Symes Accountants Blog

12 February 2018 by Symes Accountants
Superannuation is the most tax effective home for your retirement savings. Let's take a look at some of the myths and misconceptions that are floating around about super.
12 September 2018 by Symes Accountants
Have you considered the who, what, when, how of your business in the future? Succession planning is a family discussion you NEED to have - so why not start today.
20 November 2018 by Symes Accountants
Many employers offer salary packaging to attract and retain employees with additional benefits. If it's done well it can be good for both the employer and the employee.
10 December 2018 by Symes Accountants
Small businesses are likely to find themselves kept busy with the progressive transition to the STP system and new rules designed to beat Australia's 'black economy'.
11 December 2018 by Symes Accountants
The retail sector is experiencing a dramatic shake up with massive growth in online shopping indicating a shift in how consumers interact with products, sales and spaces.
14 January 2019 by Symes Accountants
We hear the phrase 'New Year, new you' bandied around but you're not an apartment on The Block getting ready for major renovation on January 1st. Own your goals!
16 January 2019 by Symes Accountants
Investors started 2018 full of hope, with the global economy and financial markets in good shape, but by year's end they were uncertain and a little anxious about what lay ahead.
28 January 2019 by Symes Accountants
Planning to launch a new website or refreshing an existing one? Make sure you understand the tax implications and what you can claim for.
12 February 2019 by Symes Accountants
With almost 4 million Australians making work-related car expense claims, the Australian Tax Office has the practice in it's headlights.
5 March 2019 by Symes Accountants
With small business votes likely to be a key battleground during the Federal election campaign, the Morrison Government has announced its first tax sweeteners.
12 March 2019 by Symes Accountants
Tax time comes around with alarming regularity, so why is it that we tend to wait till the 11th hour to get all our affairs in order? Let's look at some tax strategies.
25 March 2019 by Symes Accountants
It can take many years and a lot of hard work to build a successful small business. When you finally decide it's time to sell, tax is often the last thing on your mind.
9 April 2019 by Symes Accountants
If you haven't heard about the introduction of Single Touch Payroll (STP) it might be a good idea to keep reading as this new system starts on 1 July 2019.
23 April 2019 by Symes Accountants
Agile businesses often seek big outcomes through visionary goal setting. But before setting stretch goals for your team, make sure you have the resources and the track-record.
8 May 2019 by Symes Accountants
As the end of financial year approaches, there's no better time to give your business a financial fitness check to see where your business is sitting.
14 May 2019 by Symes Accountants
While it may be tempting to tack a holiday onto your next business trip, make sure you know what you can and can't claim as the ATO cracks down.
22 May 2019 by Symes Accountants
Higher tax offsets for low and middle income earners and a cut in the tax rate for SMEs are just some of the benefits on offer from the re-elected Morrison Government.
4 June 2019 by Symes Accountants
The ATO has announced a crack down on rental properties, work-related deductions and cryptocurrency. Everything you need to know with the end of financial year approaching.
13 June 2019 by Symes Accountants
The end of financial year can sometimes feel like a race to the finish. Read through our tips for both businesses and individuals to help you cruise through to the finish line.
8 July 2019 by Symes Accountants
With an increase in claims each year, the ATO has announced it will be cracking down on clothing and laundry expenses. Find out what you can and can't claim this tax time.
17 July 2019 by Symes Accountants
Tax time can often feel like a hassle, but it's all worth it when that tax refund lands in your account. So, what's the best way to spend it?
23 July 2019 by Alison
Symes Accountants hosted local high school student, Alison for a week of work experience in July. Below is her personal overview of her experience with our team.
29 July 2019 by Symes Accountants
Do you have an tax debt owing to the ATO? Overwhelmed and unsure of your options? Don't panic - the ATO is more inclined to help if you act promptly.
6 August 2019 by Symes Accountants
The STP reporting clock is ticking. Are you ready? The ATO is making some allowances for small business owners, but only for a limited time.
12 August 2019 by Symes Accountants
GST reporting can be time consuming, especially for small businesses. But there is a simpler way to separate business and private expenses.
19 August 2019 by Symes Accountants
Time performs best when we invest it wisely, so understanding the principals of time investment could leave you with more hours in the day to pursue the things you love.
3 September 2019 by Symes Accountants
Personal tax cuts are now law but the ATO is also taking a tougher line on taxi claims and the black economy. Let's take a look at some of the other developments in the world of tax.
9 September 2019 by Symes Accountants
Negatively gearing an investment property is viewed by many Australians as a tax effective way to get ahead. Always make sure it's the best investment strategy for YOU though.
25 September 2019 by Symes Accountants
Side hustles are a great way to expand your skills, pursue your passions or provide a little extra cash. Here are some tips to help you fit it all in, and not break the bank in the process.
30 September 2019 by Symes Accountants
There are a lot of backroom tasks involved in running a business but developing good habits can help your business thrive. We look at the 5 top signs.
8 October 2019 by Symes Accountants
Deciding if someone is an employee or a contractor causes a lot of confusion, but getting it wrong can be costly. Do you know the difference between the two?
14 October 2019 by Symes Accountants
Small businesses in some sectors are doing it tough, if you are feeling the pinch there are a number of strategies you can introduce to get your company back on track.
5 November 2019 by Symes Accountants
The lure of greater control over your retirement savings with an SMSF may be enticing you need to ensure you comply with the rules.
19 November 2019 by Symes Accountants
Too often businesses fall short of their goals because they don’t understand how to acquire and interpret data. Plan, evaluate and change your metrics to suit your goals.
26 November 2019 by Symes Accountants
If you're planning to throw a Christmas party for employees or give out gifts, you need to understand the tax implications for your business.
3 December 2019 by Symes Accountants
Summer holidays are just around the corner but it’s business as usual for the ATO. Here is a roundup of some of the latest tax developments.
10 December 2019 by Symes Accountants
With Christmas approaching it’s natural to want to give to family and those in need in a meaningful way, but don’t lose sight of any tax considerations.