Try looking in the monthly archives. July 2020

Tele Tax Returns

TeleTax is now available from Tax Accountants at Northcity Accountants, This includes the conduction of Accountants & Tax Agents or related Tax preparation activities, online. TeleTAX can be a cost-effective, real-time, and convenient alternative to the more traditional face-to-face way of providing Tax Agents Services, professional advice, and education. It can help remove some of […]

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Accounting-14th Century old

The history of accounting or accountancy is thousands of years old and can be traced to ancient civilizations. The early development of accounting dates back to ancient Mesopotamia, and is closely related to developments in writing, counting and money and early auditing systems by the ancient Egyptians and Babylonians. By the time of the Emperor […]

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Tax Agents Epping

We educate, influence and assist businesses towards growth and success through our cost-effective tax advice and compliance support”. Tel 1300 123 TAX

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tax return 2020

As 14 million Australians begin pulling together their records for tax time, the Australian Taxation Office (ATO) is advising people to wait until the end of July 2020 before lodging returns, in order to minimise errors. Key points: The ATO says people need to take care they have all information needed before lodging returns or […]

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SMSF Auditor-Melbourne

Borrowing and Limited Recourse Borrowing Arrangements SMSF, generally, are not allowed to borrow money. A limited recourse borrowing arrangement is an exception. Borrowing and Limited recourse are when an SMSF borrows money to buy an asset. Here, if the SMSF defaults on the loan, the right of the lender is limited to the recovery of […]

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SMSF Auditor-Property Purchase

While the SMSF can purchase a residential property from a non-related third party, it cannot purchase a residential property off a member or related person of the member. An SMSF can, however, purchase listed shares or business real property (commercial and industrial) off a member. Ask our SMSF Auditor Julius Mather 03 9404 2737

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