Small Business Tax Blog by Fletcher Tax Accountants

The facts about HECS-HELP – what you need to know in terms of tax deductions as well as voluntary and compulsory repayments.

Are you running a business and want to reward your clients for their loyalty or remind them of your services? Read on for how gifting can be deductible.

The super guarantee/required employee super contribution is set to rise from 9% to 9.25% and then gradually increase to 12% of the next 6 years.

Planning to contribute funds to your superannuation? Please ensure you are aware of the cap applicable to avoid paying extra tax.

Clients often worry why their refunds are not as high last year. Of course we all love receiving tax refunds, but what are the common reasons your refund isn’t as high?

A common query my office gets asked – Why do I need to pay PAYG if I am not employing anyone? Firstly, you need to decipher which PAYG the ATO wishes you to pay; PAYG Instalments or Withholding.

Accountants often seem to abbreviate their thought process in their speech or written words, often leaving clients second guessing meanings. No more! – Have a look at the most common abbreviations and their usage. Browse the common abbreviations accountants and bookkeepers use in their daily interaction. [...]

Common question: “Why am I paying Medicare Levy if I have private health insurance?”
Click in to find the answer and know how you can save yourself and/or your family – an additional 1% of tax!

On the hunt for an accountant? The ”Must Ask” questions when considering a new accountant.

Do you hate keeping your books upto date? You know you need to, but you don’t want to? Enter (drum roll): a bookkeeper. A professional bookkeeper can work wonders for your efficiency and productivity levels.

Have a read of what they can do for YOU (and how you can help them!) [...]