Tax Return 2020-Working From Home
- On Sep, 21, 2020
- Connor Krohn
We have introduced a shortcut method to simplify how you calculate your deduction for working from home. This method is temporary and only available for the period 1 March to 30 September 2020. All employees working from home in this period can use this method.Using this method, you can claim 80 cents per hour for each hour you […]
Continue Reading...Accountants -Mernda
- On Sep, 20, 2020
- Connor Krohn
The Lock down state of Victoria, The Director of Northcity Accountants says ” A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty“, Northcity Accountants managed to do Tele Tax in the Mernda community, with Tele Tax with state of the art tax preparation software-LODGEIT You can do tax […]
Continue Reading...Tax Accountants-Epping Covid 19 Plan
- On Sep, 20, 2020
- Connor Krohn
Northcity Accountants believe COVID 19 will not stop the growth of the company, The Founder Julius Mather says” you will never get to the end of the journey if you stop to shy a stone at every dog( COVID19) that barks -with lockdown in Victoria. The Boss of Accounting Business in North of Melbourne thinks […]
Continue Reading...COVID 19 -Tele Tax -South Morang
- On Sep, 20, 2020
- Connor Krohn
Today’s world there was already a fundamental shift underway in the workforce as new technologies and thoughts on workplace culture started to change the way we work. The Covid-19 pandemic accelerated these changes at Northcity Accountants a nearly unimaginable pace. The Workforce Wire is tailored news and information specifically for employers and executives to keep […]
Continue Reading...How Australian Tax Started & Northcity Accountants Role as Tax Agents
- On Aug, 16, 2020
- Connor Krohn
At the end of the nineteenth century each of the six Australian colonies had distinct tax systems, which were almost entirely reliant on customs and excise duties. Consistent with most industrialised countries, Australia’s tax take (measured as the tax to GDP ratio) grew significantly over the twentieth century, in line with the expanding role of […]
Continue Reading...Tele Tax Returns
- On Jul, 30, 2020
- Connor Krohn
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 […]
Continue Reading...Accounting-14th Century old
- On Jul, 12, 2020
- Connor Krohn
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 […]
Continue Reading...Tax Agents Epping
- On Jul, 12, 2020
- Connor Krohn
We educate, influence and assist businesses towards growth and success through our cost-effective tax advice and compliance support”. Tel 1300 123 TAX
Continue Reading...tax return 2020
- On Jul, 10, 2020
- Connor Krohn
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 […]
Continue Reading...SMSF Auditor-Melbourne
- On Jul, 05, 2020
- Connor Krohn
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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