Blog
Put Extra Cash in your Pocket Every Fortnight
Did you obtain a large refund last financial year? What would you do if you can have them in advance? End of financial year is always an exciting time for many of the investors. This is because they are able to claim the losses from repairs and maintenance, depreciation expenses, interests, agent fees, water rates, […]
Last Minute 2016 EOY Tax Minimisation Tips
Another financial year is about to finish! As a business owner, there are many obligations that you need to consider and action just before and just after 30 June. Some of these will help to minimise your tax. We have outlined these action points below to assist you. Date Action Required BEFORE 30 June 2016 […]
Well Done to the #SuccessFamily aka clients of Success Accounting Group!
We’ve been actively researching the latest in tax law and have found a number of strategies that will either save you tax, increase your wealth and / or accelerate your cashflow. Thanks to your prompt action, we are well on our way to our campaign goal – Save $250,000 Tax by 30 June. Beginning next week, […]
12 Proven strategies to reduce $20,000 TAX for your Business
If you’re generating between $200,000 and $3 Million revenue, you got 12 strategies to save $20,000 + taxes before 30 June. We are helping families in small business active a very big goal – Save $250,000 in Tax Before 30 June. We are calling this the “SAVE $250,000 TAX CAMPAIGN” What would $250,000 dollars mean, […]
2016 Federal Budget Update
On Tuesday, 3 May 2016, Scott Morrison, the Federal Treasurer, exposed his first Federal Budget. The Budget announcements embrace some major superannuation tax changes, and other measures which effect individual income tax, small businesses, and corporate taxation. Below is a summary of some of the key Federal Budget features in relation to tax and superannuation. […]
An Eye for Now, an Eye for the Future
Let Pre Year End Tax planning be more than just getting a bigger refund It’s the last quarter of the financial year. It’s the best time to review your profits, estimate your tax bill and determine what you can do to get your tax bill as low as possible (or your refund as high as […]
Success Accounting Group’s Super Stream Solution for Employers before 30 June 2016
As you are preparing for your BAS returns this quarter, now is a good time to also review if your business is Super stream compliant and aim to implement way before the deadline of 30 June 2016. Under SuperStream, you need to pay super contributions for your employees electronically (EFT or BPAY) and send the […]
FBT 2016: 5 Things Every Business Should Know
How do I Know if I need to pay FBT? What is exempt from FBT? And what to be aware of come 1 April 2016. Do you know that the FBT rate goes up from 47% to 49% from 1 April 2016? As an employer, we need to start reflecting this new rate in current […]
Which Business Structure is Right For You?
It is important to consider the advantages and disadvantages of the various business structures available and to choose the best structure to suit your circumstances. So what are your options? Sole Trader A sole trader is the simplest and cheapest business structure you can select from as it has few legal and tax regulations. As a […]
Small Business Restructure – Capital Gains Tax Roll-Over Relief
Sufficient asset protection, estate planning and tax planning all stems from having the correct business structure. Not only does your choice of business structure affect the safety of your personal assets and your tax position but it also impacts the continuity of the business upon change of ownership and what registration processes you will […]
SuperStream Deadline Approaching!
The new way of processing Superannuation Payments is almost here. Are you ready? In its bid to streamline the processing of transaction for superannuation funds, the ATO has introduced SuperStream. The main aim of SuperStream is to ensure employer superannuation contributions are paid in a consistent, timely and efficient manner. The key component of SuperStream […]
Umbrella of Services
At Success Accounting Group we are passionate about promoting growth in our clients and our services go far beyond completing your financial reports. If you are not looking for a typical accountant to simply do your tax nor are you looking for a product focused financial planner check out our services that we proudly offer! […]