TRAK Accountants

How to set up your Director ID
Directors are now required to register for a unique identification number that they will keep for life. All directors of a company registered Australian body, a registered foreign company, or an Aboriginal and Torres Strait Islander corporation will need a director ID.
More information: https://www.trakaccountants.com.au/blog/id/
📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

How to set up your Director ID - Tax Accountants Varsity Lakes & Robina Business Tip - Directors are now required to register for a unique identification number that they will keep for life.

TAXING BITCOIN
Cryptocurrencies, like Bitcoin, are independent and not regulated by any central authority. Until recently, these digital currencies were not treated in the same way as cash for tax purposes in Australia.
More information: https://www.trakaccountants.com.au/blog/taxing-bitcoin/
📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

Taxing Bitcoin - Tax Accountants Varsity Lakes & Robina Tax Accountants Varsity Lakes & Robina - Tax Planning - Cryptocurrencies, like Bitcoin, are independent and not regulated by any central authority.

TIPS FOR BUSINESS DEVELOPMENT：
Here are a few tips for business development：
More information: https://www.trakaccountants.com.au/blog/tips-for-business-development/
📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

TIPS for business development - Tax Accountants Varsity Lakes & Robina

ATO’S LATEST TRUST POLICY UPDATE IN 2022!
In late February 2022, the ATO released tax policy changes that would stop the usual trust distributions to family members. This is one of the most important developments in trust taxation in over 20 years.
More information: https://www.trakaccountants.com.au/blog/atos-latest-trust-policy-update-in-2022/
📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

ATO's latest trust policy update in 2022! - Tax Accountants Varsity Lakes & Robina In late February 2022, the ATO released tax policy changes that would stop the usual trust distributions to family members. This is one of the most important developments in trust taxation in over 20 years.

BENEFITS OF MANAGEMENT REPORTING:
What you can acheive from management reporting?
More information: https://www.trakaccountants.com.au/blog/benefits-of-management-reporting/
📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106
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BENEFITS OF MANAGEMENT REPORTING:

WHEN DO WE PAY TAX IN A FAMILY TRUST?
When do we pay tax in a family trust? This article will help you understand through four examples.Only pay tax on the income that is earned in the Family Trust.
More information: https://www.trakaccountants.com.au/blog/when-do-we-pay-tax-in-a-family-trust/
📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

When do we pay tax in a Family Trust? - Tax Accountants Varsity Lakes & Robina

𝐂𝐡𝐚𝐧𝐠𝐞𝐬 𝐭𝐨 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐓𝐚𝐱 𝐑𝐚𝐭𝐞𝐬 – 𝐋𝐞𝐬𝐬 𝐓𝐚𝐱?
Company tax rates are reducing for some businesses – is yours one of them? Tax planning now can help you plan ahead for your tax liability and create effective tax minimisation strategies. Get in contact to start your 2021 tax planning today.

More information: https://www.trakaccountants.com.au/blog/changes-to-company-tax-rates/

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

Changes to Company Tax Rates – Less Tax? - Tax Accountants Varsity Lakes & Robina

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐝𝐞𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐢𝐨𝐧? 𝐀𝐧𝐝 𝐰𝐡𝐲 𝐢𝐭’𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭.
When you first start your own business, calculating depreciation can seem impossibly complex – but getting it right has real business benefits. Find out more about the ins and outs of depreciation.

More information: https://www.trakaccountants.com.au/blog/what-is-depreciation/

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

What is depreciation? And why it's important. - Tax Accountants Varsity Lakes & Robina When you first start your own business, calculating depreciation can seem impossibly complex – but getting it right has real business benefits. Find out more about the ins and outs of depreciation.

𝐎𝐯𝐞𝐫𝐬𝐞𝐚𝐬 𝐠𝐢𝐟𝐭𝐬 𝐚𝐧𝐝 𝐥𝐨𝐚𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭
The ATO has recently issued an alert on gifts or loans from overseas.

More information: https://www.trakaccountants.com.au/blog/overseas-gifts-and-loans-in-the-spotlight/

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

Overseas gifts and loans in the spotlight - Tax Accountants Varsity Lakes & Robina

𝐓𝐚𝐱 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐍𝐨𝐫𝐦𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐂𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲
The Australian Taxation Office recently updated its guidance on tax and cryptocurrency.

More information: https://www.trakaccountants.com.au/blog/tax-and-the-normalisation-of-cryptocurrency/

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

Tax and the Normalisation of Cryptocurrency - Tax Accountants Varsity Lakes & Robina The Australian Taxation Office recently updated its guidance on tax and cryptocurrency.

𝐇𝐨𝐰 𝐭𝐨 𝐬𝐞𝐭 𝐮𝐩 𝐲𝐨𝐮𝐫 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 𝐈𝐃
Directors are now required to register for a unique identification number that they will keep for life.

More information: https://www.trakaccountants.com.au/blog/set-up-your-director-id/

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

How to set up your Director ID - Tax Accountants Varsity Lakes & Robina

Melbourne Cup! 🐎🐎
What a thrill, and absolute pleasure to have all our friends in one spot on this special day📣📣

🥳🥳Very grateful with how the day went, big thanks to Robina Pavilion

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

𝐀𝐫𝐞 𝐲𝐨𝐮 𝐩𝐚𝐲𝐢𝐧𝐠 𝐭𝐨𝐨 𝐦𝐮𝐜𝐡 𝐭𝐚𝐱?
Feel like too much of your hard earned income is spent on ? While tax is inevitable, we can review your financial affairs and ensure you’re paying only what you need to while remaining compliant. to find out about our Tax Review service!

More information: https://www.trakaccountants.com.au/blog/are-you-paying-too-much-tax/

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106

Are you paying too much tax? - Tax Accountants Varsity Lakes & Robina

📣📣 Varsity Lakes Rotary in action at the Varsity Lakes International Street food and Entertainment Festival.

A huge thanks to all of you who attended today's event! It was so much fun, and I hope everyone had an enjoyable time. 🥳🥳

📌Contact us today at https://www.trakaccountants.com.au/blog/landing-page
or Give us a call on 07 5512 6106