Negotiis Advisors

Be sure to pencil these key dates into your calendar for this month to avoid getting yourself into hot water with the ATO!

For any questions you might have relating to your business accounting, please reach out to our friendly & expert team via [email protected]

📣 Reminder: We'll be closed for Australia Day tomorrow and will reopen on Monday morning (Jan 29th).

Please be sure to reach out to us today with any urgent queries ✨

The Medicare levy is the amount you pay in addition to the tax you pay on your taxable income.

Find out more about levy and if you might be eligible for an exemption or reduction here

Medicare levy Find out about the Medicare levy and if you are eligible for an exemption or reduction.

Keeping accurate and complete records helps you meet your tax, super and employer obligations - ultimately keeping you and your business out of trouble with the ATO!

Have a read through these guidelines to make sure that you're on track for success 😎

https://www.ato.gov.au/businesses-and-organisations/preparing-lodging-and-paying/record-keeping-for-business

Record keeping for business Keep accurate and complete records helps you meet your tax, superannuation and employer obligations.

Returning to your business after the holidays with a thorough check of these areas will help you start the new year on solid ground, ensuring that your main operations are in order.

For personalised insights and guidance specifically applicable to your business, consider consulting with your trusted accountant.

Success begins with serious planning and attention to detail!

Are you contemplating a fresh business venture this year? Take a moment to consider these crucial factors before diving in.

https://www.ato.gov.au/businesses-and-organisations/starting-registering-or-closing-a-business/starting-your-own-business/before-you-start-a-business

Before you start a business Tax, super and registration obligations you need to consider before you start a business.

We're back in action and ready for a HUGE 2024!

Whether you're looking for business growth and development opportunities, tax optimisation strategies, help with navigating challenges or simply having expert advice to rely upon, we're here to help you reach for the stars ✨

We've even got some exciting news ourselves to share with you along the way and WE CAN'T WAIT to let you in on it!

To get your business off to a flying start, reach out to our team of experts via

📞 (03) 9394 7024
📩 [email protected]
🌐 https://www.negotiis.com.au/

Stay on top of your game this year!

Mark these crucial ATO dates in your calendar so you can't forget 🗓️

Please note our adjusted office hours across this festive season 📣

Our office will be closed from 5:30pm next Wednesday, the 20th of December and we will reopen on Monday the 8th of January.

Please be sure to contact us with any queries prior to Dec 20th.

Book in your start-of-year planning appointment with your accountant now before the break commences to ensure that you are set up for success upon your return ✨

- Team Negotiis

Home - Negotiis Advisors At Negotiis, we're Accountants and Business Advisors but we’re not afraid to redefine the word “accountant” because we’re so much more than just accountants.

Christmas parties, staff bonuses, client gifts...🎄 The festive season is a great time to enhance your team moral, celebrate the year that has been and express your gratitude to your clients, but what can you actually claim?

Our best advice? We recommend speaking to your accountant before spending anything this holiday season, to make sure that your festive cheer aligns with the ATO.

We're only a phone call away! 📞 (03) 9394 7024

We also offer a free consultation for new businesses, so don't wait - get in contact with our friendly team of experts today!

[email protected]

In today's dynamic landscape a resilient business is the key to weathering storms, adapting to change and giving you the best shot at long-term success.

A resilient business can withstand challenges, recover swiftly and seize opportunities. It's about strategic planning, financial fortitude and of course - a proactive mindset!

So, what makes a resilient business?

🏥 Constant health checks and thorough reviews
☠️ Risk assessment
💰 Cash flow projections
📖 Strategic planning and
🆘 Emergency fund evaluation

are amongst the items that help to build your business's resilience.

It's an investment in sustainability, agility and the ability to navigate the unpredictable 💪

To start safeguarding your business and securing success, reach out to our team of experts via [email protected] to organise your complimentary consultation.

www.negotiis.com.au

Here's your friendly reminder about some essential ATO deadline dates coming up in November.

Remember, meeting these deadlines is essential to avoid penalties - don't let them sneak up on you!

- 11 Nov - Quarter 1 (July–September) Activity Statements: Final date for lodgment and payment

- 21 November - Lodge and pay October monthly activity statements.

