step for any entrepreneur or business owner. It serves as a roadmap, guiding the business from its initial stages through growth and development.    A well-crafted business plan not only helps in securing...[Read More]

Small Business – Get ready for tax time

20 June

Are you ready for tax time?   This might be your last chance to make any tax-deductible purchases before this financial year ends on 30 June. See if there are any tax-deductible items your business needs, or any concessions you can...[Read More]

Office Closures

14 June

Dear Clients, Please note that the Woy Woy offices are now closed and that I am now only working remotely. I can still be contacted on my mobile and email and I am providing accounting and taxation services to existing customers. Mailing address is...[Read More]

Navigating the Complexities of Custody Disputes

13 June

The longstanding myth that fathers have slim chances of securing primary custody is being progressively dismantled.    Historically, mothers were often presumed to be the custodial parents. However, recent shifts in societal attitudes and legal...[Read More]

Overview about business record-keeping requirements so you meet your tax, superannuation and registration obligations.

13 June

You are legally required to keep records of all transactions relating to your tax, superannuation and registration affairs as you start, run, sell, change or close your business. This includes: any documents related to your business’s income and...[Read More]

Reasons to hire a bookkeeper

6 June

 Did you ever hire a bookkeeper to help you keep track of your expenses and tax obligations? If not, find out why now may be the best time to do so.   Bookkeeping is an essential component of any organisation. To focus on other tasks, such as...[Read More]

Buy now, pay later laws introduced to shield vulnerable

5 June

It will be harder for vulnerable Australians to access buy now, pay later credit schemes thanks to legislation introduced in federal parliament. The law will create stronger protections for those using credit lenders by making sure adequate user...[Read More]

Actors, writers, voice artists call for urgent AI laws

5 June

Artificial intelligence technology could be used to mislead Australians and steal creative work from artists and writers, a union has warned, while calling for laws to prevent its misuse. The Media, Entertainment and Arts Alliance issued the call on...[Read More]

Essential End-of-Year Tax Tips: Maximise Your Savings for Businesses and Individuals

30 May

The financial year is drawing to a close, which means tax time is just around the corner! To help you get ready for the new financial year, we’ve compiled a comprehensive list of practical tips and advice for this period.    Whether you’re a...[Read More]

Top 10 tips for developing a business exit strategy: Business Succession and Estate Planning

30 May

Given all the hard work that building up a business takes, it can be hard to say goodbye – so it’s important to do it right.    Developing an exit strategy well in advance allows you to have control over your small business’s future while...[Read More]

Federal appeals tribunal gets legal overhaul, new name

29 May

Thousands of people who have cases before the federal appeals tribunal will soon have their decisions reviewed faster. Laws overhauling the Administrative Appeals Tribunal passed federal parliament on Tuesday, paving the way for cases to be...[Read More]

Maximising tax savings: Top 10 End of Financial Year tips and the value of professional advice

23 May

The end of the financial year (EOFY) is a critical period for individuals and businesses alike. Proper planning and organisation can lead to significant tax savings and ensure compliance with tax laws.    Here are ten essential EOFY tax tips and...[Read More]

Separation and divorce are fairly simple legal processes

23 May

No matter how sincere and pure people’s intentions are when they utter their marriage vows and say ‘I do’, there comes a time in some marriages when the relationship irretrievably breaks down. In such cases, separation is usually inevitable...[Read More]

Changes are coming for trust tax returns

23 May

From 1 July, there’ll be changes to the way you report and submit trust tax returns. Income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) will come into effect on 1 July for small business owners who are...[Read More]