Top Parramatta Park QLD 4870 Bookkeepers
clwk9gujn000n08l45vef3ff0 Get ready for tax time 2024
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The end of the financial year is fast approaching and with that, tax time 2024 is kicking into gear. As with previous years, the ATO has flagged three primary areas where taxpayers frequently make mistakes. These consist of incorrect claims of work-related expenses, inflated rental property claims, and the omission of income from tax returns. The ATO recommends that taxpayers not lodge too early, and instead wait until the end of July or later to lodge, to avoid having their returns flagged as incorrect by the system.
clwaa0jjc001c08jr8t7fhewj Federal Budget 2024: Business Measures
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Treasurer Jim Chalmers has handed down the 2024-25 Federal Budget. The major tax-related measures concerning small to medium enterprises (SMEs) and businesses announced in the Budget include: the extension of the instant asset write-off for small businesses; changes to the foreign resident CGT rules; extension of energy relief payments to small businesses; Future Made in Australia tax incentives; extension of the BAS notification period; more funding for the ATO; the extension of existing ATO compliance programs; and funding for the new Administration Review Tribunal.
clw08opyi000c09jv4s5cdofb ASIC warns consumers to beware of cold callers
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ASIC has issued a warning to consumers to remain vigilant against high-pressure sales tactics and deceptive online advertisements used by certain cold calling operations to offer unsuitable superannuation switching advice. It has expressed particular concern about these practices, noting that individuals aged between 25 to 50 - the primary targets of these operations - are at risk of significant retirement savings depletion due to a combination of reduced super value owing to unsuitable investments, excessive fees, and/or other charges.
clvq8qzjj000b08jz3mmjeoik Navigating complexities of crypto investments: SMSFs
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The digital currency landscape continues to be treacherous terrain for Self-Managed Super Fund (SMSF) trustees, with a growing number of reports indicating significant losses due to a variety of factors, including scams, theft, and collapsed trading platforms. The ATO is urging trustees to educate themselves on the potential pitfalls of crypto investing, including the fact that many crypto assets are not classified as financial products. This means that the platforms facilitating their trade often lack regulation, increasing the risk of loss without recourse.
clvg9axsm000h08jxcdr5359z Trust reporting changes from 1 July 2024
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Trustees and beneficiaries should be aware that reporting changes as part of an ATO Trust Administration Systems project will be occurring from 1 July 2024. From the 2023-24 income year and onward, four new capital gains tax (CGT) labels have been added into the trust tax return statement of distribution which trustees will need to be aware of. In addition, a new schedule will also be introduced for all trust beneficiary types, and new data validations will be added.
clv68yqgs000b08jv5ui6cuje Old ATO debts: IGTO weighs in
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ATO’s recent actions to activate debts, some decades old, and either offsetting them against tax refunds or issuing demands to pay from taxpayers have caused considerable angst among many. In light of this, the Commonwealth Ombudsman/ACT Ombudsman, and the Inspector-General of Taxation and Taxation Ombudsman (IGTO) have jointly issued new guidelines aimed at improving how Australians are notified about government debts to ensure that the process of debt notification is handled with transparency, clarity and sensitivity towards impacted individuals.
cluw8slsx000h08l69308hcxw Get ready for FBT time
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The start of April signals the approach of FBT lodgment time. With the landscape of FBT evolving every year due to legislative amendments and administrative updates, employers need to be mindful of the changes applying for the current FBT year. For the 2023-24 FBT year, 25 May 2024 is the deadline for employers to lodge returns and pay any associated liabilities. However, employers that lodge FBT returns electronically through tax practitioners will have access to a deferred due and payment date of 25 June 2024.
clum80x99000b08l141ya58xk ATO’s use of small business benchmarks
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The small business benchmarks used by the ATO for various purposes, including identifying business which may be avoiding their tax obligations has been updated for the 2021-22 income year. The benchmarks consist of 9 broad categories covering accommodation and food; building and construction trade services; education, training, recreation and support services; health care and personal services; manufacturing; professional, scientific and technical services; retail trade; transport, postal and warehousing; and other services.
