Simple Solutions Accounting Services

Simple Solutions Accounting Services Registered Tax Agent, Tax Return Services, Tax Return Preparation for Individuals and Small Business

Registered Tax Agent, Tax Return Services, Tax Return Preparation for Individuals and Small Businesses, Chartered Accountant, Small Business Advisory. See www.simplesolutionsaccounting.com.au for more information.

New financial year, fresh opportunity to get your business systems working properly. The start of FY27 is a good time to...
16/07/2026

New financial year, fresh opportunity to get your business systems working properly.

The start of FY27 is a good time to reset, review your numbers and make sure your business is set up for the year ahead.

Whether your focus is growth, better cash flow, cleaner bookkeeping or staying on top of tax and compliance obligations, taking a few proactive steps now helps reduce pressure later.

Some smart ways to stay ahead for the new financial year:

✅ Use receipt scanning apps to simplify your record keeping

✅ Schedule regular check-ins with your accountant to stay on track

✅ Set clear financial goals, budgets and business plans for FY27

✅ Review your superannuation strategy, including contribution caps, before making extra contributions

✅ Review your business and personal insurance cover

✅ Check whether your business structure still suits your goals, income and risk

✅ Review planned asset purchases and check current instant asset write-off rules before spending

A little planning now makes a big difference at tax time and throughout the year.
Need support with your FY27 business planning, bookkeeping, tax strategy or compliance obligations? Get in touch with Simple Solutions Accounting Services. We’re here to help you stay organised and confident for the year ahead.

📞 (08) 9474 4505
🌐 https://simplesolutionsaccounting.com.au/

Employers, this is one of those important July payroll tasks worth ticking off early.Single Touch Payroll (STP) finalisa...
09/07/2026

Employers, this is one of those important July payroll tasks worth ticking off early.

Single Touch Payroll (STP) finalisation declarations for the 2025–26 financial year are due by Tuesday 14 July 2026.

Completing your STP finalisation ensures your employees’ income statements are marked as “Tax Ready” with the ATO, allowing them to lodge their tax returns without delays.

Before you finalise, it’s important to review your payroll data carefully, including wages, PAYG withholding, superannuation and any reportable fringe benefits. Accurate reporting helps avoid errors, amendments and unnecessary stress later.

Missing the STP finalisation deadline or submitting incorrect information can delay your employees’ tax returns and create additional compliance issues for your business.

For more information on STP finalisation requirements, visit the ATO website:

https://www.ato.gov.au/businesses-and-organisations/hiring-and-paying-your-workers/single-touch-payroll/start-reporting/end-of-year-finalisation-through-stp

Proposed tax changes are moving again, and business owners should keep an eye on what happens next.At a press conference...
06/07/2026

Proposed tax changes are moving again, and business owners should keep an eye on what happens next.

At a press conference in June, Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced adjustments to several federal budget measures, including proposed changes affecting capital gains tax concessions, small business turnover thresholds, start-ups and discretionary testamentary trusts.

A few key points:

✅ The active asset CGT reduction turnover threshold is proposed to increase from $2 million to $10 million.

✅ A new CGT concession is proposed for innovative start-up businesses, including a 50 per cent CGT discount for early stage investors, founders and employee share scheme participants.

✅ Minimum tax exemptions are proposed for income from discretionary testamentary trusts established for genuine testamentary purposes.

For small business owners, investors and those with trust structures, the key message is to stay informed and avoid making rushed decisions while these proposed tax changes continue through consultation and negotiation.

Read more here:
https://www.accountantsdaily.com.au/tax-compliance/22563-labor-changes-course-on-trust-changes-cgt-concessions-increased-turnover-threshold

These are not yet legislated - but rest assured, once the updated legislation is enacted, and we’ve wrapped our heads around it - we will keep you updated.

𝗛𝗮𝗽𝗽𝘆 𝗡𝗲𝘄 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗬𝗲𝗮𝗿! 🤍Fresh year, fresh start, fresh spreadsheet energy.Here’s to a clear, calm and productive year...
01/07/2026

𝗛𝗮𝗽𝗽𝘆 𝗡𝗲𝘄 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗬𝗲𝗮𝗿! 🤍

Fresh year, fresh start, fresh spreadsheet energy.

Here’s to a clear, calm and productive year ahead.

Happy FY27!

Stay tuned - we will keep you up to date with the legislation changes as they happen, and how they affect you.

97% On-Time Lodgement! A big thank you and a big celebration for the SSAS team.We’re proud to share that 97% of our clie...
29/06/2026

97% On-Time Lodgement! A big thank you and a big celebration for the SSAS team.

