TJ Accounting Consultants
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Tax planning is an integral part of your business’ financial plannings. It helps you minimise your tax liability, increase profits, and improve your cash flow. At TJ Accounting Consultants, we … Boost Your Bottom Line with Business...Read More
The end of the financial year is just around the corner. It’s a good time to arrange your financial affairs to minimise your tax. Having tax planning strategies in place … Minimise Your Tax with Easy Tax...Read More
Have a great business idea? That’s just a tiny portion of what you need to consider when starting a business. Running a small business is an exciting and rewarding endeavor, … How to Choose a Business Structure:...Read More
Work related or business expense deductions can be a little trickier if purchased via an online platform such as Facebook Marketplace, Facebook Groups, Gumtree or even sites such as Airtasker. … How to Claim Deductions on Facebook...Read More
Illness has marred this winter, spreading throughout the community and hitting businesses hard. The economy is taking a tremendous hit with all aspects of business supply chains and staffing being … Useful Tips to Beat Winter Burnout...Read More
In addition to the expected statutory superannuation rate rise to 10.5%, the government has announced new superannuation rules, removing the $450 threshold for superannuation eligibility from 1 July 2022. If … Get Ready for the New Superannuation...Read More
The government has started a new identification requirement that attaches a unique identifying number to an individual who is a company director. If you are a company director, you will … New Identification Requirements for Company Directors...Read More
Have you dived into the world of cryptocurrency exchanges? With the crypto transactions on the ATO radar, it’s important to understand the tax consequences of your cryptocurrency transactions. Cryptocurrency is … Reporting Cryptocurrency at Tax Time in...Read More
Stuck in lockdown and feeling bored? We understand how frustrating lockdown can be. There’s so much you can’t do and you don’t have control over it. But can lockdown be … How to Beat Lockdown Boredom with...Read More
You might have heard of companies introducing business automation and their success stories. Automation can help remove the manual work and streamline your processes. To put it another way, automation … 5 Ways Automation Can Add Value...Read More
Have you organised your end-of-financial year documents for your tax return? Organising your paperwork now means you can get your business tax return completed and receive any refund due or … How to Get Your Business Records...Read More
Does your business make payments to family members, directors, or shareholders? Do you have a family trust and make distributions to beneficiaries? If so, from 1 July 2021, the changes … What You Need to Know About...Read More
The government has announced that superannuation guarantee rate will increase from 1 July 2021 to 10%. If you’re a business owner, you may wonder if it means extra cost to … How to Get Ready for Superannuation...Read More
When was the last time your review your business profitability? Do you feel like you’re making money, but have little in your bank account? Keeping track of your goals and … How Your Accountant Can Save You...Read More
If you’ve heard of GST, but unsure about it, you’re not alone. One of the most frequent questions we got asked by small business owners is around GST. GST stands … Does My Small Business Need to...Read More
With everything that’s happened this year, Christmas break is welcomed by most people. It’s a chance to spend time with family and friends. It’s also a good opportunity to recharge … Managing Your Cash Flow for a...Read More
We all know that in order to make money in your business, you need to generate revenue. But how well do you know what your revenue drivers are? You produce … How To Use Your Revenue Drivers...Read More
If your business is registered for GST, lodging Business Activity Statements (BAS) is part of your obligatory requirements, just like lodging a tax return. While the ATO has made the … 8 Important Things to Check When...Read More
The government has handed down the 2020-21 Federal Budget after a postponement because of the coronavirus pandemic. The announced measures will affect individuals and businesses. Proclaimed as the most significant … A Quick Summary of the 2021...Read More
Do you know the story your Balance Sheet tells you about your business? If you’re not familiar with it, it may seem confusing at first, but it’s actually not that … How to Decode Your Balance Sheet...Read More
If you are like many small business owners, looking at your financial reports can seem daunting, and as a result, you put it at the bottom of your to-do-list. However, … Why You Need to Understand Your...Read More
Are you capturing all your allowable tax deductions to make the most of your income tax return? Individuals and employees can claim for general work-related expenses and occupation-specific expenses and … Simple Tips To Maximise Your Allowable...Read More
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