Vicky Krishnamurthy

Vicky Krishnamurthy Chartered Accountant assisting individuals with their tax compliance and providing business owners with simplified system management.

As nice as a refund is, it's not to be expected.⁠⁠As an employee your employer's software calculates the best estimate o...
17/07/2026

As nice as a refund is, it's not to be expected.⁠
⁠
As an employee your employer's software calculates the best estimate of tax payable on your wages as such there should not be too much of a variance (refund/payable) at tax time.⁠
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If you are a business owner your accountant's job is not to hunt you a refund, their job is to apply the legislation accurately, analyse all possible deductions and strategize and point out any strategies moving forward.

Ready to tackle your tax?⁠ ⁠ Let me take the stress out of your tax.⁠ ⁠ With more than 15 years of experience in the fie...
15/07/2026

Ready to tackle your tax?

⁠ ⁠ Let me take the stress out of your tax.⁠ ⁠ With more than 15 years of experience in the field, I will make tax time a breeze.⁠ ⁠

Individual Tax returns⁠ ⁠
Company Tax returns⁠ ⁠
Trust Tax returns⁠ ⁠
Bookkeeping⁠ ⁠
Activity statements (BAS/IAS/PAYG)⁠ ⁠
Assistance with all tax, financials & bookkeeping matters⁠ ⁠ Financials⁠ ⁠
Communicating with the ATO in relation to tax debt and payment arrangements⁠ ⁠

Ready to tackle your tax? Send me a DM and let's get started 🙌🏼

This is something I hear all the time:⁠ ⁠ "Ooh I am just a small business and I did not make money so I just did my own ...
13/07/2026

This is something I hear all the time:⁠ ⁠ "Ooh I am just a small business and I did not make money so I just did my own tax return" ⁠ ⁠

🌸 Do you understand the business losses rules? ⁠ ⁠

🌸 Did you complete the carry forward losses rules accurately? ⁠ ⁠

Scenario: ⁠ ⁠ In the first year of business you invest a lot in the business and as expected make a loss in that year.⁠ If you do not understand (which you should not be expected to unless you are an accountant) the losses rules and include them in your tax returns accurately, you will end up paying more tax the next year because there will be no carry forward losses in the following year to help reduce the business profits in Year 2.

⁠ ⁠ You've invested time effort and money into your business, do yourself a huge favour and use an accountant for your tax return!

Shopping locally helps to ensure local stays around!Tag your fave local in the comments and share the love 🫶🏼
10/07/2026

Shopping locally helps to ensure local stays around!

Tag your fave local in the comments and share the love 🫶🏼

Ready to take your business to the next level? ⁠⁠Savvy Startup session is for Business owners who have started their bus...
08/07/2026

Ready to take your business to the next level? ⁠
⁠
Savvy Startup session is for Business owners who have started their business and need guidance, systems and procedures in place to make running them a breeze. ✨⁠
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We will cover things like:⁠
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🌸 How to do a business budget⁠
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🌸 GST – when to register? How to register? How to report? What is GST? How do I calculate GST?⁠
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🌸 Breakdown of the price of goods or services into various components to ensure there is a profit margin⁠
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🌸 Important due dates for your business ⁠
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🌸 How to track your business health and ensure your business is profitable ⁠
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If you are ready to invest in your business click my link in bio to book your Savvy Session 🔗

Medicare levy vs Medicare levy surcharge⁠⁠Let's break it down 👇🏼⁠⁠🌸 Medicare Levy - most taxpayers pay this whether you ...
06/07/2026

Medicare levy vs Medicare levy surcharge⁠
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Let's break it down 👇🏼⁠
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🌸 Medicare Levy - most taxpayers pay this whether you have private health insurance or not⁠.
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🌸 Medicare Levy Surcharge - taxpayers who have taxable income over the threshold and don't have private health insurance will have to pay this. Eg of MLS threshold for a single adult is taxable income of $90k and over⁠
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🌸 Single adults with taxable income of $90k per annum with private health insurance hospital cover will only pay Medicare Levy ⁠
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🌸 Single adult with a taxable income of $90k per annum with no private health insurance will pay both levies ⁠
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Need help this tax season? Send me a DM and let's sort out your tax together.

🚨 Changes to superannuation affecting every business owner 👇🏼 From 1st July 2026:Super must be paid every pay dayPaid at...
03/07/2026

🚨 Changes to superannuation affecting every business owner 👇🏼

From 1st July 2026:

Super must be paid every pay day
Paid at the same time as wages
Funds must reach super within 7 business days

Why this matters:

Cash flow will be impacted
Payroll systems must process super every pay run
ATO clearing house (SBSCH) is closing
Penalties apply per payday, not quarterly

This means that employer and director risk is increasing:

Missed payments = penalties + interest
Less margin for error
Directors face greater personal liability
Early preparation reduces risk

What you should do now:

Prepare early to avoid disruption. Review payroll systems and cash flow planning.

Contact Glide Accounting for assistance setting up payroll and superannuation to be compliant.

Dear business owner, stay calm!!! ⁠⁠When you come in for your tax preparation meeting the only thing you need to bring i...
30/06/2026

Dear business owner, stay calm!!! ⁠
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When you come in for your tax preparation meeting the only thing you need to bring is yourself! ⁠
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After our meeting, I will contact you via email with a list of things I'll need from you to do your tax return. All you need to do is refer to the list and get things ready in your own time. ⁠
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My aim is to make tax time as easy and stress-free as possible for small business owners 🌸

As accountants around Australia, myself included, wind down on 30 June before we start all over again - I want to take t...
30/06/2026

As accountants around Australia, myself included, wind down on 30 June before we start all over again - I want to take this opportunity to thank you for the support
this past financial year.

Every like, comment and message reminded me of why I show up every day on social media to share my knowledge and empower you to take control of your business and personal finances.

Most importantly the clients that have stayed on and those that have came on board - thank you for trusting in myself and Glide to help look after your business and taxes.

Just like many of you, I am a small business owner and every opportunity in the business brings absolute joy and gratitude.
Wishing you a cracking 2025/26 financial year!

Did you know you need to keep receipts for 5 years?Take a photo 📸Place it in a folder 🗂️Just keep them!
28/06/2026

Did you know you need to keep receipts for 5 years?

Take a photo 📸
Place it in a folder 🗂️
Just keep them!

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Perth, WA
6152

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

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