We’ve summarised the most important financial and accounting news for the month of April 2018. Following are the key points of this month’s major tax and compliance measures and deadlines to keep track of. The fringe benefits tax return instructions The ATO has released the instructions for completing FBT returns, including guidance on changes which […]
Nikkiady Arief: Accountant of the Future
The Shuriken family is getting bigger and bigger. Today, we’re giving a warm welcome to our newest accountant from the Sydney CBD Office. His name is Nikkiady Arief and he’s a young professional passionate about both accountancy and the future, aka IT. Let’s get to know him better! Accountancy + IT = a bright future […]
EOFY Checklist for Small Business Owners
The end of the financial year is an important and busy time for small business owners. There are so many tasks that have to be taken care of, like: completing bookkeeping dealing with tax returns planning for the new financial year The good news is that getting your business more organised during each financial year […]
Investment Property Tax Tips – Keeping Track of Expenses
Each year, the Australian Taxation Department (ATO) focuses on one particular tax area. This year, it’s all about personal deductions, which include those you claim against your investment property. In this 2 Minute Accountant episode, I’ll give you some investment property tax tips on how to easily and efficiently keep track of all your expenses […]
Airbnb Insurance Tips for Hosts and Landlords
Let’s say you decided to rent your property through Airbnb. However, you’re uncertain whether your home and contents insurance will cover for hosting guests. Is the Airbnb insurance programme enough? If that’s also your question, you’re in the right place. As one of the fastest growing businesses in Australia, Airbnb has had over 70,000 listings […]
Your Taxpayer Rights In A Nutshell
Have you ever received a notice from the Tax Department? As a taxpayer, this situation can be pretty scary, especially when the ATO surprises you with a desk audit or a full-blown audit. Do you know your taxpayer rights? In today’s 2 Minute Accountant, you’ll discover what are your rights as a taxpayer and what […]
Do You Know Your Obligations as a P&C Association Member?
Have you ever been asked to become a member of the Parents & Citizens Association? If you think of it as just an honorary title, think again. Being a member of the P&C committee certainly has its share of responsibilities and risks for you, as an individual. In today’s 2 Minute Accountant, I’m going to […]
How to Respond to Negative Reviews: DOs and DON’Ts
Have you ever received a negative review on your Facebook business page? What was your first reaction? You didn’t want to answer it, right? I bet you even wanted to delete it… ASAP. Responding to negative comments can be tricky, but it’s very important to do it right. Today, I’ll share with you some “DO’s” […]
How to Recognise an ATO Tax Scam
ATO tax scams are everywhere! I don’t mean people scamming the Tax Department. I mean people calling you and pretending they’re from the Tax Department (ATO), trying to scam money from you. It can be an emotional and daunting situation if you’re told you’ve done something wrong to the Government and the Tax Department. In […]