- 28 Nov - Superannuation

If you need assistance or have any questions, don't hesitate to reach out to our friendly team of experts 😊

📞 (03) 9394 7024
📩 [email protected]
🌐 https://www.negotiis.com.au/

As a small business, your accountant should essentially be seen as a trusted partner - a true extension of your team.

Here are 4 'must ask' questions to ensure that you gain the most from the relationship you share with your accountant 👇

In amongst the excitement of the Grand Final and the beginning of daylight savings, don't forget to pencil these important dates in your calendars for October:

📣 21 October:
- Activity statements & PAYG due dates

📣 28 October:
- Activity statements, GST & GST instalments, PAYG instalments, Superannuation due dates

📣 31 October:
- PAYG withholding, GST, Income tax, TFN Report & Annual Investment Income Reporting due dates

Failure to meet these requirements set out by the ATO can result in serious penalties to your business. For assistance with preparing these documents or specific advice in relation to your business, please reach out to us - we'd love to help!

📞 (03) 9394 7024
📩 [email protected]
🌐 https://www.negotiis.com.au/

You can potentially claim car expenses on your tax return if you use your car for work related purposes, however there are specific rules and guidelines you must follow and not all car expenses are deductible 💰🚙

Here are some key factors to consider:

- Work related travel includes traveling between different work locations, visiting clients or customers, or transporting work equipment or tools.

- In order to claim car expenses, you must maintain detailed records of your car usage including dates, distances traveled and the purpose of each trip.

📣 Tip: Keeping a logbook is a common method of record keeping.

- Claimable expenses typically include fuel, maintenance and repairs, registration and insurance, depreciation (if you own the car), and lease payments (if you lease the car).

- There are two methods to calculate car expenses: the "cents per kilometer" method and the "logbook" method.

For more information on what you could potentially be claiming and how to keep adequate records to support your claims, reach out to our friendly team of experts via [email protected]

Big win alert for our happy clients! 📣

We've managed to secure the substantial amount of $36k in tax savings for one of our delighted small businesses. We uncovered some valuable deductions and optimised their tax structure, resulting in a positive outcome.

As a small business owner, extra 💰💰 means you can invest in GROWTH, including hiring, training and development, marketing and so much more.

Reach out to our team of experts for help with your tax via 📩 [email protected]

Our mission is to empower our business clients to build, grow and secure their maximum wealth.

With our expert guidance and tailored strategies that we work with you to create, you'll harness new opportunities, maximise your profits and create financial legacy that lasts - one in which you are proud of 💪

If you're ready to take action and start building your financial future today, reach out to us at 📩 [email protected] or visit our website to see how we've helped other businesses just like you!

https://www.negotiis.com.au/

What a fantastic night we had out as a team at the Wyndham Business Awards on Friday with great company, an inspiring atmosphere and unforgettable memories 🫶🏽

Congratulations to all of our fellow finalists and winners ✨🙌

You might have 99 problems but won't be one if you follow these 6 tips...👌

Follow us on IG for more.

The stats are in: This year, individual taxpayers using a registered tax agent are experiencing a substantially better result, with an average return of $2,669 against $2,228 for those completing their return by themselves.

The biggest downfall for those individuals completing their return themselves has been that they are not aware of changes to the low to middle income tax offset, or because they don’t know what they can claim and aren’t keeping accurate records.

If you're yet to complete your tax return, you can book in now via https://www.negotiis.com.au/

Home - Negotiis Advisors At Negotiis, we're Accountants and Business Advisors but we’re not afraid to redefine the word “accountant” because we’re so much more than just accountants.

🗓️ Mark these ATO deadlines in your calendars for August:

11 August - Quarter 4 (April–June) activity statements – final date for lodgment and payment
14 August - PAYG withholding final date for lodgement
21 August - July monthly activity statements (final date for lodgment and payment) + GST
28 August - Superannuation

Failure to comply with key lodgement and payment deadlines can result in fines from the ATO.

Stay compliant and keep on top of your business 📅💼

For help, contact us on 📞 (03) 9394 7024 or email your enquiries through to 📩[email protected]

https://www.negotiis.com.au/

Our money management tip of the day ☝️

- Regularly revisit your budget
- Make changes accordingly
- Track your expenses weekly to avoid large discrepancies

For help, contact us at [email protected]

.