1 July 2023 Brings Changes To Reporting For SMSFs
SuperThis month, the Transfer Balance Accounting Reporting (TBAR) regime has undergone changes that may significantly impact the timing that SMSFs report certain events.
From 1 July 2023, all SMSFs required to report transfer balance account events…
We Know The Shortcuts For Your Tax Return This Year
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But they won’t include the ‘shortcut’ method! Why not ensure you’re doing the right thing this tax return season with our assistance?
From tax returns to business planning, setting up a trust, and so much more, we are the people…
Make Sure You Have Everything Before Lodging!
TaxWhile lodgement of your tax return can begin from 1 July, you have a much higher chance of submitting a return with incorrect or missing information.
This is because some information that will automatically be pre-filled on your return (such…
Business Or Hobby? When It Comes To Tax, You Won’t Want To Get It Wrong…
BusinessThere are critical differences between having a hobby and running a business, and they mostly have to do with your tax, insurance and legal obligations.
Understanding the characteristics of businesses and hobbies is essential to ensure you correctly…
Small Business Leadership – Do You Have What It Takes?
PeopleAre you a leader just because you run a small business? No. But you probably need to be.
The role of leadership in business is indisputable. Great leaders create great businesses. Mediocre leaders create mediocre businesses. Without business…
Cars, Tax Returns & What You Can Claim
TaxClaiming car-related expenses as tax deductions might seem like the easiest way to get a more significant return – but it’s also one of the most carefully monitored.
Here are a few tips on what you need to watch out for when claiming car-related…
Business Budgeting As Easy As 1, 2, 3
MoneyBudgeting is the most important tool in your arsenal when it comes to your business. It is how you organise your company and plan for possible future circumstances.
It forecasts all cash sources and expenditures and can greatly enhance your…
4 Ways To Create An Efficient Workplace With Tech
BusinessOne of the outcomes that business owners and staff alike want to achieve is an efficient workplace. An efficient workplace not only saves time and money but can also improve overall productivity and morale.
With the challenges facing companies…
Bankruptcy, Superannuation & What Comes Next
SuperHave you ever wondered what happens to superannuation when someone claims bankruptcy?
Bankruptcy is a legal process that can be commenced when you are declared unable to pay your debts. It is a process that can release you from most debts, provide…
Why Can A Conflict Of Interest Be A Serious Issue In SMEs?
BusinessAs a small business, conflicts of interest can be a major issue (particularly when you have a small number of employees).
Conflicts of interest are often a trigger for workplace tension and gossip, reducing productivity and damaging employee…
Flexible Working Arrangements In The New Financial Year
LegalChanges to flexible working arrangements have been in place since 6 June 2023. If you haven’t done so already, now is the time to get acquainted with the new legislation (The Secure Jobs, Better Pay Act 2022 (Act)).
The legislation has updated…
Jane L Noller & Co has an outstanding reputation for providing trustworthy, professional accounting solutions in Pennant Hills to a variety of clients.