Latest Blogs
Superannuation Change
In this new financial year budget, the government has announced to increase superannuation guarantee rate from 9.25 to 9.50% and the rate will remain the same till 30th June 2018. The rate will gradually increase by 0.5% till it reaches 12%....
Push To Impose GST on Online Purchases < $1,000
Australian shoppers who like to buy goods and services from overseas are facing a renewed push to pay GST. The Australian retailers have constantly complained about the loophole saying it puts them at a disadvantage with the overseas competitors and the federal...
Basics of Selling or Closing a Business
Steps that you should know before selling or closing a business : Lodgement and payment – Business should lodge all lodgements and pay all the required obligations owed to the business account. Some of the lodgements may include Business Activity Statements...
Worried about lodging your BAS? Cannot pay BAS in full? Need payment arrangement?
As a business owner, You should know that your BAS is due on the 28th February 2015. Failure to lodge your BAS on time will result in administrative penalty. Worried about lodging your BAS? Cannot pay BAS in full? Need payment arrangement? Yes, we can help you! Call...
Did you budget your business expenses?
Cannot make sense of profit and loss Do expenses seem too high or allocations of it are not correct Cannot budget your weekly or monthly income and expense Too many accounts in profit and loss? If any of your answer is yes then, you should not wait to give Reliable...
Australian Income Tax
Calculating & understanding income tax could be complicated. However, this topic will help you understand Australian taxation system Do you have to pay income tax? The 2017 individual tax-free threshold is $18,200. The tax-free threshold is the personal income or...
Top 5 Things Accountants Need to Get Right With regards to Research & Development (R&D) Tax Claims
The R&D Tax Incentive program is the Australian Government’s principal measure to enhance and increase the Australian business's contribution to research and development activities. The R&D Tax Incentive offsets the tax for expenditure on eligible R&D...





