KRS Accountants

Preparation of summary reports detailing the performance of a business over a specified time frame using a range of tools such as Key Performance Indicators, Trend Analysis and Balanced Scorecards

Preparation and lodgment of taxation related documents including but not limited to: – Income Tax Returns – Business Activity Statements – Proactive Tax Planning – Payroll – Research & Development

Click below to receive a free sample report regarding the health of your business.

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ACTION REQUIRED: TAX PLANNING TIPS AND OFFER FOR 2023

Hope you had a good Easter break We would like to help you to reduce your tax in 2023 – allowing you to:  Reduce your home loan or credit card debts Top up your Superannuation Save for a holiday  Build a deposit for an Investment Property Pay for your children’s education Upgrade your Car  Tax Read more about Action required: Tax planning tips and offer for 2023 […]

TAX TIP: CHANGED RECORD KEEPING REQUIREMENTS FOR WORKING FROM HOME

The ATO recently released a draft tax guidance (PCG 2022/D4) for claiming tax deductions for working from home You need to be aware of these changes so that you can keep the appropriate records to maximum your tax claims in your 2023 Tax Return WHAT ARE THE KEY CHANGES? From 1 July 2022, the ATO Read more about Tax Tip: Changed Record Keeping Requirements For Working From Home […]

HOW WILL THE LATEST FEDERAL BUDGET IMPACT YOU?

What the 2022 Federal Budget Means for You The Treasurer, Dr Jim Chalmers, handed down his first Federal Budget (an updated budget for the 2022/23 financial year) on Tuesday evening The good news: there were hardly any tax or superannuation changes impacting small or medium size business The bad news: with interest rates rising, high inflation and labour costs rising, Read more about How Will The Latest Federal Budget Impact You? […] Feel free to use the checklists below to assist in collecting your year end documents: Checklists Business Financial Accounts & Tax Is it tax deductible? Items to consider Property Investor Guide Homeoffice expenses (including COVID19 changes)

Happy new financial year! (22/23)

Action required: Tax planning tips and offer for 2022

There will be many tax changes announced which may impact you after the recently released 2022 Federal Budget and upcoming Federal Election We would like to help you to reduce your tax in 2022 – allowing you to:  Reduce your home loan or credit card debts Top up your Superannuation Save for a holiday  Build a Read more about Action required: Tax planning tips and offer for 2022[…] With a Federal Election due in the next 8 weeks, the Morrison Government made its bid for re-election with the following headline announcements in the Federal Budget released on Tuesday 29 March 2022:  Petrol tax slashed by 22 cents per litre for 6 months from Budget night 10 million low and middle-income earners will receive Read more about 2022 Federal Budget[…]

Updated key state & territory business assistance packages

This is a brief update summarising key state assistance packages on offer as at 27 August 2021:   NSW:     COVID-19 Business Grant NSW:     JobSaver payment NSW:     COVID-19 Micro-business Grant NSW:     Small business fees and charges rebate VIC:       Small Business COVID Hardship Fund QLD:      2021 COVID-19 Business Support Grant Read more about Updated key state & territory business assistance packages[…]