Elysium Accounting & Financial Solutions

🚨 Heads up for commercial property buyers and sellers! Starting July 1, 2024, a new Victorian state tax will affect new owners. Stay informed if you're planning transactions post-July 1! 🏢💼

Click to find out more...

COMMERCIAL AND INDUSTRIAL PROPERTY TAX - Elysium Accounting From 1 July 2024, another Victorian state tax will be triggered for new commercial property owners and it is important for those thinking of purchasing or selling commercial property after 1 July 2024 to be aware of this new tax.

🚨 Tax Tips for Businesses Before 30 June! 🚨

As the end of the financial year approaches, here are some key strategies to consider for maximising your tax savings:

2024 TAX PLANNING UPDATE - Elysium Accounting Leading up to 30 June the question on everyone’s mind is ‘How can I save tax?’ There are a few options for businesses to consider, though everyone’s personal circumstances are different.

A friendly reminder our office will be closed on Monday 10th June for the King's Birthday Public holiday. 🏖📊

Come and visit us at Melbourne Exhibition Convention Centre!🏙️

We are here today and tomorrow 9-5 🎉🚗

Meet us at Stall 45 for your chance to win some exciting prizes📍

The 2024 Federal Budget brings a mix of small wins and continued strategies. While there aren't major reforms for businesses, there are some key highlights:💰📊

- Personal tax rate changes from July 2025 are set to proceed, benefiting all taxpayers.
- The immediate asset write-off for small businesses extended to June 2025.
- Superannuation on paid parental leave starting July 2025.
- Lower indexation rates for HELP debts.
- Energy bill relief: $300 for households and $325 for small businesses.

Plan ahead and feel free to reach out with any questions!

ELYSIUM 2024 FEDERAL BUDGET SUMMARY - Elysium Accounting The Federal Budget released the 2024 Budget and as expected, there are not a lot of changes or reforms for businesses.

Visit our welcoming team at the CommBank SmallBiz Week! Join us as we navigate the expansive world of business financial services and discover strategies to keep your business ahead.

📍 Meet us at stand #45

Register to attend! https://bit.ly/sbw2024

A friendly reminder that our office will be closed on 25/04/2024 for the ANZAC Day Public Holiday🥀

Teed up for some exciting team bonding! 🏌️‍♂️⛳️ Our belated Easter team day was a hole-in-one, filled with laughs, friendly competition, and plenty of delicious food.

As we nurture teamwork on and off the green, remember, we're here to assist with all your accounting needs!🌟📊

We're thrilled to share some exciting news regarding one of our partners, Kellie Clay, here at Elysium Accounting & Financial Solutions. 🔥 📊

As many of you know, Kellie has been diligently serving our clients from her office in Monbulk every second Friday. We're delighted to announce that she will be moving to a new location in Monbulk to better serve you.

New Office Location: Open Door Pantry, 2 David Hill Road, Monbulk 3793.

Kellie's new office space will be operational from May 3rd. 📆

In the meantime, if you require any assistance or wish to schedule an appointment with Kellie before May 3rd, we're happy to accommodate virtual meetings via Zoom or phone call or you can come visit us in Scoresby. Simply reach out to us, and we'll make the necessary arrangements. 💻 📙

Happy Easter!!!🍫🐣

A friendly reminder our office will be closed from Friday 29th March to Monday 1st April.

We hope you enjoy the long weekend!☀️

🌟 Proud to give back to our community with our recent volunteer stint at Ben's Place!🌟

Located in The Basin, this local pantry is a lifeline for those facing food insecurity and mental health challenges. Led by our commitment to social responsibility, our team spent four hours each lending a helping hand. It was humbling to connect with individuals from diverse backgrounds and provide tangible support to over 400 households. Founder Liz Bullen's dedication to honoring her son, Ben, is truly inspiring.

Let's continue to support Ben's Place and make a difference together! 💙

🎨✨ A stroke of creativity, a splash of laughter, and a canvas filled with memories! Our Paint and Sip event, hosted by the amazing Eddie from ArtBar Melbourne , was an absolute hit! 🥂

A huge thanks to all our fabulous clients who joined us for an unforgettable afternoon of artistic expression and camaraderie. 🌟
Here's to celebrating International Women's Day in style and creating beautiful memories together! 🎉

🌸

Less than 2 weeks to go!!! Don't miss out 🏉🏆

Join Our Footy Tipping Competition...Stand a chance to take on the Elysium team and win some amazing prizes along the way🏉🏆

Here's how you can participate:

1. Follow Us on Social Media:
To participate for free, all we ask is that you follow us on at least ONE of our social media platforms: Instagram, Facebook, and/or LinkedIn

2. DM/Email Us "Done":
Once you've followed us on your preferred social media platform(s), send us a direct message (DM) with the word "done" to confirm your participation.

3. Join the Tipping Competition:
We've set up a tipping competition via ESPN footytips (footytips.com.au) that keeps track of all tips during the footy season, allowing you to view your ranking on the leaderboard and gauge the intensity of the competition!

Once steps 1 & 2 are completed, we'll promptly provide you with the "ESPN footytips" link and password to enter the competition.

