Number Solutions

Directions Website Contact the business

Number Solutions At Number Solutions, we take pride in our business, and this reflects in the level of service we provide to our clients.

As a CPA practise, we listen to and understand our clients and the challenges they face in business.

📢 Government Payments Program (GPP)💡 Did you know? The Government Payments Program (GPP) helps service providers receivi...
27/10/2026

📢 Government Payments Program (GPP)

💡 Did you know? The Government Payments Program (GPP) helps service providers receiving government payments meet their tax, superannuation and registration obligations.

🤝 By working together across government agencies, the GPP promotes fairness, strengthens compliance and protects the integrity of Australia’s tax and super systems.

🏥 Whether you provide aged care, disability support, child care or other government-funded services, make sure you understand your reporting obligations.

✅ Stay informed
📋 Keep your records accurate
💰 Report your income correctly

🔗 Learn more from the Australian Taxation Office (ATO).

Read more: https://zurl.co/GovernmentPayments

🏡 Top 3 Rental Property Deduction Errors Rental property deductions can be tricky! Help your clients avoid common mistak...
23/10/2026

🏡 Top 3 Rental Property Deduction Errors

Rental property deductions can be tricky! Help your clients avoid common mistakes by looking out for these top 3 errors:

🔹 1. Incorrect interest claims – Ensure loan interest is apportioned correctly when funds are used for private expenses.

🔹 2. Repairs vs. capital works – Know the difference between immediately deductible repairs and improvements claimed over time.

🔹 3. Ignoring private use – Apportion expenses when properties are partly rented, used privately or rented below market rates.

✅ Getting the details right helps your clients claim correctly and reduce the risk of ATO compliance issues.

📌 Save this post as a reminder for the next tax season!

Read more: https://zurl.co/3RentalDeductErrors

Australian Consumer Confidence Falls to Its Lowest Level Since the Late 1990sAustralian consumer confidence has plunged ...
22/10/2026

Australian Consumer Confidence Falls to Its Lowest Level Since the Late 1990s

Australian consumer confidence has plunged following the Reserve Bank of Australia’s latest interest rate hike, highlighting growing financial pressure on households.

📉 The Westpac–Melbourne Institute Consumer Sentiment Index fell 4.7% to 80.4 in October. Among respondents surveyed after the RBA’s rate decision on 29 September, the index dropped to just 67.2 — its lowest level since the late 1990s.

Key factors driving the decline include:

🏠 Higher mortgage repayments and borrowing costs.
⛽ Rising fuel prices and persistent cost-of-living pressures.
💰 Worsening assessments of family finances and buying conditions.
📊 Growing concerns about the economic outlook and potential job losses.
Economists warn that prolonged pessimism could lead households to cut spending, adding further pressure to Australia’s economic growth. While job vacancies and employment expectations suggest some labour market resilience, the outlook remains challenging for many families.

The key concern: If household confidence continues to weaken, consumer spending could slow further, creating additional headwinds for the Australian economy.

Read more: https://zurl.co/ConsumerConfidence

📢 Modernising Tax Administration Systems (MTAS)The Australian Government’s MTAS program is modernising trust tax adminis...
20/10/2026

📢 Modernising Tax Administration Systems (MTAS)

The Australian Government’s MTAS program is modernising trust tax administration to make reporting simpler, more transparent and more efficient.

✅ Easier lodgment for trustees and beneficiaries
✅ Reduced compliance costs for tax agents
✅ Improved reporting and trust distribution pre-fill
✅ Stronger system integrity and fewer errors

With improvements rolling out in stages from Tax Time 2026, MTAS is helping create a more streamlined and user-friendly tax administration system.

For more information, read: https://zurl.co/ModernTaxAdminSystem

📢 ATO focus on omitted income, expenses and GST credits🔍 They are stepping up compliance action against businesses that ...
16/10/2026

📢 ATO focus on omitted income, expenses and GST credits

🔍 They are stepping up compliance action against businesses that omit income, over-claim deductions or GST credits, or use business funds for private expenses.

⚠️ Common mistakes include failing to report cash sales, claiming private expenses and keeping inaccurate records.

📊 In 2025–26, audits uncovered more than $210 million in unpaid taxes, with over $50 million in penalties issued for deliberate under-reporting.

✅ How to stay compliant: 💰 Report all business income, including cash sales. 🧾 Claim only eligible deductions and GST credits. 🏦 Keep business and personal finances separate. 📁 Maintain accurate records.

💡 Need help? Explore small business resources or speak with a registered tax practitioner.

