In a pre-Budget announcement, the Government has committed to a Small Business Energy Incentive Scheme that offers a bonus tax deduction of up to $20,000.
The Small Business Energy Incentive encourages small and medium businesses with…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/06/InstaEnergy_01_Small.jpg890900adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-06-20 08:38:042023-06-15 13:31:41$20k Small Business Energy Incentive
As announced in the 2023 May Budget, from 1 July 2026, employers will be required to pay their employees’ super guarantee entitlements on the same day that they pay salary and wages. Currently, super guarantee is paid quarterly. The Government…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/05/BlogSuper_Small.jpg9891000adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-06-13 08:39:162023-06-01 13:44:30Super to be paid per paycheck and pursuable if owed
Last year we had a double deal of government budgets, and without even coming full circle yet, it's time for this year's budget.
Businesses have limitations and compliance warnings to be aware of,…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/05/InstaBudget.jpg11941206adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-05-10 16:31:172023-06-01 13:46:12Slower asset write offs, some tweaks & changes to tax, and more money for ATO compliance!
For the past couple of years, you may have gotten used to your tax either costing less than you remember, or your refund being more generous. More money for you to spend on necessities, or an extra treat for the holidays.
But that won't…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/05/BlogLMITO_Small.jpg9881000adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-04-24 14:27:332023-06-01 13:45:56Why your tax return will be $1500 worse this year
Thanks for all those who attended our webinar summarising the budget.
A recording is now available below:
For some more details read below:
There is nothing in this Budget that would create a UK style crisis.…
Anthony Albanese has been sworn in as Australia’s 31st Prime Minister and a Government formed. We look at what we know so far about the policies of the new Government in an environment with plenty of problems and no easy fixes.
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/06/Screen-Shot-2022-06-16-at-10.03.11-am.png713951adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-06-16 10:04:562023-06-05 09:35:49What to expect from the new Government
We know that the news can't stop talking about both the fuel excise reduction, and a $250 payment – and with the price of fuel at the moment it's no wonder.This budget is designed to help short term cost of living pressures (and…
The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term.
Key initiatives include:
Extension of temporary full expensing and…
This years budget is all about jobs
In what has been billed as one of the most important budgets since the Great Depression, and the first since the onset of the COVID-19 pandemic dragged Australia into its first recession in almost 30 years,…
How will the 2019 Federal Budget effect me and my business?
Treasurer Josh Frydenberg's main talking point was that this budget will bring us back to surplus.
Back in black, back on track.
Here are the most important bits:
Tuesday night Scott Morrisson handed down what can be best described as an pre-election Budget and in our opinion a very tax centric budget.
No major announcements of increases or decreases in service spend and It is still expected that…
You’ve got clients, you’re making money and you’re paying the bills. But if you don’t have a budget, how do you know your business is on track?
Many businesses make the mistake of not creating a budget, either because they don’t know…
https://www.optimisedaccounting.com.au/wp-content/uploads/2017/10/Index-600x280-Business-budget.jpg280600adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2017-10-30 23:18:382021-12-22 11:09:04Create a business budget in seven simple steps
We have put together a summary of the key tax and financial changes that were announced in last night’s federal budget.
This was Scott Morrison's 2nd budget and is focused on increased transport infrastructure spending which will support…
Below is a summary of the key tax and superannuation changes that were announced in this years federal budget.
There are some wins for business – aimed to stimulate ‘Jobs & Growth’ which was this year's slogan.
There are plenty…
https://www.optimisedaccounting.com.au/wp-content/uploads/2016/06/AAEAAQAAAAAAAAhrAAAAJDEyNzFhN2ZkLWQ5ZjgtNDA2Mi1iOGM2LTBhNjZmZTM4YzJiYg.jpg400698adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2016-06-01 01:55:532021-12-22 11:09:56Your 2 minute guide to the tax and super changes that affect you and your business.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
Essential Website Cookies
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
Google Analytics Cookies
These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.
If you do not want that we track your visit to our site you can disable tracking in your browser here:
Other external services
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
The following cookies are also needed - You can choose if you want to allow them: