NexGen Business & Tax Services Chartered Accountants

07/10/2024

If you’re considering a negatively geared property, ask yourself this: Would you willingly spend $1 to get roughly 30 cents back?⚠️ In this blog we explore the pros, cons, and hidden pitfalls. Discover when makes sense and how to avoid costly mistakes!

If you're considering negative gearing, ask yourself this: Would you willingly spend $1 to get roughly 30 cents back?  At first glance, probably not. But

02/10/2024

🤔 Ever wondered how negative gearing really works? Find out how it affects your taxes and how to make informed decisions about your property investments.

Negative gearing is a hot topic again. It seems like every time there's a whisper of potential changes to property tax laws, negative gearing takes centre

25/09/2024

Payday Super is coming in 2026! 😮 Australian businesses, get ready for more frequent super payments. Learn about the challenges and solutions in our latest blog post. We'll help you navigate this change with ease! 💪

Alright, small & medium business owners, let's have a real heart-to-heart about this 'Payday Super' thing. It's a big shake-up coming our way from 1 July

23/09/2024

Tired of sky-high accounting fees eating into your profits? As an accountant who's worked with many small & medium businesses (SMB), I'm here to help you with how to save on accounting fees.

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Tired of sky-high accounting fees eating into your profits? As an accountant who's worked with many small & medium businesses (SMB), I'm here to help you

19/09/2024

Fixed fees aren't always what they seem. This blog post explores the pros and cons of fixed vs hourly billing, so you can make an informed choice for your business.

Let's talk money! Especially, Fixed Accounting Fees! We all want to save a few dollars, especially us small and medium-sized business owners down under. Every

18/09/2024

Dear tradies! 👋 Tax time doesn't have to be a headache. Grab a cuppa on your smoko and discover 10 deductions that could put extra cash back in your pocket. 💰 From tools to utes, we've got you covered. 😉

17/09/2024

Dear tradies! 👋 Tax time doesn't have to be a headache. Grab a cuppa on your smoko and discover 10 deductions that could put extra cash back in your pocket. 💰 From tools to utes, we've got you covered. 😉

What can tradies claim? Calling all chippies, sparkies, plumbers, brickies, and every other hardworking tradies! Let's explore top 10 deductions you can claim

09/09/2024

What Can I Claim? You top 10 tax deductions for 2024 are here.

What Can I Claim? You top 10 tax deductions for 2024 are here. Tax season is upon us, and while it can be daunting, it also presents an opportunity to

03/09/2024

In the realm of SMSFs, individuals have the freedom to make their own investment choices, including precious metals such as gold bullions & silver. We share the story of John and Sarah (not their real names), a couple in their late 50s, who embarked on this journey with our professional guidance.

In the realm of SMSFs, individuals have the freedom to make their own investment choices, including precious metals such as gold bullions & silver. We

03/09/2024

Don’t set up your Self-Managed Super Fund (SMSF) before reading our step by step guide. Establishing an SMSF is a powerful step towards taking control of your retirement savings. It offers the potential for greater flexibility and tailored investment strategies, but also comes with increased responsibility.

Don't set up your Self-Managed Super Fund (SMSF) before reading our step by step guide. Establishing an SMSF is a powerful step towards taking control of your