cluav397h000b08la3utk9311 Rental bond data matching program continues
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The ATO has announced that it will continue rental bond data matching to the 2025-26 income year. This program first commenced in 2005, collected data dating back to 1985 and has continued since then. According to ATO estimates, records relating to around 900,000 properties will be obtained each financial year. This data will be used to identify under-reporting or non-reporting of income in tax returns, the misapplication of CGT provisions leading to under or non-reporting in relation to sale of properties, and non-compliance with foreign investment laws.
clu28nk5y000j08l52k0lbyx7 ATO concerns over Div 7A
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Division 7A of the ITAA 1936 was originally introduced as a way to uphold the integrity of the tax system by ensuring the fair taxation of transactions between private companies and their stakeholders. As it is such a complex area, the ATO is working in partnership with tax professionals in 2024 to raise awareness of common errors and issues identified. These include keeping adequate records, properly accounting for and reporting payments as well as the use of company assets by shareholders and associates, and complying with rules around Div 7A loans.
clt88jn19001g08jr8fbug6ub SBSCH and SMSF bank account validation
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To safeguard retirement savings held in SMSFs from fraud and misconduct, the ATO is rolling out new security features. One soon to be implemented feature consists of checking for a match between an employee’s SMSF bank account details and the SMSF record when electronic payments are made via the Small Business Superannuation Clearing House (SBSCH). Where there is a mismatch, SBSCH cannot accept payments to an employee’s SMSF until the error is resolved.
clsy8d5aq000d08leehw61e23 Australia’s love affair with SMSFs continues
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Establishing a self managed superannuation fund (SMSF) offers a variety of benefits, so it is perhaps no surprise that in the latest data released by the ATO, the number of SMSFs in Australia continues to grow as more people seek to take advantage of control and flexibility offered. However, taxpayers seeking to establish SMSFs should also be aware of the challenges and considerations that can significantly impact these funds’ suitability for individual retirement planning, such as the complexity and responsibilities involved.
clso8fkfq000b08l6dqdoehkz FBT electric vehicle home charging rate
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With the rise in businesses purchasing EVs for the use of their employees, the ATO has finalised its guidelines setting out the methodology for calculating the cost of electricity when an eligible electric vehicle is charged at an employee’s or an individual’s home. The rate of 4.20 cents per km has been listed as the appropriate figure and will apply from 1 April 2022 and later FBT years. To use this rate, employers will need to keep a record of the distance travelled by car and a valid logbook must be maintained if the operating cost method is used.
clse7g7dw001o08jz0a8j7ows Tackling offshore tax evasion
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With the revelation that an increasing number of ordinary professional Australians are turning to establishing offshore companies as a way to decrease the amount of tax paid in Australia, the ATO has warned against the move and is using the many tools available to it to tackle the problem before it becomes established. This includes using advance data analytics to identify and cross-reference information from various sources, actively participating in the exchange of tax information with various countries and gathering information through multi-agency taskforces.
cls47y7or000b08ju9hcagvik Stage 3 tax cuts vs proposed changes
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With the government finally caving into pressure to change the stage 3 tax cuts despite previous promises to keep the already legislated measure, new proposed tax rates have been flagged to come into place from 1 July 2024 which largely benefits those earning less than $45,000. The government will now be starting a campaign to win support for these proposed changes from various senators to ensure amending legislation is introduced and passed before 1 July 2024 when the original stage 3 changes were due to apply.
clrk7xow9000f08jscdb71310 Employee vs contractors: new rules
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Following two prominent High Court decisions which dealt with the distinction between employees and independent contractors, the ATO has sought to provide guidance to businesses in the form of a Taxation Ruling. The most significant departure from its previous position is that the ATO now considers that various indicia of employment identified in case law, while relevant, should only be considered in respect of the legal rights and obligations between the parties, with the most important factor the holistic consideration of the contract between the parties.
clq676u4u000q08jx2vxp90sf ATO areas of interest for the coming year
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As 2024 approaches, the ATO has highlighted three areas of focus for businesses which will persist into the new year. These include steps to address cyber security and increased protection of personal data, addressing the growth in the collectable debt book particularly for small businesses, and improving overall tax performance and stamping out the shadow economy. The takeaway message for businesses, especially small businesses, for the coming year is to be proactive and engaged with the ATO in terms of any unpaid tax or super debts and securing their data.
