AMH Accounting

11/05/2025

Lets just remember a couple of things 1) 3mil may sound like a large super balance but for most people in their 20’s and 30’s over a 35 year working career with inflation that balance is a reality. Careful what you vote for, for your kids 2) Governments in Australia are slow to roll back bad policy, if ever 3) Taxing unrealised gains on uplift in value before selling the property) yes you read that right 😱 4) As a kicker if your property falls in value you don’t get the extra tax back you paid on the unrealised gain…..

The question on every Aussie's mind 👀🤑 Read more: https://trib.al/D83u0Kf

06/05/2025

Last week we had a first. A new client came in and said these words. “My current accountant cannot be doing a good job as they don’t charge me enough. I don’t think they spend enough time on my file”.! I was gob smacked… This client had a great understanding of their own affairs and enough knowledge to come to a likely conclusion like this.

04/05/2025

We hope all taxpayers have read the fine print that Labor’s $1,000 “cost of living” deduction doesn’t come into effect until 2027 tax year. Yeah that helps the cost of living doesn’t it.. 🫣🤓👀

I hope they also realise it is instead of claiming individual work-related expenses and not on top.

Buckle up it’s going to be fun.

Labor will introduce a $1,000 instant tax deduction

25/03/2025

$999 million over four years to the Australian Taxation Office (ATO) to extend and expand tax compliance activities.

This measure is estimated to increase tax receipts by $3.2 billion over five years from 2024–25 and GST by $1.4 billion

25/03/2025

$20k Instant Asset Write-Off not extended to 2025-26 tax year.

26/11/2024

Best free range meat around. Give Forage Farms a try and at 20% it is win all around.

24/10/2024

Great studio to to train at and a fantastic offer! Been going for more than 4 years