by Cindy Su | Jun 20, 2024 | All, News and Updates, Property
The recently announced 2024-25 NSW Budget has made headlines due to a dramatic shift from a projected surplus to a $3.6 billion deficit, revealed on Tuesday, June 18th. With the State’s AAA credit rating at risk, the Government is turning to land taxes for quick cash...
by Cindy Su | Jun 18, 2024 | All, News and Updates, Tax and Accounting
The Australian Taxation Office (ATO) has identified three main areas of focus for this tax season to ensure compliance and accuracy in tax returns. These key areas include work-related expenses, rental property income, and capital gains from cryptocurrency...
by Cindy Su | Jun 4, 2024 | All, Business
Proper bookkeeping is crucial for your restaurant or hotel’s financial health. It’s all about keeping track of your money accurately. But it’s not just about numbers; it’s about following the rules too. The Australian Taxation Office (ATO) has...
by Cindy Su | May 27, 2024 | All, Business
What is Bookkeeping? Bookkeeping is the process of recording all the financial transactions of your business in an organised and systematic way. These transactions include sales, purchases, receipts, and payments made by an individual or an organisation. Bookkeeping...
by Cindy Su | May 20, 2024 | All, Business
Accurate bookkeeping is essential for any business, laying the groundwork for financial stability and compliance with regulations such as those set by the Australian Taxation Office (ATO). Throughout this article, we’ll pinpoint common bookkeeping mistakes and...
by Cindy Su | May 16, 2024 | All, News and Updates, Tax and Accounting, Uncategorized
On 14 May 2024, the Australian Federal Government presented the 2024/25 Federal Budget. This budget outlines a comprehensive plan to strengthen the country’s economy and provide more support to its citizens. Announced in a time of changing economic conditions,...
