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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.

Do you assess your tax position well before the end of financial year? If you don’t you are missing out on a great opportunity to reduce your tax liability, add value to your business and generally have a better understanding of your business’s situation. Better business owners that want to grow their business take theRead More »

Are you a property investor, or considering becoming one? Do you understand negative gearing, positive gearing and depreciation? If not, this post is for you. These are some of the basic terms about property investment that you must understand and give consideration to when deciding to invest or evaluating your current investment. Negative gearing NegativeRead More »

Belinda has been with Trak Accountants since the business established at Varsity Lakes in 2014. She’s an extremely diligent staff member and we feel very lucky to have her on-board. Not only is she often at work early, leaving late and working through lunch, but she also walks the family dog, Shrek, when he isRead More »

I really wanted to give you information to help you day-to-day, week-to-week and month-to-month, so you can monitor and make sense of your financial results.  But whichever way I look at it I find it difficult to provide you with the complete ‘know how’ in a simple accounting101 blog post. Making sense of your financial dataRead More »