by Care Accounting | Jun 15, 2022 | Accounting, Blog, Business advice
The ATO has flagged four priority areas this tax season where people are making mistakes. With tax season almost upon us the Australian Taxation Office (ATO) has revealed its four areas of focus this tax season. Record-keeping Work-related expenses Rental property... 
by Care Accounting | Feb 28, 2022 | Accounting, Blog, Business advice
The NSW Government have recognised the impact of Covid-19 on small businesses during the start of 2022 and are offering another grant for those that have suffered a significant downturn. Read on to find out if your business is eligible for the Small Business Support... 
by Care Accounting | Nov 19, 2021 | Accounting, Blog, Business advice, Superannuation
2021 has certainly been a year of unpredictability. To help those businesses that are still impacted by COVID 19, the Government have extended the Code of Conduct for Commercial Leasing which offers assistance for both the tenant and the landowner. There has also... 
by Care Accounting | Jul 2, 2021 | Accounting, Blog, Tax returns
If your business has been adversely impacted by the recent lockdown in NSW, support is available but there are limitations. The NSW Government has announced new grants of up to $10,000 for businesses adversely impacted by the recent COVID-19 lockdowns.... 
by Care Accounting | Jun 17, 2021 | Accounting, Blog, Tax returns
Each year the ATO puts the spotlight on areas that they will scrutinise more closely to ensure tax compliance. This year they have highlighted the following: Cryptocurrency Some people believe that the anonymity of cryptocurrency means that they can ignore tax... 
by Care Accounting | Jun 17, 2021 | Accounting, Blog, Business advice, Financial Management, Superannuation, Tax returns
Before we say goodbye to the 2021 financial year, have you considered the following last-minute strategies to manage your tax before the year is out? Bring Forward Expenses If you have any expenses due in July/August 2021, then it may be beneficial to look at...