AccuRight Business Advisors & Tax Agents

14/07/2023

12/02/2017

Revitalize your skin with Mbiri's beautiful body lotion; a lightweight moisturiser that will leave your skin feeling soft and nourished...

03/01/2017

03/11/2016

CLIMATE CHANGE
Well done Leonardo di Caprio, you have taken what was under the table and brought it to light for all.

Please watch this Documentary:

https://www.google.com.au/amp/thenextweb.com/shareables/2016/10/31/national-geographic-dicaprio-documentary/%3Famp%3D1

National Geographic just made Leonardo DiCaprio's climate change docufilm 'Before the Flood' available on YouTube and Twitter.

07/07/2015

Happy birthday Albert Green!!!
May the day and year bring you lots of joy and happiness.
Kind regards,
Herman Ferreira

07/07/2015

Happy birthday Vee Kelly!!!
May the day and year bring you lots of joy and happiness.
Love & regards,
Herman Ferreira

25/05/2015

TAX TIP SIX

Investment Property

Do repairs and maintenance work after the property is rented out, so that all the expenses can be claimed in the same tax year. If you do the repairs and maintenance before the property is rented out, it would be classed as "initial repairs" and can only be depreciated.

At AccuRight we can help you maintain your investment property in the most tax effective and profitable way.
Feel free to contact us on
07 3088 3720 or
03 9948 4017 or
[email protected]

24/05/2015

TAX TIP FIVE

Small Business Tax Depreciation

June is the best month of the year to purchase assets for a Small Business. Retailers want to maximise their sales for the financial year therefore they offer healthy discounts. Plus the Small Business can claim an immediate depreciation of 15% in this financial year and 30% depreciation in the following financial year for assets costing more than $20,000 and an immediate write off for assets costing less than $20,000. That's a huge tax saving with a very healthy affect on cashflow.

At AccuRight we can prepare a depreciation schedule and provide you with a Cashflow Forecast with "What if" analysis to help you make the best decisions for your business. Feel free to contact us on
07 3088 3720 or
03 9948 4017 or
[email protected]

23/05/2015

TAX TIP FOUR

Investment Property:
To Repair or To Replace

Remember if you replace the kitchen or bathroom with a brand new one it becomes a new asset which has to be depreciated over its life expectancy. The costs cannot be written off in one year.

However, if you only fixing certain elements in the bathroom or kitchen to their original status the costs can be written off in the year you've incurred the expenses.

At AccuRight we can help you maximise your tax refund for your negatively geared investment property. Feel free to call us on
07 3088 3720 or
03 9948 4017 so
that we can discuss
your investment's tax situation or send us an email ([email protected]) with your questions.

22/05/2015

TAX TIP THREE

Start a small business today if you are age 40 - 55 and you'll have it completely Capital Gains Tax free after 15 years. What a nice addition to your retirement fund!!!

If your business has owned an asset for 15 years and you are aged 55 years or over and are retiring, or if you are permanently incapacitated, you won’t have an assessable capital gain when you sell the asset.
https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Small-business-concessions/CGT-concessions-for-small-business---overview/?page=2

At AccuRight we can help you setup the most tax effective business structure. Automate your accounting system so that you can spend time working on your business. Most of all we'll show you how to grow your business with our +30 years of Business Development experience. We can be contacted on 07 3088 3720 or 03 9948 4017 or [email protected]