DFK Crosbie Blog
As the owner of a healthcare clinic, your number one priority is your patients. But in order to give them adequate care, you have to keep your business healthy as well. Xero's State of Small Business report for May reveals the biggest pain points for small businesses includes cash flow... more
Partner at DFK Crosbie, Jason Bartlett, explains how you can re-discover peace of mind at tax time.
Feeling frazzled is a common complaint for business owners as the end-of-financial-year approaches. Wouldn’t it feel great to break that vicious cycle of stress and worry? So how you can go about it.
Business owners have the advantage of claiming a credit for any GST included in the price of goods and services purchased for their business. However, many businesses fail to claim their credits correctly.
The vast majority of mistakes are avoidable and relate to claiming credits for ineligible items or including GST-free... more
The Australian Tax Office (ATO) is homing in on small businesses failing to comply with guidelines regarding appropriate record keeping.
Findings from the ATO’s Protecting Honest Business campaign indicate that one of the leading factors for small business failure is poor record keeping practices. Small business owners are required... more
As the end of financial year is fast approaching, it pays to start thinking about how you can grow your superannuation while seeking some tax breaks.
The spouse super tax offset allows higher earning taxpayers who contribute super for their non-working or low income earning partners... more
One of the greatest benefits of owning an investment property (besides the additional income) is your entitlement to tax benefits.
Here are some tips to maximise your tax return this 2017/18 financial year:
Expenses you can and cannot claim
While your property is rented or available to rent, you can... more
Now is the time to start planning and reviewing your records to maximise your tax deductions for the 2017/18 financial year.
Here are our ten top tips for year- end tax planning for businesses and individuals:
The Tax Office is urging employers with 20 or more employees to prepare for the introduction of Single Touch Payroll.
From 1 July 2018, Single Touch Payroll will be introduced requiring employers to report their employee’s tax and super information to the ATO through Single Touch Payroll approved software.
Employers will... more
Right now, the entire world is vulnerable to cyber crime. It doesn't matter how small your business is, how much you have in your savings account or where you are located, hackers are targeting everyone who doesn't have their personal information on lock.
Cyber criminals are attacking Australia's superannuation funds - a small... more