Dauters Accounting Services

Unexpected tax consequences! ✂️

Accountants cautioned on ‘unexpected tax consequences’ with Division 7A loans The ATO has reminded tax professionals about the critical requirements for correctly managing Division 7A loans for their clients.

Want to save $34,000 in tax each year? Read this to find out how!

How to save $34,000 in tax each year with a trust In Australia we pay a lot of tax, and while tax is important at some level, paying more tax means slower progress getting ahead with your money.

The ATO is chasing $34 billion worth of debts owed by small businesses and self-employed Australians, which had been put on hold since COVID 📑

Read more here:

As the ATO comes 'out with a vengeance', more small businesses are going under The ATO is chasing more than $34 billion in debts owed by small businesses and self-employed Australians that were put on hold during the pandemic, sending some businesses to the wall.

Wishing everyone health, wealth, and endless joy in 2024.
Happy New Year! 🥳

Wishing everyone a Diwali filled with love, laughter and the sweetness of festive treats!
Happy Diwali 🪔

The ATO has made changes for how you submit your tax return! 🏦

This includes:
1. Work-from-home expense changes
2. Car expense changes and
3. Superannuation claim changes

New ATO rules for 2023: How the way you claim tax has changed Here are three changes the ATO has made for how you submit your tax return.

Crackdown on businesses altering sales records! 🔨

"Full force of the law" against SMEs using tech to avoid tax The Serious Financial Crimes Taskforce is targeting businesses using electronic sales suppression tools to cook up false tax records.

Further insights into work-related claims...

The full list of claimable items is available on the ATO website! 💼📌

ATO expects an influx of over 14 million returns It's tax time, and Australians should be aware that the Australian Taxation Office (ATO) will be closely monitoring all claims, especially those related to work expenses, ensuring they are legitimate and within the rules.

Are you confused by what you can or can't claim on your tax return? Here's a rundown...

Please feel free to contact us if you have any questions! 🏦

Tax time has arrived. Here's what you can and can't claim as a deduction Tax time has arrived. Here's what you can and can't claim as a deductionBy Savannah Meacham • Associate Producer7:09am Jul 1, 2023 Tweet Facebook Mail The end of financial year is here and it's time to start lodging tax returns but you might be questioning what you can and cannot claim.With wor...

New changes affecting the household budget have come in with the start of the financial year, including:

- a rise in minimum wages
- pension changes
- help for homebuyers
- cheaper childcare

Have a read to find out more! 🏡💵

Cash boost for millions of Aussies from today July 1 brings plenty of changes that impact the household budget. Here’s everything you need to know.

Something to keep in mind as we approach the tax season...

Wait to lodge your tax return in order to have all the pre-filled information available and to avoid processing delays and follow-up questions!⏳️

Avoid lodging returns too early, warns ATO Waiting for all pre-filled data to be gathered before lodging is the best way to avoid processing delays and follow-up questions, says the Tax Office.

Wishing you all a happy and prosperous start to 2023 📈🥳

A belated very merry Christmas from us to you! 🎄🎁

More than 10 million Australians are eligible for tax offsets upon filing their tax returns this year. See if you are one of them! 🙌

One-off $1500 cash splash confirmed for millions of Aussies. Here’s the breakdown Money will begin hitting Australian bank accounts within days - but experts say it’s short term gain for long term pain.

Business owners! 📌
The South Australian government has announced grants for businesses affected by COVID restrictions.
Grants are targeted at hospitality, tourism and gyms, but affected businesses in other industries may also be eligible via an application process.
See the article below for more info!

SA gyms, hospitality businesses to receive cash grants Grants for gyms, pubs and other businesses affected by South Australia's density restrictions begin next week.

Merry Christmas! We hope everyone is having a wonderful holiday, stay safe! 🎄🤶

Wishing everyone a very very Happy Diwali!

Dauters Accounting Services is now on WhatsApp.

Lockdown has ended!
We look forward to welcoming everyone back into the office and ask that you please wear a mask throughout the appointment as mandated by SA Health Guidelines.
As always, phone appointments are still available! 😊

COVID UPDATE!
Dauters Accounting Services will be closed for the next 7 days due to the SA lockdown. We are currently in the process of contacting everyone with existing appointments. Thank you for understanding.
Stay safe everyone 🤗

Tax season has well and truly begun!
Contact Sandeep at 0416 215 353 for an insight into how you can maximise your tax deduction claims. Phone appointments available.

Dauters Accounting Services Public Accountant & Registered Tax Agent

Dauters Accounting Services updated their business hours.

Tax season is just around the corner and we thought we’d share particular claims the ATO is keeping an eye out for this year:

- Work from home claims: Did you know that there has been a ~40% leap in work from home expenses during COVID lockdowns?! Consequently, certain deductions e.g. travel and car expenses, are also expected
- General work-related expenses: The ATO urges reporting of cash income, and income from odd jobs, including platforms such as Uber, Uber Eats, Deliveroo and Airbnb
- Rental property claims: Illegitimate claims on rental properties have come to light, including claims related to renovations in personal homes being declared as related to the rental property
- Cryptocurrency capital gains or losses: there has been a significant increase in people investing in cryptocurrency - good records need to be maintained and reported!

Check out the following article for more info and, as always, contact us if you have any questions! 😃

These are the common tax time deductions the ATO is watching closely As millions of Australians prepare for tax time, the Australian Taxation Office (ATO) is warning people against making unsubstantiated deductions.

Looking for strategies to minimise tax and retain more of your disposable income? Income splitting might be for you!
Book an appointment with Sandeep at 0416 215 353 today to see how we can help you put these strategies into place.

Income splitting strategies to save you thousands in tax There are strategies you can adopt to maximise income splitting and pay less tax.

OPENING HOURS… are flexible! 👏🏽👏🏽
As someone who knows what it’s like to manage a desk job during the day and stay true to family / other commitments in the evenings, our accountant, Sandeep, well understands what it means to be busy. He is more than happy to accommodate clients and their hectic schedules, be it through a face to face appointment or a phone consult.
We are even open this upcoming public holiday on Monday, the 8th of March! 🙌🏽🙌🏽

🥳🎉 NEW LOGO ANNOUNCEMENT 🥳🎉

If you haven't spotted it already, we finally have a logo! Despite several differences during the design process, when it came to decision making time, all of us came to the same conclusion, and this is the final result! 🙌🙌

We are still working on revamping our physical and online spaces, but are most certainly taking appointments, in person and also via phone - contact Sandeep at 0416 215 353 for further information.

Dauters Accounting Services updated their website address.

Happy New Year!