Blog

THE CLOUD !!!! Everyone is talking about it and it sounds like a great place to be. A land where the scale of your IT system can change in line with your business and the home of integrated operations, automated processes and vastly reduced costs. Businesses are going to cloud computing solutions, this is whyRead more

COPING WITH REDUNDANCY Being made redundant can turn your world upside down in a heartbeat. It makes you question your financial security, your lifestyle and your future all at once and probably to a much greater extent when you’ve got loved ones who depend on you. To compensate you for throwing your life into disarray,Read more

HOW DO YOU SPOT A SCAM EMAIL? The number of scam emails, especially those purporting to be from the ATO, seems to have been on the rise lately. This type of email is called phishing, and the aim of them is to acquire sensitive personal information such as usernames and passwords, credit card and bankRead more

Life insurance partial payment Many life insurance companies have added partial benefit payments to their policies and this can be a massive benefit for clients and insurance companies alike. I used to think insurance payments were black and white – either approved or denied. With car and house insurance this might be the case.  However,Read more

Taxable payments reporting in the construction and building industry –  Businesses in the building and construction industry who pay contractors for constructions services must report the amount of payment to the ATO by 28th August each year. These taxable payments need to be reported on a specific form called a Taxable Payments Annual Report. The informationRead more

Capsule CRM CAPSULE CRM (Client Relationship Management) is the core of customer service and lead development. All client focused businesses should keep an opportunity pipeline and record of clients won/lost/developing. Capsule CRM is an application for exactly this. It makes keeping track of the people and companies you do business with, communications with them, anticipatedRead more

IS A SELF MANAGED SUPERANNUATION FUNDS (SMSF) RIGHT FOR YOU? Self Managed Superannuation Funds (SMSF) are the largest and fastest growing superannuation sector in Australia. Between 2010 and 2014, the growth in the sector is about 29% and according to the ATO quarterly statistical report, there are more than 534,000 SMSFs operating with total assetsRead more

COMMON TAX MISTAKES  Do you have outstanding tax returns that need lodging? Do you have ATO debt that needs to be paid? Are you missing receipts that you wanted to claim? Below are some simple solutions to help make your tax dealings easier. Lodging on time Many Individuals fail to lodge their individual tax returnsRead more

Some Individual deductions to consider when meeting with your accountant: It’s building up to tax time and you may wonder what you are entitled to claim in regards to your individual income tax return. I am constantly asked the question from family and friends, so here is a brief overview of some deductions you mightRead more

4 WAYS TO REDUCE YOUR TAX With the end of the 2014-15 financial year looming what better way than to plan what can make a significant difference to your overall tax position! Here are four ways you can do so:     Receipts should be kept to take advantage of tax deductions especially for largeRead more