It’s that time of year and there are plenty of opportunities just around the corner, sometimes you just need to be looking for them. We’ve been preparing for our Christmas closure for the past month and working towards clearing our books to kick off the new year fresh. We hope all of our clients … Read more
Clayton
Clayton Wood
Clayton has run Business Edge Advisors since 2013. The practice has been on the border since 1988, and he took it over with the same idea it started with: a business owner should be able to ring their accountant and get a straight answer.
Most of his week goes on trade and small business owners around Albury and Wodonga, working through the things that actually decide whether a year went well. What structure to be in, what to do before 30 June, and whether the numbers on the screen mean what the owner thinks they mean. He writes here about the questions that come up most often, in the same words he would use across the desk.
Registered Tax Agent 20651000. Level 1, 561 Olive Street, Albury NSW 2640.
What he writes about
- Tax, which is mostly what you can claim, what gets knocked back, and what changed this year.
- Xero and bookkeeping, for owners who would rather the software did the work.
- Business planning, being the part that happens before the numbers are already bad.
- Individual returns, because a lot of business clients started as a personal return.
SuperStream is a new Government reform to simplify the superannuation system and make the payment and reporting of super contributions more efficient. Under the SuperStream reform super contributions MUST be made electronically and pass through the SuperStream Network. The Cooper review defines SuperStream as “…a package of measures designed to bring the back office … Read more
Bookkeeping and end of year document preparation can be time consuming and mind numbing for many people. The options on how to get yours ready year in and year out also seem endless. It’s not about what works for someone else; it’s what will work for you, your business and your future. What Are Your … Read more
For November & December we’re offering Quickbooks Online Free to all new subscribers that sign up as either current or new clients. QuickBooks Online offers an integrated payroll solution from Keypay with its simple and easy to use bookkeeping software. Best of all, for small businesses with under 10 employees; there is no additional cost to … Read more
Are you a Business Owner? Do you have an SMSF (Self Managed Super Fund)? Thinking about increasing your Wealth? Do you need an accountant that thinks outside of the box and has your future in mind? Did you know that unlike residential property, you can purchase commercial property that is in use by a fund … Read more
You never know what you might find at the Henty Machinery Field Days, including some of your local friendly Business Edge Advisors from Albury. We were there for all three days and enjoyed it all, taking it all in from sunny Tuesday to the rain on Thursday. We used this time as an opportunity to … Read more
Do you work, then the answer is probably YES. In previous years the ATO has targeted a specific industry areas, like School Teachers, Tradies and Truck Drivers. This year however the ATO intends to target specific work related expenses instead and this means they are more likely to be targeting you and your Tax Return. … Read more
Did you miss our advertisement on Channel Ten during the Commonwealth Games this year. We pride ourselves on being different and not your average accountant, we can talk in a language that helps you get and understanding of more than just numbers and a Tax Return. Get more results and look for more advice and … Read more
CommSec: Australia is poised for more economic growth, are you ready for growth? Despite the toughest budget in years CommSec believes that the Australian economy is relatively strong with a predicted economic growth rate between 2.75 and 3.0 percent. You and your business need to be ready for change at every corner and as your … Read more
Living in Albury Wodonga has its perks, with some of the highest growth and investment opportunities for rental markets in Australia. A Rental Property can be a great investment and it can also help your Tax Return and be very advantageous for people with high taxable incomes when it comes to holding a property that’s properly … Read more