Cranbourne Tax Agents

July 9, 2016

ATO Audits 2016

Small businesses and individuals were placed on notice this past year once the Australian Taxation Office (ATO) cautioned it will be beginning a whole new system […]
July 9, 2016

Phone and Internet Tax Deductions

Claiming mobile phone, internet and home phone expenses The ATO has released a fact sheet detailing how people can claim work-related telephone and internet usage. Essentially, […]
July 9, 2016

Personal Services Income

It is common for professionals who offer services to trade under a different entity for the business, whether it’s a trust, partnership or an incorporated company. […]
July 9, 2016

Succession planning

The baby boomer generation is at the retirement stage now. Recently there is an increase in Aussie business people retiring but the subject of succession planning […]
July 9, 2016

Identity Theft

Identity Theft: The Taxman Can Help! The risk these days of identity fraud is extremely real due to which the ATO provides a Client Identity Support […]
July 9, 2016

Private Use of Business Assets

Is there any trouble with using your business assets on your own personal use? Assets that belong to the company and are used for your own […]
July 9, 2016

Asset Protection Strategies

Tax planning should not be the main reason for accountants in selecting a specific business structure. An important factor when selecting a business structure really should […]
July 9, 2016

Do you need to lodge a tax return?

If you earn a salary you probably do. You must declare all your income but you can also claim your work-related expenses. The complete details pertaining […]
July 9, 2016

Accountants Melbourne

At BookSmart Accountants we get to know our clients and their businesses in detail by maintaining an ongoing conversations with them throughout the year, we take […]