June 21, 2019

Prepare for the New Financial Year

In the pre-30 June period, we help many businesses prepare by highlighting the key areas that should be thought about, considered and actioned before 30 June to ensure that their business is ready. We’ve found that there are three main areas that businesses should focus on before the end of the financial year to help ensure success in the upcoming one.
June 20, 2019

Super Contribution Tax Deductions

With the end of the financial year quickly approaching, you may be thinking about the tax deductions you could be eligible for. Personal super contributions can be one area that you may be able to claim a tax deduction in if you have contributed to your super fund (other than employer paid superannuation).
May 23, 2019

How Business Tax Debt Can Affect Your Ability to Borrow

Tax debt is hard to talk about. The ATO can now report tax debts to Credit Reporting Bureaus, which can affect your credit score and ability to get finance.
May 17, 2019

Vinnies CEO Sleepout

Thousands of Australians face homelessness each night, a number that, as far as the Walker Hill Chartered Accountants team is concerned, is far too high. To help combat this issue, we are participating in the Vinnies CEO Sleepout again for the fifth year running.
May 16, 2019

What’s New In Small Business? The ATO Business Benchmark Tool

If you make up part of the 2.1 million Australian small businesses currently operating, then there are some exciting tools and updates being released by the Australian Taxation Office (ATO) that will help you to benchmark your business against others in your industry and track your tax information with less effort and using just your mobile phone.
May 1, 2019

Three Signs That It’s Time… To See Your Accountant

Visiting your accountant isn’t always on the top of your To Do list. However, having regular touch points with one of your most trusted advisors is the best way to ensure that you’re on track for your future ambitions, compliant and, overall, making it count.
April 16, 2019

Stopping Your Cashflow Woes

Cashflow, or the movement of money within your business, is an essential component for your business’ success. Not only that, but your cashflow is a good indication of the current performance of your business. If you have negative cashflow, then you’re spending more than what you’re bringing in. If your cashflow is positive, then you’re making more than what is going out – which is a main goal for your business.
April 16, 2019

Fringe Benefits Tax | The Full Breakdown

Fringe Benefits Tax (FBT) is the tax payable by employers for benefits paid to an employee in place of salary or wages, such as salary sacrifice schemes and fuel tax credits. With the FBT year coming to an end on 31 March, it’s time to think about lodging if this tax applies to you.
April 4, 2019

2019 Federal Budget

Tuesday night was marked in the Walker Hill’s team calendar as a must-do event and, as accountants, it’s one of our favourite times of the year – Budget Night! Between the Here-Here’s, budgeting increases and decreases, and pizza and beers put on for the team, we also spent the evening understanding what changes will be coming our way and how they will affect you.