You may be required to create an account if you do not already have one.

Prizes Await You:

1st Place: $500 Gift Card
2nd Place: $250 Gift Card
3rd Place: $175 Gift Card
Last Place: $75 Gift Card

Important Condition: To be eligible for prizes, please ensure that you remain a follower on your chosen social media platform(s) until the end of the footy season.

🎊✨ Happy Chinese New Year! 🏮

We welcomed the Year of the Dragon with a vibrant and joyous celebration here at Elysium. 🎉 Our team gathered for a special lunch to mark this occasion, filled with laughter, delicious food, and heartfelt camaraderie.

Wishing everyone a year filled with abundance, success, and endless blessings!

Gong Xi Fa Cai! 恭喜发财!

Join Our Footy Tipping Competition...Stand a chance to take on the Elysium team and win some amazing prizes along the way🏉🏆

Here's how you can participate:

1. Follow Us on Social Media:
To participate for free, all we ask is that you follow us on at least ONE of our social media platforms: Instagram, Facebook, and/or LinkedIn

2. DM/Email Us "Done":
Once you've followed us on your preferred social media platform(s), send us a direct message (DM) with the word "done" to confirm your participation.

3. Join the Tipping Competition:
We've set up a tipping competition via ESPN footytips (footytips.com.au) that keeps track of all tips during the footy season, allowing you to view your ranking on the leaderboard and gauge the intensity of the competition!

Once steps 1 & 2 are completed, we'll promptly provide you with the "ESPN footytips" link and password to enter the competition.

You may be required to create an account if you do not already have one.

Prizes Await You:

1st Place: $500 Gift Card
2nd Place: $250 Gift Card
3rd Place: $175 Gift Card
Last Place: $75 Gift Card

Important Condition: To be eligible for prizes, please ensure that you remain a follower on your chosen social media platform(s) until the end of the footy season.

Highlights from our 2024 Puppy Play Date🌟🐕

The best way to start the work day!

A friendly reminder our office will be closed for the Australia Day Public Holiday🌟🍹

The Albanese Labor Government is delivering a tax cut for every Australian taxpayer commencing on July 1.💸📈

These new tax cuts are designed to provide bigger tax cuts to help with cost-of-living, while making our tax system fairer.

See the proposed tax rates below!⬇️

The debate over subcontractors and employees is heating up!

Recent rulings from the State Revenue Office are causing waves in the medical clinic industry, where doctors contracting their services may now be seen as employees for payroll tax. 🏥💼👨‍💼

SUBCONTRACTORS - Elysium Accounting doctors who contract their services to the clinics in most cases will be deemed employees for payroll tax

The ATO’s data shows the average refund has dropped by $580 this year! 💸

While not a surprise to us, the data confirmed what has been a nasty shock for many clients that their refunds have reduced significantly this year.

Want to know more, click below⬇️

ATO DATA SHOWS AVERAGE TAX REFUND HAS DROPPED - Elysium Accounting The ATO’s data shows the average refund has dropped by $580 this year. There are two main reasons for this drop

📚✨ Proud to collaborate with Bullseye Gifts for all our promotional needs! These branded notebooks are just a glimpse of the quality work they do. As an accounting firm, we know the importance of precision and attention to detail, and Bullseye Gifts always delivers.

💼🤝

Grateful to our amazing clients and referrers who joined us at the Kooyong Classic 2024! 🙌🎾

Your support and presence made it even more special. Here's to more memorable moments together! 🥂📸

A reminder that some significant changes occur to Victorian property owners for the 2024 year. ⏰🌟

From 1 January 2024, the land tax property thresholds have been reduced significantly which means that more properties will incur land tax than ever before. This has been well publicised and is hopefully well known to property owners, even if unwelcome news. 📄

Please click on the link below for further information!
https://elysiumafs.com.au/reminder-of-land-tax-deadline/

Dear Valued Clients and Partners,

As the year comes to a close, we want to take a moment to express our sincere appreciation for your trust and support throughout this year.

In the spirit of the holiday season, we'd like to inform you that our office will be closed for the Christmas break from 12pm Friday December 22nd, 2023, and will reopen on 9am Monday January 8th, 2024. During this time, our hardworking team will be taking a well-deserved break to recharge and spend time with their loved ones.

If you require any accounting or financial assistance before our closure, please reach out to us, and we'll be glad to assist you.

Happy Holidays from Elysium! 🎄✨

📣 Don't let your tax return sneak up on you like Santa Claus! 🎅📅 The lodgement due date is May 15, 2024 🦆✉️

Our expert team at Elysium is here to help you sleigh your taxes and ensure you're on the nice list this tax season. 📊💼

Don't wait until the last minute; contact us today to get started on your tax return and enjoy a stress-free holiday season! 🎁📝

Meet Leann, the Heart and Soul of Elysium's Accounting Team! 🌟
With over 15 years of dedication and expertise, she's the financial wizard behind our success. Join us in celebrating her commitment to excellence. 📙🎉

Teamwork makes the dream work! 💪🏼🌟 Let's keep the good times rolling. 🎳🍔💼