Google to charge GST from November 1st 2016

Google announced last week that as of 1 November 2016, the company will be charging Australian customers 10% GST as they “will be bound by the terms of the contract and will be providing the service to you and invoicing you for the service.” So what’s the change? Google has been using companies in Ireland […]

The Top Five Most Overlooked Tax Deductions

An employee searches for overlooked tax deductions to maximise his tax return

Boost your tax return this year with the top five most overlooked tax deductions. When it comes to your yearly tax refund it pays to remember that every little bit helps! While each extra deduction  may be relatively small, in total they add a significant boost to your refund. For someone earning $50,000 per year, […]

Making sense of the Super Reforms

Understanding the Superannuation Reforms If you are waiting for the Australian superannuation reforms announced in the Budget to pass Parliament before working out what they mean to you, you might miss out on any opportunities available. When enacted, the reforms will represent the single biggest change to superannuation since its inception. While there has been […]

Getting the most out of your Accountant

Growing businesses rapidly find they need the services of an accountant in order to help them manage the finances of their business. But which services do you actually need, how should you pay for them, and how do you make sure you’re getting good value for money? Here’s our top 5 tips for getting the most […]

Claiming Work Travel Expenses

If you travel or are on the road for work purposes, it’s likely you can claim related expenses on your annual tax return. In many cases employers may cover the costs of petrol and accommodation but there are others expenses you’re likely to be able to claim on incidentals you incur yourself. Below is a […]

The Tax Chooks – Checklists

TAX CHECKLISTS Contact Affinitas Accounting for a helpful advice to make sure you don’t pay too much tax. Our checklists are available at https://www.agilisca.com.au/resources/checklists/  

The Tax Chooks – Rental Property Reporting

Don’t get things wrong with your Rental Property Reporting Declare all rental property income in your tax return Claim expenses! Claim depreciation on building and fixtures Get in touch with Affinitas Accounting for your rental property Depreciation Reports and Deduction Checklists

Tax Planning for the future

  Let tax planning be more than just getting a bigger refund It’s the first quarter of the new financial year. It’s the best time to sit down and start to map out your financial year goals and ensure you’re headed on the right track. While we all love spending money on what we need now, tax […]

Claiming home office expenses in your 2016 tax return

  Many aren’t aware that they can claim home office expenses.  Whether your self-employed, a business owner or an employee – do you perform some of your work from home? If you do, here is a quick summary of the tax rules, and what home office expenses are allowed. Even if the room in your […]

Client of the Quarter April – June

At Affinitas Accounting we like to share and celebrate our clients success. Congratulations to Russell and Tracey from Garry’s Mechanical Repair on being our clients of the quarter!