clpw7a0y4000b08lb3knhdtoz Holiday homes not genuinely available for rent
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Owners of holiday homes should be aware that deductions may not be able to be claimed where a property is not genuinely available for rent. Factors that may indicate a property is not genuinely available for rent may surprise, and could include “unreasonable or stringent conditions” placed on renting out the property, such as “no children” and “no pets”. In instances where there is a short-term accommodation restriction by the State or Local government for part of the year, or where the owner uses the property for personal purposes for part of the year, expenses may have to be apportioned.
clpm74dwo000b08iff5q90p9h ATO pauses debts on hold campaign
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The ATO has apologised for the “unnecessary distress” caused to taxpayers with its recent awareness campaign around tax debts that were previously put on hold. Recently, the ATO had written to some small businesses with debts on hold greater than $50 to inform them that offsetting of debts will apply. It notes that the purpose of the letters was to ensure that taxpayers had full visibility of their existing debts with the ATO, however, it will pause the campaign to allow a review into its overall approach to debts on hold before progressing any further.
clpc6rm9l000b08l9965958hc Employer SG obligations: annual report
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In the most recent employer super guarantee compliance and obligations report from the ATO, most employers seem to be doing the right thing by their employees and complying with super guarantee obligations without intervention. This rate has remained steady from the previous year. Going forward, as a part of the government announced a package to move to “pay day” super, the ATO will have improved SG recovery targets each year which is to commence from the 2026-27 financial year.
Need an affordable bookkeeper open now? These 66 results near you are waiting for your call. Here are our top Parramatta Park Bookkeepers with reviews & ratings.
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360 Accounting Quick Info
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Accounting
Bookkeeping
Taxation
Business set-up
Software set-up
Business advice
Payroll
Reconciliations
Whole of business accountant & bookkeeping where you need us
About
360 Accounting provides accounting services for clients in the Cairns area. Our services include tax returns, bookkeeping, business compliance & advisory. We'll come to you, at your business or home.
10 Bayu Cl, Redlynch QLD
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Accountants Direct Mt Sheridan Quick Info
Profit Advisors
Individual Tax Returns
Sole Trader Tax Returns
Business Tax Returns
Services
Profit Advisors
Individual Tax Returns
Sole Trader Tax Returns
Business Tax Returns
Accounting
Bookkeeping
Crypto Tax
Expert Team of Qualified Tax Agents
Quality & Value for Money
Tax Planning
BAS Agents
Payroll
Profit Advice
Start Up Advisory
Structural Advice & ASIC Compliance
Funding
Early Stage Business Consultants
Established Business Consultants
Crowdfunding Accountants
Low Upfront Fees
Low Financial Risks
Social Media Friendly
About
Is the taxman taking more than his fair share? Perhaps you are unhappy with the service provided by your current tax accountant and confused about the ever-changing tax laws and processes. Accountants Direct offers ‘Live’ Tax Accountants at a fraction of the cost. Your tax is done personally by a real Aussie Tax Accountant on your PC, phone, or face to face at select permanent and seasonal locations Australia Wide. We care about giving you the best advice to reduce your tax bill at a simple low rate and guarantee your tax is done right every year. Use our online tax calculator to give you an estimate of your refund or tax payable, and then have the top deductions for your occupation or business emailed to you - all for free. Click to Book!
106 Barnard Drive, Mount Sheridan QLD
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Flexi Accounting Quick Info
Bookkeeping Services
Tax Returns
Accounting Services
Taxation Services
Services
Bookkeeping Services
Tax Returns
Accounting Services
BAS
GST
Tax Planning
Preparation of Income Statements
Xero Cloud Accounting
Taxation Services
Online Appointments
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Providing accounting and taxation services to Cairns and the North Queensland area.
Mount Sheridan QLD
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Overlack Accounting Group Quick Info
Tax Returns
Taxation Advice
Internal Accounting
Bookkeeping Assistance
Services
Tax Returns
Financial Statements
BAS/IAS
Year-End Tax Planning
Taxation Advice
Internal Accounting
Business Advice
Bookkeeping Assistance
Accounts - Cairns, Redlynch
GST - Cairns, Redlynch
Set Up of Accounting Software
ASIC Compliance and Maintenance of Company and Trust Registers
About
Overlack Accounting Group (OAG) - a small family business offering individuals and businesses a professional yet personalised service. We're proud Cairns locals with over 40 years combined experience in public practice accounting - Kaine and Cheryl Overlack aim to take the tax and accounting burden away from their clients. OAG is focused on creating lasting and meaningful partnerships with their clients - from those who need assistance with a new business, to established and growing businesses, to individuals who just need their tax return done. Contact OAG to see how their wealth of experience can benefit you with your tax and accounting needs.
