We provide accounting and taxation services, and we have a dedicated and highly skilled group of professionals ready to help you navigate Australia’s complicated tax system.
Our mission is to provide the best outcomes for our clients, provide a challenging and rewarding environment for our staff and to give something back to the community we live and work in, through sponsorships and pro-bono work.
We are a proactive and innovative accounting and business advisory firm providing accounting,
taxation and other services for small business and other clients.
We can provide advice on asset protection, estate planning, family tax benefits, salary sacrifice and anything else related to employee income
Asset protection can be a very important component of a business structure to protect you and your family’s assets.
Property investment has become very popular in recent years with a larger percentage of the population purchasing a property to rent.
Bayside Business Accountants can provide advice on compliance or establish a new fund for you.
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Employers with 19 or fewer employees are required to start reporting through Single Touch Payroll (‘STP’) from 1 July 2019.
Read MoreJune 2019 Practice Update covers following points:
- Single Touch Payroll Update
- Employees and payment summaries
- Cryptocurrency data matching program
- Tax office to double audits of 'dodgy' rental deductions
- Paying super to backpackers
- New rules for immediate write-offs
The transaction and use of cryptocurrency in Australia are evolving rapidly. If you’ve bought, sold or even traded using cryptocurrency, you have a tax obligation to retain records. Here are a few essential tax tips that you need to consider if you have made a profit by trading in cryptocurrency:
Read More- Changes to the small business instant asset write-off.
- Tax scammer alert.
- Non-complaint payments to workers.
- What’s new for Australian business.
Most businesses – be it small or big – struggles with cash flow gap at some stage. However, it can be really detrimental for a small business.
Here we have listed down a few common causes that widen that cash flow gap:
-Division 293 assessments.
-Claims for home office expenses increased.
-MYEFO report.
-Taxation of income for an individual’s fame or image.
Click here for January/February – 2019 Practice Update
Uber is looking for more drivers and Airbnb is seeking more hosts, but what are the implications of becoming part of this new ‘sharing’ economy’?
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It wasn’t that long ago that most websites were simply electronic brochures. They simply listed the who, what and where of the business but times have changed.
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According to the Assistant Commissioner of Taxation, Tom Wheeler, over 400 small to medium sized enterprises are about to receive a visit from the ATO as part of a crackdown on cash based businesses.
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