The ATO have announced that the rate for work-related car expenses has increased for the 2019 tax year to 68 cents per km. This is applicable if you use the cents per km method for calculating the expense. Isn’t it great to have more money to spend on our families! Another tidbit from the Money Matters Made Easy for Small Business accountant. Accolade Accounting
You are really good at what you do and provide an awesome product or service.
You understand that you need your money matters to be kept up to date every day as the Australian Tax Office requires certain payments from you on a regular basis, but more importantly you need to manage your money so that you can reward yourself for all your hard work. This is just the beginning. You really want much more than this. You want to give your family a better life by taking them overseas once in a while and you want to eventually sell your business so that you can use these monies for your retirement.
Seriously, you just don’t have the time to do it all yourself.
You want someone who gets Small Business to manage your money matters for you and make your business wealth improve. You want someone to watch your back!
You want the piece of mind in knowing that someone is all over it for you.
Welcome to Accolade Accounting, a specialist practice focusing on making money matters easy for you, a very busy small business owner.
Congratulations you have decided to take a massive step to creating something beautiful. We can guide you through the maze of what you need to run a successful business , and assist you on a journey of creativity. That is what you need . lots of creativity in order to be successful. That is you the small business owner and we will help you with all the business advice you will need to improve and grow your business. We will assist you on your step by step journey focusing on the cash flow within it.
In order to be able to improve your business you need to measure it. You can only do that if you record it. We will share with you the latest and greatest in automation specifically for your business so that you have free time to focus on what you enjoy.. Whether it is using Xero as the basic cloud package to various options for achieving fast payment and analysising performance. We will assist you all the way.
The more knowledgeable you are about small business the more power and freedom you have to make correct decisions. So we encourage you to ask us questions. Education is a massive part of life as well as your business and we encourage you to learn as much as you can so that you will have a successful business long into the future.
The only time you as a small business owner will not pay taxes is if you make a loss and who wants not make profit. We will help you minimise the amount of tax that you need to pay and also educate you and answer your tax related questions, so that you achieve the best outcome. If you are an individual who has investments, we will assist you with reducing the amount of tax you need to pay.
The structure that you operate your business from is critical to your success and future wealth creation. We will advice you as to what is best for you. We plan for you continuously as we work with you during the year so that you achieve the best result possible.
If you do not need to be registered for gst then we will help you improve your business so that you grow and fall above the turnover threshold for registration. We will submit your statutory returns on time all the time and advise you of improvements you can make to your business after we have submitted the returns.
Our vision is to serve small business owners and make their lives EASY. We do this by following the approach below. Imagine a game of football. We are one of the players on your team. We are involved with you while the game is going on, so we can help you take steps to win the game. After the final whistle has blown the results are presented by the score keeper to the authorities. Unlike the scorekeeper we improve the value of your business, we don’t just present the score by submitting tax returns.
Respect We admire what you do
Truthfulness Always deal with the facts
Caring We are part of your team
No B.S. Focus on what matters
Easy Keep it Simple
B+ One’s thoughts affects ones actions
Humour Laughing is the best medicine