Brinsmead QLD
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Adaptive Bookkeeping & Taxation Quick Info
Tax Returns
Financial Statements
Business Advisory
Trust & Company Establishments
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Taxation
Business Services
Tax Returns
Financial Statements
Business Advisory
Trust & Company Establishments
Instalment Activity Statements
Business Activity Statements
Payroll Services
Bookkeeping
About
Adaptive Bookkeeping & Taxation, situated in Bentley Park, is a bespoke accounting practice specialising in personalised tax and business services. With a focus on assisting individuals and small to medium-sized enterprises, Adaptive offers expert guidance to ensure compliance and meet statutory obligations. Their professional advice helps clients navigate the intricate world of finances, providing a tailored approach to ensure success. Get your accounting needs met with Adaptive Bookkeeping & Taxation.
Bentley Park QLD
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Barramandi Bookkeeping Quick Info
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Professional BAS Agent
Bookkeeping Service
About
Barramandi Bookkeeping, situated in Mount Sheridan, is an accomplished team of Bookkeepers. With a fervour for simplifying your business's bookkeeping processes, we strive to offer personal, dependable, and budget-friendly services to support business owners. Locally owned and operated, we are dedicated to ensuring your financial records are in order, leaving you free to focus on what you do best. Experience hassle-free bookkeeping with Barramandi Bookkeeping.
10 Cooma St, Mount Sheridan QLD
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Tropic Coast Bookkeeping Quick Info
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Welcome to Tropic Coast Bookkeeping, your reliable bookkeeping specialists in Bentley Park. Our team of meticulous bookkeepers is committed to providing accurate financial solutions tailored to your business needs. We offer comprehensive services, including general ledger management, payroll processing, and bank reconciliation, ensuring your financial records are in perfect order. With our attention to detail and commitment to excellence, you can trust us to handle your bookkeeping requirements effectively and efficiently. Experience peace of mind knowing that your finances are in safe hands with Tropic Coast Bookkeeping. Contact us today for a personalised consultation.
24 Allinga Cl, Bentley Park QLD
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Up Hub Quick Info
Services
Bookkeeping
Web Design
Accounting
Individual Tax Returns
Tax Planning
Payroll Processing
Accounts Receivable
Accounts Payable
Cloud Software Setup
Bookkeeping Health Check
Check & Lodge
Rental Property Schedule Preparation
Software & Bookkeeping Training
Bookkeeping Clean Up
Sole Trader Tax Returns
Capital Gains
Strategic Planning
Financial Modelling
Market Analysis
Business Valuation
Financial Forecasting
Financial Review & Audit
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At Up Hub we are a one stop shop (or Hub, as some might say) for your accounting and tax agent services, bookkeeping and BAS agent services, payroll, business advisory, budgeting and forecasting, and cashflow management. We are Xero pro advisors, Quickbooks pro advisors, Reckon partners and MYOB partners -this means we can recommend and use the best cloud based accounting software for you. We also create beautiful websites for Cairns businesses using only the best platforms to help your business get seen.
Smithfield QLD
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H&R Block Smithfield QLD Quick Info
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Individual Tax Returns
Partnership Tax Returns
Tax Returns For Share & Property Investors
Late & Multi Year Tax Returns
Amendments To Prior Year Tax Returns
US Expat Tax Returns
Second Look Assessments
ATO Audit Assistance
Under 21 & Full-Time Students Under 25 Special Offer Tax Returns
Business Services
Business Activity Statements
Bookkeeping Services
Financial Statements
ABN Registration
Company Tax Returns
Self-Managed Super Fund Tax Returns
Sole Trader & Contractor Tax Returns
Deceased Estates
Income Tax Services
BAS & GST
About
Situated in the vibrant suburb of Smithfield, QLD, H&R Block Tax Accountants is the go-to destination for all your financial needs. Nestled in the Campus Shopping Village, just off McGregor Road, our dedicated team of qualified accountants and professional staff are available year-round to assist you. Whether you prefer face-to-face meetings in our office or convenient remote options via phone, email, or drop-offs, we've got you covered. With fees starting from an incredible £169*, including special rates for under 21s and full-time students under 25 from £79, we ensure exceptional value for money. Independently owned and operated by Cairns Better Business Consultants Pty Ltd, trading as H&R Block Cairns, we guarantee a personalised and reliable service you can trust. Don't miss out on this exclusive offer! *This office is excluded from the £99 Streamline package. Choose H&R Block Tax Accountants for a stress-free financial experience that exceeds expectations.
