Instant Asset Write-Off: Who Qualifies, the Car Limit and What 30 June Decides
In short: if your business has aggregated turnover under $10 million and uses the simplified depreciation rules, you can immediately deduct the business portion of
Category 2(Tag): Business Accounting
Angela Pernazza
Angela Pernazza is a Senior Accountant at Crest Accountants, Gold Coast, holding a Master of Professional Accounting (MPAcc) with a Bachelor of Information Technology. She specialises in personal income tax, fringe benefits tax, business taxation and business advisory, with significant experience supporting childcare centres, GP & allied health practices and professional services businesses. Angela writes for Crest Accountants on FBT, business tax and compliance for Australian business owners.
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Setting Up a Family Trust: Tax Benefits and ATO Scrutiny
A family trust can be one of the most effective structures in Australia for splitting income, protecting assets and passing wealth between generations. It can
Fringe Benefits Tax (FBT) Year-End: What Business Owners Need to Know
Fringe benefits tax is one of the easiest taxes for a business owner to get wrong, because it is separate from income tax, self-assessed, and
Five Simple Ways to Reduce Business Tax At Tax Time
The end of the financial year is rapidly approaching and it’s time to get your business finances in order. With the cost of doing business
Do you need to review and update your business plan?
The new year is a good opportunity to sit down and review your business plan. It can be easy to create your plan, stick it
Tax Planning: Are You Organised For 30 June 2023?
When it comes to saving tax a well-organised and proactive approach will get you the best results. This is why attending to your annual taxation
Who is in The ATO Firing Line in 2023?
Every year, the ATO targets people and organisations who are trying to evade their tax obligations or who try to make claims they don’t realise
Energy Efficiency Grants for SME’s – Applications Opens 6th March
The Australian Government are offering government grant funding, from $10,000 and up to $25,000 for businesses to upgrade or replace inefficient equipment to improve their
Are Payroll Errors Putting Your Business at Risk?
Staff wages are one of the biggest costs involved with running a business and unfortunately managing payroll can be complex. If you have staff on
Important Xero and Single Touch Payroll Updates
Let’s talk about Single Touch Payroll updates for Xero, plus some additional updates to the way you and your small business accountant access this popular
