PLH Accountants

24/06/2026

End financial year celebrations 🍾
Red team wins 🏆

23/06/2026

This is who we are at PLH.

Our mission is to increase and protect our clients’ net worth — not just for today, but for the long term.

Our vision is to be the accounting firm small to medium business owners rely on for growth, advice and real business success.

And our values guide everything we do:
Integrity. Accountability. Innovation. Passion. Strong relationships. And yes… a bit of fun along the way.

18/06/2026

EOFY is not just about what you claim.

It is about how accurate your numbers are.

Without clean books:
• Expenses get missed
• Income can be overstated or understated
• Tax estimates are unreliable
• Decisions are based on guesswork

With good bookkeeping:
• You know your position before 30 June
• You can plan properly
• You avoid surprises

The difference is not small — it directly impacts your tax

15/06/2026

We’re proud to be a Xero Platinum Partner.

This isn’t just a badge — it reflects the volume of clients we support and our experience working with Xero every day.

What this means for you:
• Expert guidance on Xero
• Efficient, streamlined systems
• Better visibility over your numbers
• Support from a team that knows the platform inside out

If you’re using Xero (or thinking about it), you’re in good hands.

12/06/2026

12/06/2026

2026 Accounting Awards 🍻🥳

10/06/2026

Taking money from your company is not as simple as it looks.

We see this a lot.

Money comes out of the business… but it is not treated correctly.
If you are running a company, you generally have three ways to take money out:

• Wages (salary)
• Dividends
• Director’s loan

The risk is with director’s loans.

If money is taken without the right setup, it can trigger Division 7A — meaning the ATO may treat it as a dividend.

That can lead to an unexpected tax bill.

To avoid this, loans need to be:
• Properly documented
• Put on a complying loan agreement
• Repaid over time with minimum repayments

This is not just compliance.

It is about avoiding surprises and staying in control.

👉 If you are unsure how your drawings are structured, get in touch with our team at PLH. We can review your position and make sure everything is set up correctly.

08/06/2026

Big change coming to super 👇

From 1 July 2026, super will need to be paid at the same time as wages.
This means no more quarterly super payments.

For business owners, this change will:
• Increase the frequency of super payments
• Impact cash flow
• Require more accurate payroll processes

It is designed to ensure employees are paid their super on time — but it also means less flexibility for employers.

If you run a business, now is the time to start preparing.

04/06/2026

How AI is Changing Accounting in Australia 🤖📊

AI isn’t the future of accounting — it’s already here. And it’s reshaping how accountants, bookkeepers, and business owners manage their finances every day.

Here’s what’s changing (and why it matters):
1️⃣ Automated data entry
Platforms like Xero and MYOB now use AI to code transactions, match receipts, and reduce manual input — saving hours each week.
2️⃣ Real-time financial insights
AI-powered dashboards give instant visibility over cash flow, expenses, and profitability — no more waiting until month-end.
3️⃣ Smarter error detection
Unusual transactions? Missing info? AI can flag inconsistencies early, helping reduce costly mistakes.
4️⃣ Faster reconciliations
Bank feeds + machine learning = quicker, more accurate reconciliations with less effort.
5️⃣ Predictive forecasting
AI tools can analyse trends and help forecast cash flow, giving businesses better decision-making power.
6️⃣ Improved compliance
With increasing focus from the Australian Taxation Office, AI helps ensure records are accurate, complete, and audit-ready.
7️⃣ Advisory over admin
As automation takes over repetitive tasks, accountants can focus more on strategy, growth, and client relationships.

The takeaway?

AI isn’t replacing accountants — it’s elevating them.

Those who embrace tools like Xero aren’t just working faster — they’re delivering more value.

Are you using AI in your accounting workflow yet?

01/06/2026

If you haven’t reviewed your numbers yet, you are running out of time to make meaningful tax decisions.

Before 30 June, you still have time to:
• Reduce your tax legally
• Plan super contributions
• Write off assets (if appropriate)
• Get clear on your cash position

After 30 June, most of these opportunities are gone.

If you run a business, now is the time to act.

📅 Reach out to book your tax planning.