Shop 21/5 Faculty Close, Smithfield QLD
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PS Complete Pty Ltd Quick Info
Products
Xero Silver partner
Institute of Certified Bookkeepers
Apps that integrate with Xero
Services
Registered BAS Agency
Bookkeeping Service
Xero Trainer
Small to Medium Business Support
About
PS Complete Pty Ltd, based in Yorkeys Knob, is a distinguished Bookkeeping Service & Xero Trainer. As a Registered BAS Agency and Xero Silver partner, we excel in Small to Medium Business Support across a variety of industries. Our expertise lies in assisting businesses to optimise performance by selecting Xero-compatible apps. Proud members of the Institute of Certified Bookkeepers, we offer unparalleled expertise and knowledge to our valued clientele. Experience the PS Complete difference today!
Shop 8/471/475 Varley St, Yorkeys Knob QLD
Sylvia's Mobile Bookkeeping Quick Info
Services
Cloud accounting specialist in MYOB, Xero, Quickbooks, Reckon
Online consulting, support and training via remote log in (Teamviewer)
Payroll set up and processing, including Super, Payroll Tax and PAYG
GST and BAS preparation and lodgement
Contractor Taxable Reportable Annual Payments
Accounts Payable and Receivable
Bank and credit card reconciliations
Software solutions and conversions
Management Reports and assistance with budget and cash flow analysis
47 Flagstone Tce, Trinity Park QLD
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Tactical Bookkeeping Quick Info
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Processing accounts receivables, payables, payroll & super. Completing reconciliations of asset & liability accounts. Processing and lodgement of monthly and quarterly Business Activity Statements.
About
Hi I'm Richie and I'm a tactical bookkeeper Your bookkeeping is a critical business system, plain and simple. But for me it's not just about record keeping. It's about ensuring a better outcome for my clients, and by a better outcome I mean a more profitable business. By focusing on getting a number of small but important actions absolutely right, every time, I can deliver a better result.
147/62 Ardisia St, Smithfield QLD
Best Bookkeepers Near Me
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The Bookkeeping Professionals Quick Info
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Welcome to The Bookkeeping Professionals, your trusted bookkeepers and accountants in Trinity Park. With our meticulous attention to detail and expert knowledge, we are here to ensure your financial records are in order. Our team of skilled professionals will handle all your bookkeeping needs, leaving you free to focus on growing your business. From reconciling accounts to managing payroll, we provide efficient and reliable services tailored to your specific requirements. Trust us to take care of your numbers, so you can concentrate on what you do best.
34 Selwyn Cct, Trinity Park QLD
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Cooks Books & Management Quick Info
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MYOB & XERO
Services
Bookkeeping
BAS lodgements
Admin support
Qualified Bookkeeper
Not for Profit experience
Grants writing & acquittals
Executive Management
Strategic Planning
About
With over 10 years experience in Not for profit, private sector, financial , operational and management functions Julie Cook has commenced her own private business and is available for clients seeking her expertise. With an emphasis on bookkeeping Julie is formally qualified as a bookkeeper and Bas agent,. With her background in actually working in various sectors Julie is not only able to provide competent record keeping she is also able to add value to your organisations broader operational roles and objectives. This can include payroll management and what can be confusing calculating and reporting of salary sacrifice eligible employees such as those that work in some not for profit organisations, Grant acquittals, budgeting, Board financial reports, agenda setting and minute keeping are all aspects of financial governance support management that Julie can provide to your business functions. With a network of professional associates Julie is able to provide your organisation with executive management personnel in such fields as accounting, business planning, strategic planning and operational support, grant applications, and report writing.
