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... 
by Care Accounting | Apr 16, 2021 | Accounting, Blog, Business advice, Financial Management, Superannuation, Tax returns
Don’t Forget to Pay Your Super! Quarter 3 superannuation payments are due on 28th April 2021. With the introduction of Single Touch Payroll and super reporting, it is easy for the ATO to check if payments have been made on time. And now that late... 
by Care Accounting | Jun 22, 2020 | Accounting, Blog, Business advice, Financial Management, Services, Superannuation, Tax returns
With the end of the financially year looming, this is a time for businesses and individuals to look at what they can do now. Superannuation Superannuation payments are deductible in the year the super is paid. It is time to review your payroll records, and pay any... 
by Care Accounting | Dec 18, 2019 | Accounting, Blog, Business advice, Financial Management, Superannuation, Tax returns
Entertainment There is so much misinformation about what you can and can’t claim when it comes to entertainment expenses. There are so many variations depending on the nature of the expense and who is receiving them that there is no wonder it’s a confusing area for...