Category Archives: Uncategorized

Looking to Grow your Business

Welcome to Accountants & Tax Agents Pty Ltd, an innovative accounting and business advisory firm that specialise in helping ambitious business owners. You’ll find we do more than just ‘keep the score’ for our clients and it’s our services beyond tax returns and financial statements that distinguish us from other accounting firms. Situated in South Morang […]

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Tax Return 2020-Working From Home

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 […]

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Accountants -Mernda

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 […]

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Tax Accountants-Epping Covid 19 Plan

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 […]

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How Australian Tax Started & Northcity Accountants Role as Tax Agents

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 […]

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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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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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