Straight Talk Blog
Tax office to double audits of ‘dodgy’ rental deductions
Rental property owners are being warned to ensure their claims are correct this tax time, as the ATO has announced it will double the number of audits scrutinising rental deductions, with a specific focus on: over-claimed interest; capital works claimed … Read More
Employees still get payment summaries during STP phase-in
The ATO has also reminded employees that how they get their end of financial year information from their employer, showing their earnings for the year, depends on how their employer reports their income, tax and super information to the ATO. … Read More
FBT Issues on the ATO’s Radar
The ATO has updated its list of ‘What attracts our attention’, with six items that specifically relate to fringe benefits tax (‘FBT’), as follows: Failing to report motor vehicle fringe benefits, incorrectly applying exemptions for vehicles or incorrectly claiming reductions … Read More
Calculate the True Value of a Customer
By calculating the true value of a customer, or potential customer, it places a value on the total sales and profits generated by the customer over their lifetime with the business. The actual numbers can be astounding. For example, although … Read More
Common errors with new GST withholding rules
The ATO has noticed some common errors made in activity statements since the introduction of “GST at settlement” on 1 July 2018. Editor: These new laws require purchasers to withhold GST on settlement (and pay it to the ATO directly) … Read More
What living overseas and a vacant property have in common
The ATO has a myriad of rules and regulations when it comes to considering whether tax is payable. It all depends on the particular circumstances of the individual tax payer or the business that wants to claim a concession. Here … Read More
Tax scammer alert
The ATO has again warned taxpayers to be alert for scammers impersonating the ATO, as it appears they have changed tactics in 2019. Specifically, the ATO is seeing the emergence of a new tactic where: “scammers are using an ATO … Read More
What’s new for Australian business
The ATO has recently reminded small businesses of the expanded tax concessions potentially available to them, as outlined below: The pending increase in the small business instant depreciating asset write-off to less than $25,000 (as discussed in further detail here). … Read More
Finally, An Accountant Who Breaks The Stereotype And Gives You Real Tax-Saving, Profit-Boosting Help For Your Business
Accountants. Tax Agents. Financial Planners. Insurance Advisors. I know. Traditionally they are not the most exciting people to have over for dinner! But…
If you’re looking for a real helping hand to run and grow your business… straight advice without the ‘geek speak’… and someone you can talk to for all your money concerns, this will be one of the most important websites you ever visit.
My name is Robert Bauman. And I’m proud to say… we are different. Not your usual Accounting Firm. In fact, we’re more like business coaches, mentors… even company directors… who roll up our sleeves and give you real, practical help. In other words, we help you to have…
Business Freedom…
Remember how you felt when you first opened your business? The excitement, the dreams, the energy? As your accountant, that’s our real job.
To inspire you to regain that vision. And to help you build systems so your business flourishes — with or without you. Is that what you want? Business freedom? We’ve gathered…
A Whole Team To Help You…
Sure, our 21 years of experience, our extensive qualifications, and our track record in saving people tax and maximising their investments is impressive (if we do say ourselves). But what’s really important is the network of ‘tried-and-tested’ experts we give our clients access to. Yes, tax advice is critical. Budgeting is absolutely vital. And financial planning — it’s the roadmap to achieving your dreams.
But what about legal advice? What about the minefield of lending? What about business strategy, marketing, technology, staff recruitment and management etc. We’ve assembled a team of experts to help you. And don’t worry — when it comes to our fees…
A Deal’s A Deal…
When we give you an estimate, that’s what you’ll pay. Not a cent more. And our services are conveniently packaged to give you the exact help you need… at a surprisingly affordable price. In fact, many clients think we add so much value to their business (especially profit) they say our services are really free!
To help you manage your cash-flow, we’re happy to split fees into twelve easy payments. On top of that, you can relax because…
We Stop The Clock…
Unlike most accountants who bill by the minute, we want our clients to feel free to call whenever they need to.
Thinking about changing your mortgage, buying a new car, or upgrading your equipment — phone us first. You won’t be billed for the every piece of advice we give you over the phone. And on that note, we promise to…
Return Phone Calls Fast…
There’s nothing worse than waiting around for someone to phone you back when you just have a quick question to ask. Everything grinds to a halt. It’s incredibly frustrating. Our state-of-the-art internal communication systems (including cloud computing) allow us to keep in touch at all times.
If you’ve left a message, we’ll know straight away and call you back as soon as we can — mostly within an hour. The key to good relationship is good communication… so there are…
No Nasty Surprises…
That’s right. Regular communication via email, phone and in person enable us to keep on top of all your financial concerns. You’ll always know where you stand with upcoming GST, tax, insurance, super, etc. We’ll help you set and manage a solid financial plan.
That’s not always easy. It takes discipline. And although we’re always courteous, we won’t be backward in giving you…
Straight Advice For Your Business…
We tell you the truth — even when it’s hard to say (and even harder to hear). Anything short of this would be a disservice to you. But don’t worry — we don’t just give you the facts, we give you the solution. And we help you every step of the way in putting it into action.
Sound Interesting?
There’s no need to put up with traditional, old-school accounting any more. Don’t be held back by incomplete service, passive advice, and limited knowledge. We provide a full range of services to get you the results you want. We are proactive — meeting with you frequently to keep on top of all your financial concerns. And we’ve gathered a team of experts to help you with all your business needs.
So, get in touch right now (while this is fresh in your mind). Pick up the phone and book a Free Strategy Session (valued at $275). We look forward to giving you straight advice to help you manage and grow your business… and fulfil the dreams you had the day you started your business journey.