Summit Accounting and Taxation

17/01/2024

This guy is amazing. He is spells out in plain english how to reduce your loans exponentially
https://open.spotify.com/episode/6gl7m2AYNn6UCBj2y0USMQ?si=5ee4d78c04c84ffb

Listen to this episode from Both Sides Podcast on Spotify. With nearly 20 years experience in financial services, Graeme Holm is widely-known as Australia’s original Money Mentor. His client-driven, tough love approach towards money management is helping homeowners all over the country pay off the...

22/11/2023

Are you and your Accountant getting the most out of the Technology Investment Boost? If a business expense is not eligible for the Skills and Training Boost it may fall under the Technology Investment Boost. Here is a great article.

Two boosts for small business, one for technology investment and one for skills and training, finally became law on 23 June 2023. Read on for the details.

27/09/2023

Do you have more than 1 Superannuation fund. Are you wanting to check your Superannuation fund's performance? Compare their fees and returns here.

How to use the YourSuper comparison tool to compare super fund products and how they perform.

22/07/2022

How to speed up your tax refund.
Provide a current BSB and Account number so that your Tax Agent can supply this to the ATO. There will be no delay in receiving your tax refund.

20/05/2022

Up to now it was not a requirement to pay superannuation for employees earning under $450 per month. From 1 July 2022 this threshold will be removed

16/05/2022

Invaluable 2022 Tax Planning

25/03/2022

The end of the Fringe Benefits tax year is approaching. Don't forget to check car odometer readings at 31 March.

18/03/2022

BUSINESS OWNERS - It's time to start thinking about increasing the prices of your Services and Products. In recent months every individual has seen price hikes on fuel, housing, construction materials and shrinkflation in our supermarkets. These rising costs are impacting the cost of business as well. Big business don't hesitate to increase their pricing in the face of inflation and neither should you.
https://www.abc.net.au/news/2022-01-26/inflation-isnt-out-of-control-but-rates-may-have-to-increase/100780882 #:~:text=Australian%20consumers%20saw%20prices%20rise,like%20we're%20seeing%20overseas.

With inflation rising, the Reserve Bank may have to lift interest rates this year, almost two years earlier than it previously expected, writes Gareth Hutchens.

09/11/2020

Part-time role in Newcastle based Accounting firm. Previous experience in an office environment is essential, as is attention to detail.
Experience in an Accounting or Legal firm desirable.
Microsoft Office skills are essential.
The role is autonomous and involves a lot of communication with the ATO and Government bodies.
We are looking for someone who is professional to fill a long term role within a flexible environment.

21/07/2020

POSITION VACANT
We are a Newcastle based firm looking to employ an Accountant who has at least 2 years experience working in an Accounting firm with a good eye for detail.
The role will initially be on a part time basis with a view to full time.

The hours will be flexible. It is desired that the applicant will have experience with Tax returns, Microsoft office and have a knowledge of Handisoft.

Preparation of Business activity statements, Annual Financial Statements, processing of payroll and correspondence with government entities is also part of the role.

The working environment is professional, while flexible and would suit someone looking for a long term role.

Please send your Resume to [email protected]

06/04/2020

If your business is struggling financially at the moment there are various grants and subsidies soon to become available. See the link below to register or speak to someone at Service NSW for more information.
https://www.service.nsw.gov.au/campaign/covid-19-help-small-businesses

26/03/2020

To all of our clients, associates and the general community. We have seen some businesses and people fall on very hard times in recent weeks. Please know that the team at Summit Accounting and Taxation are here to help if you feel there are very few options for you. We have a lot of resources at hand to assist those in need.
Centrelink is making available an urgent Coronavirus assistance package for those who may have lost their source of income. See the link below.

The Australian Government has announced more payments and streamlined claims for people affected by coronavirus.