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Are you ready for Single Touch Payroll?

Single Touch Payroll Rede Accountants Gold Coast, Brisbane & Byron Bay The ATO has mandated that every employer needs to electronically report wages, tax withheld and superannuation for every employee on every payday. Have they gone crazy? The ATO claim there will be more regular and better reporting and no need to produce annual PAYGW […]

Franking Credits and the Fuss.

Franking Credits and the Fuss. Rede Accountants Gold Coast, Brisbane & Byron Bay You have probably seen in the press the growing debate about Labour’s policy to eliminate tax refunds resulting from excess franking credits. Let’s discuss what franking credits are and how tax refunds can result. If you invest in a company like Commonwealth […]

Structuring Your Business – The Pros and Cons

Structuring Your Business – The Pros and Cons Rede Accountants Gold Coast, Brisbane & Byron Bay   Business Establishment /Business Setup– Pros and Cons. When structuring your business you have 4 main choices: Company Trust Sole trader Partnership So which is the best option when structuring your business? Everyone’s circumstances are different. There is no ‘one […]

How to Read a Balance Sheet: Updated Nov 2018

How to Read a Balance Sheet Updated Nov 2018 Rede Accountants Gold Coast, Brisbane & Byron Bay   You receive your annual financials from your accountant and read the profit and loss statement and glance at the mysterious balance sheet. Most people don’t understand the significance of the Balance Sheet and yet it is just […]

Case Study: Surviving growing your business

Growing your business and surviving the pain you experience in your cash flow A Case Study Rede Accountants Gold Coast, Brisbane & Byron Bay   You’re looking at growing your business but know that the costs come before you generate additional revenue. On paper you might be making a profit, cash flow wise you are […]

How can an Accountant Help Your Business?

How can an Accountant Help Your Business?   Rede Accountants Gold Coast, Brisbane & Byron Bay   How can an Accountant Help Your Business? A lot more than you think!  Business people understand their accountant each year prepares financial statements and tax returns for the business and their family. Rede Accountants can be a far […]

Buying a business or a buying a job?

Buying a business or a buying a job?   Rede Accountants Gold Coast, Brisbane & Byron Bay   These days job security is difficult to obtain. Businesses may go broke, get bought out or scale down their activity levels. Employees leaving their positions often have to decide whether they seek alternative employment or buy/set up […]

Airbnb and the Hidden CGT Implications

Airbnb and the Hidden CGT Implications   Rede Accountants Gold Coast, Brisbane & Byron Bay   Airbnb is becoming a popular choice for some Australian families looking to earn some extra income. Spare rooms can be rented out without the longterm commitment of a housemate and holiday homes that would normally remain vacant for most of the year […]

Key factors for rescuing a bad debt deduction

Key factors for Rescuing a Bad Debt Deduction   Rede Accountants Gold Coast, Brisbane & Toowoomba   It is very often the case that unpaid debts owed to a business can have a significant impact on cash flow and the ongoing profitability of a business. In a taxation context, the characterisation of a particular debt […]

Fringe Benefits Tax (FBT)

Fringe Benefits Tax (FBT)   Rede Accountants Gold Coast, Brisbane & Toowoomba   What is It? Fringe Benefits Tax is a tax levied on employers who provide NON CASH BENEFITS to their staff. It can also apply where employees direct the benefit to other people such as their spouse or other relatives. Unlike cash benefits […]

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