This article, written from a tax agent’s perspective, provides an overview of franking credits in Australia. It covers the definition, mechanics, claiming process, implications for investors, and the importance of professional advice. The focus is on helping taxpayers understand how franking credits can impact their investment returns and tax liabilities.

This article, written from a tax agent’s perspective, explains why receiving a tax refund is not always a positive outcome. It covers the implications of overpayment, opportunity cost, cash flow, financial planning, economic changes, effective money utilisation, and the importance of professional advice. The focus is on educating taxpayers about the potential downsides of large refunds and encouraging more strategic tax and financial planning.

This article, tailored for employers and written from an accountant’s perspective, explores the concept of non-cash staff benefits. It covers the types of benefits, tax implications, benefits to employers, implementation strategies, and the importance of professional advice. The focus is on how non-cash benefits can enhance employee morale and productivity, while also highlighting the need for careful consideration of the associated tax and reporting requirements.

This article, written from an accountant’s perspective, provides an overview of various short-term funding options available for businesses in Australia. It covers overdraft facilities, short-term business loans, invoice financing, trade credit, credit cards, merchant cash advances, P2P lending, and government grants. The focus is on helping business owners understand and assess these options to effectively manage short-term financial needs.

This article, written for Australian taxpayers from a tax agent’s perspective, outlines the key tax deadlines in September, including BAS, superannuation guarantee contributions, PAYG installments, company and trust tax returns, and individual tax returns. It emphasizes the importance of awareness, timely action, review of tax positions, and the benefits of professional advice to maintain compliance and avoid penalties.

This article, intended for individuals and business owners in Australia and written from an accountant’s perspective, outlines the key aspects of how a company operates in the Australian context. It covers company formation, governance, tax obligations, financial management, employee management, risk management, operational activities, CSR, and the importance of professional advice. The focus is on providing a comprehensive understanding of the responsibilities and processes involved in running a company in Australia.

This article, tailored for taxpayers and written from a tax agent’s perspective, provides an overview of the key sections of a tax return, including personal information, income, deductions, tax offsets, Medicare Levy, and the calculation of tax payable or refund. It emphasizes the importance of understanding each component, accuracy in reporting, and the value of professional guidance. The aim is to help taxpayers better comprehend their tax returns and the impact of their financial activities on their tax obligations.

This article, written from an accountant’s perspective, explains the importance of understanding and managing business books. It covers key aspects like business performance analysis, cash flow management, budgeting, forecasting, regulatory compliance, tax preparation, audit preparation, attracting investments, effective bookkeeping tips, and the importance of professional assistance. The aim is to highlight how crucial good bookkeeping is for the overall success and health of a business.