Cairns QLD
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Essential BAS & Bookkeeping Quick Info
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Welcome to Essential BAS & Bookkeeping, the go-to experts for all your bookkeeping needs in Kewarra Beach. With our meticulous attention to detail and professional expertise, we'll ensure your financial records are in order and your business runs smoothly. Our dedicated team of skilled bookkeepers are here to assist you in managing your finances, providing accurate reports and valuable insights. Let us take the stress out of bookkeeping so you can focus on what you do best.
25 Isaac Smith Cl, Kewarra Beach QLD
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Temp Accounting & Admin T/As Absolute Tax & Bookkeeping Quick Info
Individual Tax Returns
MYOB Training
Partnership & Company Returns
BAS Lodgements
Services
Individual Tax Returns
MYOB Training
Partnership & Company Returns
BAS Lodgements
Payroll – Final & Redundancy Pays
Year End Preparations
Setup
Office Specific Training
Budget Preparations
Specialised Cash Flow Projections & Management
13 Cronulla Close, Kewarra Beach QLD
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Kylie's Mobile Bookkeeping Service Quick Info
Products
Manual Bookkeeping (Spreadsheets)
Registered BAS Agent
BAS preparation & lodgement
Data entry, bank reconciliation
Accounts Payable
Accounts Receivable
Payroll services
BAS/IAS GST reporting
Services
Manual bookkeeping (Spreadsheets)
Registered BAS agent
BAS preparation & lodgement
Data entry, bank reconciliation
Accounts payable
Accounts receivable
Payroll services
BAS/IAS GST reporting
Xero
Quickbooks
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Qualified Bookkeeper specializing Xero Cloud Accounting & Reckon Quickbooks in the Cairns area
Gordonvale QLD
5 (1)
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Grubers Beckett Chartered Accountants Quick Info
Products
Xero
MYOB
Quicken
BankLink
Services
Chartered Accountants
Tax Planning
Wealth Creation
Estate Planning
Audit & Assurance
Business Advisory
Business Support
Financial Statements
Financial Reporting/Compilation Services
Compliance Services for both Individuals and Businesses
Cloud Accounting
EziTax Information Form
Self-Managed Super Funds
Income Tax
Accounting
Superannuation
Audit
Asset Protection
About
Let the accountants at Grubers Beckett Chartered Accountants in the Tablelands take the stress out of organising your finances. We are auditors and registered tax agents with offices in both Mareeba and Atherton. Whether you're looking for business advisory services or you need help lodging your tax return, our accountants can help get your finances on track. Our services include the auditing of client's financial statements, special investigation areas, and reports on the clients internal accounting controls. We also assist with the development of information systems, and review and prepare reports required for regulatory agencies and for meeting contractual credit agreements. Our services also extend to estate planning and wealth creation. At Grubers Beckett Chartered Accountants, we take care to discuss your needs annually to ensure you're getting the best service. Our passion is seeing our clients' businesses and investments growing. With this in mind, we provide quality advice to help improve effectiveness, financial performance, manage risk, and achieve business goals. Call our expert Tablelands accountants today to discuss your needs.
DH
Deb H
6 years ago
We, here, at the Cairns Chambers of Commerce have found Grubers Beckett Chartered Accountants to be a fantastic corporate group to work with. They have a vibrancy of knowledge, youth and wisdom to complement all auditing and accounting services.
143 Byrnes St, Mareeba QLD
5 (2)
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Tablelands Business Solutions Quick Info
Services
Bookkeeping Services
Payroll
Financial and Management Reporting
Risk and Financial Compliance Management
End of Year
BAS Agent Services
Accounting Software
T
Tracey
3 years ago
Amazing work, the girls that work in here are just amazing and helped with me everything that I needed help with. Cheapest printing on the tablelands.
2/39 James St, Malanda QLD
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Open 24 Hrs
Abel Bookkeeping & Business Services Quick Info
Services
Bookkeeping Services
Quickbooks Online
Cloud Accounting Solutions
Registered BAS Agent - 90320004
Quickbooks Online - Certified Pro-Advisor
SageOne - Certified Adviser
About
MISSION: To provide a helping hand for small business so that they better understand their financial performance and financial aspects of their businesses. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Providing the full range of bookkeeping services to business. Specialising in cloud accounting solutions, especially Quickbooks Online.
3 Hackman St, Cairns QLD
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