We’re proud to share that 97% of our clients’ tax returns were lodged on time this year. The required benchmark is above 85%, so this is a fantastic achievement and a real credit to the care, effort and organisation that went into the lodgement season.

To our SSAS team, how good are you?

Absolute superstars who worked so hard to get everything across the line. We appreciate the attention to detail and commitment behind every lodgement.

To our clients, thank you too.

Getting your information in early makes a real difference. It helps avoid ATO penalties, supports smoother processing and gives us the best chance of lodging your returns on time.

If this year felt a little stressful, now is a good time to think about how we can make next year simpler and more organised.

Please get in touch if you’d like help planning ahead.

📞 08 9474 4505
🌐 https://simplesolutionsaccounting.com.au/

25/06/2026

CGT Changes have passed both houses. Read more - Accountants Daily

Big changes could be on the horizon for small businesses following the 2026-27 Federal Budget announcements.These announ...
24/06/2026

Big changes could be on the horizon for small businesses following the 2026-27 Federal Budget announcements.

These announcements still need to pass through the Federal Parliament before becoming law, so it’s important not to rush into decisions without advice.

Some of the key announcements that affect small businesses include:

✅ The $20,000 instant asset write-off becoming permanent for eligible small businesses.

✅ Proposed changes to discretionary trust taxation from 1 July 2028.

✅ The reintroduction of loss carry back for eligible incorporated entities.

✅ Refundable tax losses for some start ups from the 2028-29 tax year.

✅ PAYG installment reforms from 1 July 2027, giving businesses the option to move to monthly instalments.

✅ Company reporting requirements simplified

For more on this visit the Small Business Development Corporation WA website - they have put together a helpful overview of what the Budget may mean for small businesses in WA.

👉🏼 Read the full article here:
https://www.smallbusiness.wa.gov.au/blog/what-2026-27-federal-budget-means-small-business

If you’re unsure how any of these proposed changes may affect your business, please get in touch. We’re here to help you understand what applies to you and plan.

📞 (08) 9474 4505
🌐 https://simplesolutionsaccounting.com.au/

A heads-up for our clients.From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing rules will apply ...
17/06/2026

A heads-up for our clients.

From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing rules will apply to certain accounting services in Australia.

This means we’ll need to update parts of our client verification process over the coming months.

For some clients, this may include confirming identity, business details, ownership structures or authorised contacts. This applies to some existing clients too, not only new clients.

It’s similar to the identity checks banks already carry out. It does not mean anything is wrong, it’s part of the new compliance requirements for our industry.

And yes, we know, it’s another admin task. To be honest, it’s a bit of an admin nightmare for us too 😉

Please keep an eye out for communication from our team and respond as soon as you’re able. This will help us keep your records up to date and avoid delays with future work.

If you receive a request from us and you’re unsure what to do, please get in touch. We’ll help you through it.

📞 08 9474 4505
🌐 https://simplesolutionsaccounting.com.au/

Before 30 June, it’s worth checking whether you have opportunities to make deductible contributions or donations in a wa...
11/06/2026

Before 30 June, it’s worth checking whether you have opportunities to make deductible contributions or donations in a way that supports both your financial position and causes you care about.

A few things to consider before EOFY:

✅ Personal super contributions.
Personal super contributions may be tax deductible, but the timing matters. Your contribution needs to be received by your super fund before 30 June.

✅ Tax-deductible donations.
Donations of $2 or more to eligible Deductible Gift Recipients may be tax deductible. If you’re planning to donate before EOFY, check the organisation’s DGR status and keep your receipt.

🤍 Supporting causes that matter.
One organisation we’re proud to support is Yourtoolkit.com, a practical Australian resource helping women experiencing domestic abuse access safe, step-by-step information and support.

If you’re thinking about giving before 30 June, this is a meaningful cause to consider, while also making sure you understand what is tax deductible for your situation.

If you’re unsure what applies to you, please get in touch before 30 June - we’re happy to help.

📞 (08) 9474 4505
🌐 https://simplesolutionsaccounting.com.au/

Last week Gill attended her first board meeting as Employer Director of the Government Employees Superannuation Board.GE...
10/06/2026

Last week Gill attended her first board meeting as Employer Director of the Government Employees Superannuation Board.

GESB plays an important role in Western Australia, administering super and retirement savings for current and former WA public sector employees. To contribute to an organisation with such a significant responsibility is an opportunity that Gillian is excited to embrace.

Read more about The Board here https://www.gesb.wa.gov.au/members/about/about-us/our-board

Address

Unit 4/47 Monash Road
Como, WA
6152

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm

Telephone

+61894744505

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