Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

GST: Time to Renovate or Detonate?

Two of the biggest changes to Australia’s GST regime came into effect on 1 July 2018, impacting the property sector and overseas online retailers. They follow a legislative trend which is prompting many practitioners to ask, is it time to rethink our indirect tax system?

GST: Time to Renovate or Detonate?

GST: Time to Renovate or Detonate?

Two of the biggest changes to Australia’s GST regime came into effect on 1 July 2018, impacting the property sector and overseas online retailers. They follow a legislative trend which is prompting many practitioners to ask, is it time to rethink our indirect tax system? … Read More

SMSF return due date extended

SMSF return due date extended

The Tax Office has extended to 30 June 2018 the due date for lodging self-managed superannuation fund (SMSF) annual returns for the 2016-17 income year. Thomson Reuters Weekly Tax Bulletin (Issue 3, 19 January 2018) reported that the ATO made this decision in recognition of the major choices that SMSF trustees need to make in this first financial year of […] … Read More

Five steps to attract the accounting clients you want

Five steps to attract the accounting clients you want

Are you stuck saying yes to every opportunity that comes through the door for fear of not having enough work? Don’t let chance determine the kind of work you do. For a truly successful accounting practice, here are five steps to help you attract the accounting clients you want. Luck and chance seemingly play a […] … Read More

Do clients know what makes your accounting firm unique?

Do clients know what makes your accounting firm unique?

What if you could attract the right kind of clients – and keep them coming back? Find out how by following these 10 simple steps to creating your firm’s unique selling point. A common mistake many small- to medium-sized firms make is trying to be all things to all people. By doing so, they promote […] … Read More

The research skills every accountant needs

The research skills every accountant needs

Love it or loathe it, good research skills are something no accounting or tax professional can do without. From researching potential clients to gathering information on the latest commercial trends within a client’s industry, discovering reliable information resources and analysing your firm’s findings, research is a vital part of everyday operations for busy accounting professionals. Tracking down […] … Read More

How social media can help you win accounting clients

How social media can help you win accounting clients

There’s no question that social media is a great networking and recruitment tool. But how can busy accountants use it to market their firm and win clients? Only a third of Australian businesses have adopted a social media presence, but Sensis recently reported that 79% of Australians now use social media. That means many business opportunities […] … Read More