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Introduction to property investment: an informative seminar by local accounting, finance and legal professionals. Hosted by Trak Accountants We have been talking about a seminar series for some time now, so we’re really pleased to be kicking it off with this seminar. One of the most exciting things about this seminar is that we’ve been able to secureRead More »

To make super payments and compliance more streamlined and efficient, the ATO created the SuperStream model some time ago. The idea is to make all Superannuation reporting uniform and electronic, which will eventually make the entire process much easier for employers and superfunds. The ATO has provided a transition period to allow businesses to getRead More »

At 47% tax in the dollar it definitely pays to know if your business should be paying fringe benefit tax (FBT) or not. The FBT year runs from 1 April to 31 March, so now is the time to assess your business’s FBT status. It is quite common for businesses to be caught out inRead More »

Is your business thriving, but you struggle to maintain positive cash flow? Many businesses operate with good fundamentals but constantly have trouble with creditors. This is commonly caused by a heavy load of customers owning money, such as construction companies who can only charge at milestones. Payment can be particularly slow, especially if a bankRead More »

The 2015 budget has signalled two key points from the Federal Government.  Firstly, a clear intention to reduce our budget deficit from over $40 billion to $6.9 billion over the next 4 years.  The means less debt for Australia and a stronger credit rating which keeps our country in a very healthy position compared toRead More »

Are you claiming absolutely everything you possibly can, for your business’s tax deductions, to reduce your tax liability and keep as much cash flow accessible as you can? Not sure?  Download our free checklist to find out.