Horizon Accounting Group

18/06/2026

STP penalties are under the ATO’s microscope

The ATO is giving clearer guidance on how penalties apply when payroll reporting is late, incomplete, incorrect or in the wrong format:

Single Touch Payroll (STP) and super fund member reporting are now established parts of Australia’s tax and super framework, and the ATO has signalled clearer

18/06/2026

Office Caddies for Sale

18 Metal office caddies on castors for sale. $150 each or make an offer for a bundle. In good condition. Surplus to our needs after office renovation.

Contact us on 46594666 to discuss.

16/06/2026

EOFY checklist for small business owners

June is the perfect time to get your business records in order before the end of financial year. A few things to check before 30 June:

✔ Reconcile your accounts
✔ Follow up unpaid invoices
✔ Review expenses and receipts
✔ Check payroll and super obligations
✔ Make sure your records are complete and up to date
✔ Speak with your accountant before making any major EOFY purchases

A little preparation now can make tax time smoother, clearer and far less stressful.

Need help getting EOFY ready? Contact Horizon Accounting to book an appointment with our team: https://www.horizongroup.com.au/contact/

11/06/2026

Will the proposed $1,000 instant tax deduction benefit you?

The Federal Government has released draft legislation for a new standard tax deduction that would allow claiming work-related expenses at tax time without receipts. Find out how this could affect you here:

The Federal Government has released draft legislation for a new “instant” standard tax deduction that would allow eligible taxpayers to claim work-related

09/06/2026

EOFY purchases: helpful business decision or just a tempting sale?

EOFY sales are everywhere in June – but before making a last-minute purchase, it’s worth asking: does this actually support your business?

A discounted piece of equipment, technology upgrade or vehicle expense may be worthwhile if it genuinely helps your operations, productivity or growth. But spending for the sake of a tax deduction isn’t always the best move. Before you commit, consider your cash flow, business goals and whether the purchase makes sense beyond 30 June.

Thinking about an EOFY purchase? Speak with Horizon Accounting first so you can make an informed decision.

05/06/2026

It's logbook check-in time ✅

While logbooks for work-related use of your car can remain valid for five years, certain life changes mean you’ll need a new one:

Many people assume that once they've completed a logbook for their car, they're set for the next five years when it comes to work-related car expenses.

03/06/2026

Do you only see your accountant once a year?

If you only speak to your accountant at tax time, you could be missing valuable opportunities throughout the year.

Your numbers can tell you a lot more than what you owe at EOFY. They can help you understand cash flow, identify pressure points, plan for growth, improve profitability and make more informed business decisions.

At Horizon Accounting Group, we work with businesses beyond the tax return – providing practical advice and support to help you stay on track all year round.

Ready for more than once-a-year accounting? Connect with Horizon Accounting Group to find out how we can support your business: https://www.horizongroup.com.au/

28/05/2026

AI may be handy for simple money questions, but it’s no substitute for professional advice – and if you act on incorrect information, the consequences can be serious. Find out where AI can be useful in financial situations, where extra caution is needed, and how to use AI more safely.

Artificial intelligence tools are becoming increasingly popular for answering money-related questions. While these tools can be helpful for summarising

26/05/2026

Preparing for growth? Get the finance story right.

Thinking about expanding, purchasing equipment, hiring staff or seeking business finance? Before you take the next step, it’s important to make sure your financial story is clear.

Lenders, investors and decision-makers want to see more than ambition – they want clean financials, reliable reporting, cash flow forecasts and a clear understanding of how your business is performing.

Having the right numbers in place can help you present your business with confidence and make better decisions about what comes next.

Planning for growth? Speak with Horizon Accounting Group about preparing your business finances for the next stage: https://www.horizongroup.com.au/

20/05/2026

The new Federal Budget has landed, and Horizon Accounting Group director Matt Cherry notes that the changes proposed in the budget are the most significant changes in many years. Horizon Accounting Group will be reviewing the detail over the coming weeks and will keep an eye on developments that may arise before the legislation is eventually passed.

Please contact our office if you have any immediate concerns stemming from the budget announcements.

The changes proposed in the budget are the most significant taxation changes in many years and we will be reviewing the detail over the coming weeks and will