How to lodge a BAS in two minutes

You know how most small business owners hate paperwork and tax? Well, what we do is help them reduce both. In fact, we recently met a small business owner who used to have to allocate a whole day each quarter to doing his BAS. We showed him how to do it in 5 minutes AND … Read more

Why am I paying tax (Australia)?

By Jarrod Rogers CPA For most taxpayers in Australia, lodging a tax return means getting some money back from the government. In fact, according to statistics from 2009, 84% of taxpayers received refunds, and of the rest, 4% had no tax to pay. (Source: ATO website ) So it comes as a shock to find … Read more

When is my BAS due September 2013?

The due date of the September 2013 BAS is 28 October 2013… BUT you may be entitled to an extension. Plus, the September BAS is the only BAS that gives you the chance to switch to the easiest possible GST method that can cut your paperwork by half. Extension for lodgment of BAS September 2013 … Read more

Can I buy gold with my superannuation?

The short answer is “yes”, there are several ways to use your super to buy gold. Read on to find out how. It wouldn’t take Sherlock Holmes to conclude that people are worried about the global economy, and its effect on their super. Between 2001 and 2007 the Australian Stock Exchange was booming, and super … Read more