Goodridge Advisory

Some of the team celebrating

Congratulations to Teigan on celebrating 5 years at Goodridge Advisory today 🎉🍾🎊

Some more photos of Brian’s trip

JOB VACANCY: SENIOR ACCOUNTANT
Are you sick of wasting hours each day travelling and keen to find a role with good work/life balance? Goodridge Advisory in Bella Vista is looking for a Senior Accountant to join its tight knit team. You'll work in a modern office two minutes from Bella Vista station with a rapidly growing team and you'll have exposure to multiple facets of accounting. You'll bring the following to the role:
◾A can-do attention-to-detail achiever who is a team player
◾Degree qualified in accounting
◾Skilled with a minimum 4-5 years’ work experience in an Australian public practice
◾Aware of issues relating to Div 7A, CGT, payroll & superannuation
◾Able to show ownership of your workflow
◾Completed or almost complete CA/CPA qualification.
Find out more & apply: https://hillsdistrictmums.com.au/goodridge-advisory-2/

A few pics from Brian’s week so far!

Employers: It’s time to finalise your employees’ Single Touch Payroll data! ⏰

Make sure you’ve finalised by 14 July. Find out more at www.ato.gov.au/Business/Single-Touch-Payroll/Start-reporting/End-of-year-finalisation-through-STP/

Are you across what you can and can’t claim on your tax return? Brushing up on the three golden rules can make tax time easier!

Before you make a claim for your work-related expenses, remember to double check that:
✔️ you spent the money yourself and weren’t reimbursed
✔️ they are directly related to earning your income (like your new compulsory uniform with the company logo on the front 👕)
✔️ you have a record to prove it.

Learn more about the deductions you can claim at www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/

Tax time is here – but not so fast! ✋

If you wait until late July before lodging, most of your info will be pre-filled for you! This includes your employment income, bank interest, private health insurance, dividends, and most government payments you may have received.

All you’ll need to do is check your info, add anything that’s missing, include any deductions – and you’re done! 🙌🥳

Tip: Avoid needing to make changes later by making sure all your income statements are marked as ‘tax ready’ before your lodge ✔️

To find out more, visit www.ato.gov.au/Individuals/Your-tax-return/How-to-lodge-your-tax-return/Lodge-your-tax-return-online-with-myTax/Pre-filling-your-online-tax-return/

Invested in crypto assets this financial year? 📈💻

Crypto asset sales, transfers and swaps count as a disposal for capital gains tax purposes. That’s why it’s important to have your records sorted!

To learn more about the records you need to keep, visit www.ato.gov.au/Individuals/Investments-and-assets/Crypto-asset-investments/Keeping-crypto-records/

Goodridge Advisory updated their information in their About section.

💻📈 Do you invest in crypto assets?

If you’ve sold, transferred or swapped crypto assets this income year, you’ll need to work out if you’ve made a capital gain or loss.

You can make it easier by keeping track of:
📅 the dates of your transactions
💰 their values in AUD
🧾 receipts
🗒️ details of any other costs.

To find out more, visit www.ato.gov.au/general/gen/tax-treatment-of-crypto-currencies-in-australia---specifically-bitcoin/?page=4

At the going down of the sun and in the morning, we shall remember them. Lest we forgot.

Sick of scrambling to find your receipts at tax time? 😒🧾

Getting prepared is easy using the ATO app! Our myDeductions tool helps you to keep your records, like photos of your receipts and invoices, in one place.

To find out more, visit www.ato.gov.au/General/Online-services/ATO-app/myDeductions/

Happy Easter! Please take note of our office closure this long weekend. We hope you have an enjoyable & safe Easter break

COVID-19 tests you purchased for work purposes are now tax deductible! 🧾🧪

You can claim a deduction for any tests you paid for from 1 July 2021, as long as you:
• used the test for a work-related purpose
• had a qualifying COVID-19 test, such as a PCR test or a rapid antigen test
• have a record of your purchase
• were not reimbursed for the cost by your employer.

For more info, visit www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Other-work-related-deductions/COVID-19-test-expenses/

2022-23 Budget explained with everything you need to know summarised!

Check it out below ⬇️
https://goodridgeadvisory.com.au/wp-content/uploads/2022/03/2022-3-Federal-budget-Updated.pdf

goodridgeadvisory.com.au

Whether you’re flying interstate for a conference, or driving to see a client, you might be able to claim a deduction. ✈️🚗

Just make sure that the expenses are related to your work duties, and that you’re keeping detailed records. Remember, you can’t claim a deduction where the travel is paid for or reimbursed by your employer.

To learn more about what you can claim, visit www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Transport-and-travel-expenses/

Happy Thursday, nothing better than some puppy love at the office 🐾

Haven’t got your tax information in yet? This is your reminder that we can help! Contact us so we can help you identify what you need for your tax return

Blockchain, minting, staking 😵‍💫

There’s a lot to get your head around before you start investing in crypto!

From capital gains and losses, to your cost base and what records to keep, we have the info to get you crypto and tax ready.

Read more at https://community.ato.gov.au/s/article/a079s0000009GmxAAE/crypto-and-your-taxes

remember to keep your personal tax records for 5 years.

Did you know the ATO has an mobile friendly app where you can upload pictures of your receipts and it will record everything for you? Then at tax time all you need to do is generate the spreadsheet from the app and email the summary directly to us! Want to know more about the app? Contact us today!

some of the team rocking our new G.A hats! 🤩

We know many of you are working from home, but don’t forget to keep a diary of this information, you’ll need it for your tax return. The future you will thank you! Don’t know what information to record? Contact us!