Heath Accounting Solutions

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Heath Accounting Solutions Self Managed Superannuation Fund (SMSF) experts and small business tax specialists Call 0438 018 348 today to see how Heath Accounting Solutions can help you!

At Heath Accounting Solutions, we:

• Take time to explain things in plain English – Heath Accounting Solutions understands that you may not know all the jargon used by the ATO, so we take the time to explain anything that you don’t understand in plain English, so you have a complete understanding of your obligations and the reasons behind them;

• Care for you and don’t treat you as a number – At Heath Accounting Solutions, all our clients are important, no matter how big or small. We endeavour to respond to any phone messages and emails as quickly as possible, and ensure that our work is completed in a reasonable time frame;

• Meet with you for face-to-face meetings – At Heath Accounting Solutions, we prefer to meet with you face-to-face, so that we get to know our clients to be able to provide you with the best advice. It also ensures you can ask questions and get straight answers;

• Look for opportunities and solves problems for you – At Heath Accounting Solutions, we want the best for our clients. We look for opportunities to help you save tax, protect your assets and save time from unnecessary paperwork;

• Are honest and ethical and don’t rip you off – At Heath Accounting Solutions, we quote most work up-front so that you know what you are up for. We provide a free 1 hour no obligation meeting to all businesses and self managed super fund trustees, to see how we can help you.

Receipts are what back up your deductions, support your BAS and give you answers if the ATO asks questions at tax time.T...
22/10/2026

Receipts are what back up your deductions, support your BAS and give you answers if the ATO asks questions at tax time.

These three simple habits can make it easier to stay on top of them:

☑️ Photograph receipts as you go. Some paper receipts fade quickly, so make sure the photo is clear and readable.
☑️ Keep everything in one place, such as a dedicated folder or your accounting software.
☑️ Add a quick note on the purpose, like “client lunch” or “supplies for the Brisbane job”.

Most business records need to be kept for at least five years, so a few minutes each week will make your next BAS or tax return much smoother.

The ATO has pinpointed the three most common mistakes in tax returns this year, and each one can be avoided with a quick...
20/10/2026

The ATO has pinpointed the three most common mistakes in tax returns this year, and each one can be avoided with a quick check.

1. Miscalculating deductions, or forgetting them entirely. Work-related expenses are often estimated rather than checked against receipts and records, and some are missed altogether.
2. Assuming the pre-filled details are correct. Pre-filled information is a helpful starting point, though it’s worth confirming that income, interest and other details match your own records.
3. Misunderstanding capital gains tax (CGT) claims. CGT can be tricky to work out, particularly around what you paid, how long you held an asset and what you’re able to claim.

💡 Don’t forget to take a little extra time to check everything is correct before you file and if you’d like a second set of eyes on your return, we’re here to help.

Spring is the perfect time to declutter, consolidate and freshen up your business finances.One of the first things you c...
15/10/2026

Spring is the perfect time to declutter, consolidate and freshen up your business finances.

One of the first things you can do to get your financial spring clean underway is to look at your recurring costs. Software, memberships and apps you no longer use can quietly keep costing you, month after month, so cancel anything that’s no longer earning its place.

A little time with your numbers can show you what to keep, what to let go of and where to focus next.

If you haven’t lodged your tax return for the 2025-26 financial year yet, you have until November 2nd 2026 to do so or y...
13/10/2026

If you haven’t lodged your tax return for the 2025-26 financial year yet, you have until November 2nd 2026 to do so or you could face a late lodgement penalty. This won’t apply if you're registered with a tax agent, but you must be on their books before October 31.

Need help or have questions? Please don’t hesitate to reach out.

Creating content, selling online or earning through social media? It's worth knowing when a side hustle becomes a busine...
08/10/2026

Creating content, selling online or earning through social media? It's worth knowing when a side hustle becomes a business for tax purposes.

If you're carrying on a business, you'll need to report your income, keep records, apply for an ABN if you're entitled to one, and in some cases register for GST.

Income isn't limited to cash either. Gifts, products and other perks may have tax implications too. You can find more information from the ATO here: https://bit.ly/4zqB4WJ

Here are the important dates for small business owners to be aware of in October:✔️ 21 October - Pay your annual PAYG in...
06/10/2026

Here are the important dates for small business owners to be aware of in October:

✔️ 21 October - Pay your annual PAYG instalment notice. Lodge only if you vary the instalment amount or use the rate method to calculate the instalment.
✔️ 21 October - Lodge and pay your September 2026 monthly business activity statement.
✔️ 28 October- Lodge and pay quarter 1, 2026-27 BAS if electing to receive and lodge by paper.
✔️ 28 October - Pay quarter 1, 2026-27 instalment notice. Lodge the notice only if you vary the instalment amount.

As always, if you need any assistance please don’t hesitate to contact us on 0438 018 348.

If you currently rely on a credit card to pay your tax payments please be aware that the payment methods that the ATO ac...
01/10/2026

If you currently rely on a credit card to pay your tax payments please be aware that the payment methods that the ATO accepts are changing from 1 December 2026. These changes could affect your cash flow, so plan ahead.

If you have a payment plan with the ATO that is linked to a credit card they will email you detailing the steps you need to take. You can find more information here: https://www.ato.gov.au/media-centre/ato-to-stop-accepting-credit-cards-after-30-november-2026

Many small business owners find it easier to talk about their product or service than to talk about what it's worth. But...
29/09/2026

Many small business owners find it easier to talk about their product or service than to talk about what it's worth. But undervaluing your time and expertise doesn't just affect your bottom line - it shapes how you show up in your business day to day.

Recognising your value isn't about overstating what you do. It's about being honest - with yourself and your clients - about your skill and experience, and the work you deliver.

Few things disrupt cash flow like an unplanned tax bill. As we take a final look at cash flow forecasting, a forecast (a...
24/09/2026

Few things disrupt cash flow like an unplanned tax bill. As we take a final look at cash flow forecasting, a forecast (a simple projection of what's likely coming in and going out) helps make sure BAS and tax obligations are expected, not a surprise.

Setting aside funds as you go, based on what your forecast tells you is ahead, turns a quarterly obligation into a routine part of running your business, rather than a scramble when the due date arrives.

⚠️ ATO impersonation scam alert ⚠️There is a new malware email scam currently circulating claiming to be from the ATO. T...
22/09/2026

⚠️ ATO impersonation scam alert ⚠️

There is a new malware email scam currently circulating claiming to be from the ATO. This scam may state that you either have a new payment update in your ATO profile or that you need to review your income statement by clicking the included link.

Clicking the link in the email loads a page asking you to either view or download a file. Clicking this link downloads malicious software which can allow the scammer to gain access to your device.

Remember, the ATO will never send an unsolicited message that directs you to a log in page. If you’re unsure, stop and check.

Address

PO Box 271
Dayboro, QLD
4521

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 4pm

Telephone

+61438018348

Website

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