A phishing email claiming to be from the ATO is currently circulating.
The email claims that the recipient is entitled to a tax refund and states they should click the embedded link and complete the online form.
Do not click on the link inthe email as it opens a fake webpage that will attempt to obtain your tax file number.
The ATO will never email you asking for personal or credit card details and you should never provide this information. If received you should delete the email immediately.
More info from ATO
If you have any questions, please don’t hesitate to give us a call on (07) 3357 5553.
It’s that time of the month again..
Small Businesses remember to lodge your BAS by 28th October.
Did you know if you lodge your BAS through a Tax Agent you get an extended due date until 25th November?
If you would like some assistance lodging your BAS this quarter give our office a call (07) 3357 5553.
Spring into action with your finances
With spring now upon us and Christmas fast approaching, now is a great time to re-evaluate your finances. For those of us who usually don’t pay much attention to our financial situation, Spring is a great time to stop and take some time to streamline it and making things easier to understand and manage. Consider implementing these 5 key strategies:
1. Get organized. If you are still using a manual system (aka the shoebox) now is the time to upgrade. Set up a basic filing system to include monthly bills, statements, tax return copies and receipts. That way, when tax time rolls around, you’ll be prepared. And you’ll save heaps of time when you know where to find it.
2. Review bills for hidden fees. Over time many companies introduce sneaky fees and increases that may slip by. Take some time to review your bills and statements to see if any strange fees have been charged and sort them out.
3. Shop around for deals. Make sure you’re paying as little as possible for on your services like Insurance, Foxtel, mobile phone and even credit cards. Sometimes when switching suppliers you can get introductory deals or big reductions in what you’re paying now. If you do make a switch, try to avoid signing a long-term contract, which can make it tougher to jump ship should you find something better down the road.
4. Look for your money leaks. Disorganized finances can develop leaks. Look for areas where you could plug these and save some money. If you rent a storage unit for all that “stuff” you never use, clean it out, sell what you can and donate the rest. Sell unwanted items, look at ways to save electricity to reduce bills and if you don’t have one already, set up a simple budget so you can track where the money is going – you might be surprised!
5. Put a limit on your activities. Set an annual limit for your activities and stick to it. If you limit yourself to an annual contribution, you can justify resisting those impulse decisions you feel the urge to make when you’re in a hurry or on the spot.
Effectively managing your finances can seem difficult and time-consuming, but the reward justifies the effort. Once you’ve set up system that works for you, make sure you stick to it. Set yourself up for financial freedom today.
If you’d like to discuss these or other ways we can help, give us a call on 3357 5553.
5 tips to slash costs this year
Cost cutting is high on the agenda for business owners at the moment. Nina Hendy outlines why slashing costs is a favourite pastime of business owners as the new financial year rolls around, with most businesses able to reduce costs by about 18 per cent, according to cost cutting firm Expense Reduction Analysts. Immediate savings are commonly found in electricity, insurance, telecommunications, office supplies and recruitment, ERA general manager Brett Coulston says.
If you’d like to discuss these or other ways we can help, give us a call on 3357 5553.
Is your business keeping up with all the changes in technology?
Do you scratch your head with all this social media and SEO stuff?
In the first of our Business Development Workshop series, our very own marketing consultant, Julie Pidgeon of 360 Results will be sharing with you some expert tips on how you can future-proof your business.
Find out what digital marketing is all about and get some practical tips on how you can strengthen your strategy and market position now, and into the future.
In this 90 min workshop, you will learn:
- what digital marketing is and why you need to be doing it
- the essential elements for your digital marketing campaign
- how to build a strong online presence
- how to achieve digital domination!
Wednesday 24 July
6pm to 8pm
Refreshments and light snacks provided
Cost $49 per head
at our office: 235 Stafford Road, Stafford
07 3357 5553
NUMBERS ARE LIMITED!
Please RSVP by 17 July to
or call us on 07 3357 5553
Here’s what some of Julie’s clients had to say:
“Mind officially blown! Today I spent the afternoon with Julie who, without question, is the guru of all things website optimisation, marketing and business strategy.”
“Working with Julie was the best decision I could have made for my business. She helped me to get to Page 1 of Google, set up and manage social media, connect with the right people and networks, give me ideas for growing the business and most importantly, increase sales!”
Julie Pidgeon is an accomplished marketing consultant having worked with some big name brands including Telstra. Her work has featured in Smarter Business Magazine, Y Magazine and she was nominated for the 2013 Australian Writers Centre Best Australian Blog Award. She is also currently a nominee for the 2013 Sunshine Coast Business Woman of the Year.
Julie works with small business owners to empower them with the knowledge and skills they need to build a better business. She has worked with a range of businesses and industries, both in Australia and overseas, for over 20 years, specialising in Strategy and Digital Marketing.
Talk to us – we know how to save you tax!
There’s some sweet new tax breaks for small businesses and we can help you make the most of what’s on offer.
For example, did you know that as a small business you could effectively get an immediate tax write-off of up to $5000 if you buy a ute? Or a massive refund on some of that tax you paid last year? Or even reduce your capital gains tax if you sell your business? There are some handy tax breaks around, but to take advantage of them you need to know what they are.
So if you want to minimise your tax bill, now is the time to plan how you’ll use these tax tactics. Check out this great article from Smarter Business Magazine then give us a call to book a meeting with John.
>> READ MORE
With the end of the financial year fast approaching, now is the time to start thinking about tax!
Or if you prefer not to, then let us do it! Book in now for a tax planning session with John and see how you can save. Call us on 07 3357 5553 or email email@example.com
In the meantime, here’s John with 4 quick tax tips and some good news on how he can help you reduce your tax.
Here at Sciacca’s Accountants + Advisers we are committed to working with clients to help them navigate through financial issues.
It was really lovely to receive this testimonial from one of our valued clients and we wanted to share it with you.
If you would like to see what we can do for you, please get in touch.
“If you’ve yet to experience applying for a Commonwealth Senior Health Card, or for a pension, be prepared for a mountain of form filling and financial enquiry. An exercise not for the faint hearted or those of us with less than perfect financial expertise. Worse is to come if you happen to be a self funded retiree, or own your own business. That’s another pile of paper, and more interaction with Centrelink.
We turned to our accountants, Sciacca’s, who were not only able to navigate us through the paper minefield, but were also in an informed position to inject the right numbers in the right boxes, so simplifying and smoothing the process.
Sciacca’s have also taken on the role of our financial planners, preparing us for income support during our retirement. It makes good sense to have your business, or personal, accountancy firm also working to maximise your retirement benefits, including the balancing act required to ensure you receive all the Commonwealth benefits you are entitled to with other, supporting, income streams.
There is no organisation better qualified in understanding your financial position and lifestyle requirements than your own accountant. To us, it was a no-brainer to combine the expertise of our accountant with our need for sustainable retirement planning.”
Ian and Kate McLean, Directors, McLean Advertising Pty Ltd