Business Accountants – Tax Accounting Adelaide

We help small to meduim businesses wanting more time and profit, looking forward and not just back

Browsing Posts in Rent and Landlords

Is it too hard keeping your bookwork up to date? Or is it taking so long and costing too much? Would you like a Bookkeeping chainsaw man?

At Tax Accounting Adelaide we believe Accounting should grow your business – instead of slowing down your business. As your Tax Agent we care, because we want you to do accounting fast and efficiently.

We have been achieving great results by helping small business wanting to make accounting more efficient. So that they are spending less time and resources on book keeping.  We use technology to save you time and make keeping updated easier. With the time we save, we can spend on more value adding activity, such as solving your business problems and achieving your business goals.

We can show you a way to a more complete accounting package, more than just bookkeeping, BAS returns and Tax returns, but time to work with our guidance on your business practices to improve your sales and profits. Talk to us now about how we make your accounting more efficient, so that you spend more time on adding value to your business.

3 Tips to chainsaw your bookkeeping

  • Reduce your bank accounts.
  • Use Online downloading of your bank transactions or Online accounting Software.
  • Outsource bookkeeping to someone if you can do more valuable activity with you time.  You should outsource if they can do it better than you and cheaper than the cost of your time.

More about how we help you

Call us now on 08 83374460 or 0416 023 719 to book in for a free initial consultation on how to chainsaw your bookkeeping Now.

Print this in PDF for someone who needs this help fast.

Tax Accounting Adelaide -

Share on Facebook
Share with everyone:
  • email
  • Print
  • Twitter
  • Facebook
  • Google Bookmarks
  • Add to favorites
  • Live
  • RSS
  • StumbleUpon
  • Yahoo! Bookmarks
  • del.icio.us

Watch this video to find out how it all works in your tax return refund or payable.

 

 

A simple tax return is really not that simple.

But let me dumb it down so if you have never really understood it, you soon will.

You start with Incomes (like wages and salaries) less deductions (like uniforms and cost of tax preparation fee) which give you what the tax office calls TAXABLE INCOME

Once you have your taxable income , depending on how high it is, you are taxed progressively more as in this table of the Income tax rates. This is called Tax on your Taxable Income.

Tax rates 201011

Taxable income Tax on this income
0 $6,000 Nil
$6,001 $37,000 15c for each $1 over $6,000
$37,001 $80,000 $4,650 plus 30c for each $1 over $37,000
$80,001 $180,000 $17,550 plus 37c for each $1 over $80,000
$180,001 and over $54,550 plus 45c for each $1 over $180,000

Once you have tax on taxable income you add medicare levy

Then you take off any taxes paid (such as on wages) and any tax offsets (such as education tax refund)to get your tax return refund or amount payable. If you have already paid more tax than the tax on taxable income then you get a refund.

For more examples and explanations of Income, deductions, taxes paid and tax offsets visit www.ATO.gov.au or ask us

Here is your bonus PDF version

Tax return explained simply by an online tax agent

Here is your bonus Audio Version

explanation of tax returns by tax agent Tax Accounting Adelaide

Share on Facebook
Share with everyone:
  • email
  • Print
  • Twitter
  • Facebook
  • Google Bookmarks
  • Add to favorites
  • Live
  • RSS
  • StumbleUpon
  • Yahoo! Bookmarks
  • del.icio.us

We help investment property investors, see what problems and how we solve

Rental property summary

Having trouble getting together information on your investment property for your tax or bas return. Here are some templates to help.

rental property income and expenses by Romeo Caporaso spreadsheet xlsx version

rental property income and expenses by Romeo Caporaso spreadsheet xls version

rental property income and expenses by Romeo Caporaso pdf version

All about tax on rental properties 2010 more information from the ATO.

Share on Facebook
Share with everyone:
  • email
  • Print
  • Twitter
  • Facebook
  • Google Bookmarks
  • Add to favorites
  • Live
  • RSS
  • StumbleUpon
  • Yahoo! Bookmarks
  • del.icio.us

Tell me what you want from an accountant, take my short survey. http://fb.me/DXkZ7eko

Share on Facebook
Share with everyone:
  • email
  • Print
  • Twitter
  • Facebook
  • Google Bookmarks
  • Add to favorites
  • Live
  • RSS
  • StumbleUpon
  • Yahoo! Bookmarks
  • del.icio.us
Powered by WordPress Web Design by SRS Solutions © 2012 Business Accountants – Tax Accounting Adelaide Design by SRS Solutions