Read more: https://zurl.co/ATOonOmissions

🚨 Received an ATO letter about your crypto capital gains tax (CGT)? 🪙The ATO’s CGT Crypto Information Form helps you exp...
15/10/2026

🚨 Received an ATO letter about your crypto capital gains tax (CGT)? 🪙

The ATO’s CGT Crypto Information Form helps you explain why you’re not amending your tax return or confirm that your reported crypto capital gain or loss is correct.

✅ Gather your crypto transaction details and any CGT exemptions claimed. 📅 Submit the completed form electronically by the deadline in your letter. 📧 Email it to [email protected].

⚠️ Ignoring the letter could lead to further compliance action, additional tax and penalties.

💡 Not sure what to do? Seek professional tax advice to help you get it right.

Read more: https://zurl.co/ATOCGTCryptoForm

🔨🧰 A new resource for your tradie clients! 👷‍♂️👷‍♀️📢 Introducing TaxTools4Tradies – a handy, easy-to-understand resource...
13/10/2026

🔨🧰 A new resource for your tradie clients! 👷‍♂️👷‍♀️

📢 Introducing TaxTools4Tradies – a handy, easy-to-understand resource to help building and construction tradies stay on top of their tax, super and registration obligations.

✅ Avoid common mistakes 📚 Access practical tips and useful resources 🧾 Be better prepared with the right information and records at lodgment time!

📲 Share this resource with your clients today: https://zurl.co/TaxTools4Tradies

💪 Helping tradies build success, one step at a time!

For more information, read: https://zurl.co/ATOTaxTools4Tradies

📢 ATO payment updateFrom 1 December 2026, the ATO will no longer accept credit cards for tax payments.If you currently u...
09/10/2026

📢 ATO payment update

From 1 December 2026, the ATO will no longer accept credit cards for tax payments.

If you currently use a credit card, make sure you switch to an alternative payment method before 30 November 2026.

💳 Payment plans: If your payment plan or direct debit is linked to a credit card, you’ll need to update your payment method before your next instalment after 30 November.

👉 Alternative payment options: https://zurl.co/ATOHowtoPay

Need support? Visit https://zurl.co/ATOSupportLodgetoPay or contact the ATO on 13 11 42.

For more details, read: https://zurl.co/ATOStopCCPayments

💳 Card surcharges are changing from 1 October 2026! The Reserve Bank of Australia (RBA) has removed its prohibition on “...
08/10/2026

💳 Card surcharges are changing from 1 October 2026!
The Reserve Bank of Australia (RBA) has removed its prohibition on “no-surcharge” rules, paving the way for card networks to stop businesses from adding a separate fee for card payments.

🔹 What’s changing?
From 1 October, eftpos, Mastercard and Visa will generally prohibit card payment surcharges. American Express, UnionPay and PayPal have also announced they will remove surcharging.

💰 What does this mean for businesses?
Businesses will generally no longer be able to add a separate surcharge for customers paying by card. Card acceptance costs can instead be reflected in the overall price of goods and services.

🛍️ What does this mean for consumers?
The price displayed should generally include the cost of accepting card payments, rather than adding a separate card surcharge at checkout.

📌 What isn’t affected?
Weekend and public holiday surcharges, booking fees and service fees are not card payment surcharges and are not covered by these changes.

🔎 For businesses: Check with your payment service provider to make sure your systems are ready for the new rules.

📅 Effective: 1 October 2026

💳➡️ One price, regardless of which card you use.

Read more: https://zurl.co/RBAQuestiononPayment

📢 ATO shadow economy prosecutions rise 80% The Australian Taxation Office (ATO) has reported an 80% increase in successf...
06/10/2026

📢 ATO shadow economy prosecutions rise 80%

The Australian Taxation Office (ATO) has reported an 80% increase in successful non-lodgment prosecutions between 2024–25 and 2025–26. 📈

Over the past two years, the ATO has:
🔹 Successfully prosecuted 350+ individuals and entities
🔹 Secured 305+ convictions
🔹 Seen more than $2.7 million in fines imposed by the Courts 💰

The ATO says deliberate non-lodgment and shadow economy activity can undermine legitimate businesses, reduce public revenue and impact workers’ entitlements.

📌 Key takeaway: Lodging tax returns and meeting tax and super obligations are legal requirements. Deliberate non-compliance can have serious financial and professional consequences.

Read more: https://zurl.co/ATOonShadowEconomy

Address

Suite 5, Level 1, 275 George Street
Liverpool, NSW
2170

Opening Hours

Monday 8:30am - 5:30pm
Tuesday 8:30am - 5:30pm
Wednesday 8:30am - 5:30pm
Thursday 8:30am - 5:30pm
Friday 8:30am - 5:30pm
Saturday 10am - 3pm

Website

Alerts

Be the first to know and let us send you an email when Number Solutions posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Number Solutions:

Shortcuts

Share

Category