Fiveight Accounting Pty Ltd | Financial service

Fiveight Accounting Pty Ltd

Phone: 0415958861

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25.01.2022 New Fiveight Accounting Apparel in stock NOW... Hoodies, Singlets and Polos. $60, $25 and $45 Put In your orders today Thanks to these 3 sassy models for their constant professionalism

25.01.2022 The Entire ATO online Services and My Gov has crashed due to high volume of traffic. As soon as we are back online I will start lodging your returns. I can still create workpapers so send in all your information per usual and I will do as much as I can while the system is down.

25.01.2022 Congratulations to @Kieren Fernie for training hard and showing the mental strength to finish the Husky Triathlon. I'm happy to put my brand and money behind anyone who is willing to push themselves out of their comfort zone and achieve things they never thought they could accomplish. Well done mate

24.01.2022 I'm Looking to Hire a Tax/Business Accountant on a Contracted $40-$70 hourly rate for WEEKEND WORK. * Are you an Accountant with experience in different types of trusts and large corporations with 2m + turnover? * Do you have experience with Handisoft / Handi Tax, Handi Ledger software? * Are you experienced in XERO and QuickBooks.... * Can you compile Intricate financial statements? * Can you have a laugh and not bore me to tears. If you can fulfil most of the above criteria and happy to travel to Camden on Weekends, pm me. If you turn out to be a Punctual, Trustworthy and Competent Individual you will be the 1st in Line for a lucrative fulltime position upon business expansion within the next 2 years.

23.01.2022 We are at the end of July 2020 and already have over 150k returned to our clients via refunds . If you are yet to lodge, Im happy to email you a tax checklist to help you get your piece of the pie

23.01.2022 Meet Fiveight Accountings newest trainee Accountant, Brooke James...She makes an average coffee, but has taken to tax returns naturally and showing great potential. With her personable, bubbly personality, and ability to learn quickly, It won't be long before clients only call to talk to her Welcome to the Firm Brooke...

22.01.2022 As funny as this is please dont do it...Audits are not fun, fines are not fun and you will be watched relentlessly in the future...

22.01.2022 10% Members of Fiveight Accounting Leading into 1 July to date. John Carey Mel Meharg Robert Saunders (Reef City Tinting)... Todd Burgess All getting their 10% Discounts for Work in July for helping support the Fiveight Accounting Brand via reviews, Brand posts or recommendations. Note if you personally dont need any work done this year you can choose a family member to receive the discount. Thanks for the help so far guys and if anyone else wants to joint the club and get discounts around July all you need to do is 1 of the above. The most likes at 30/06/2020 on your post gets free merchandise and a 25% discount on work in July.

21.01.2022 Its very fucking sad it takes a pandemic to adjust the housing market and rental prices back to somewhere normal. For to long taxpayers have been stretched, particularly the proletariat, with rising living expenses and have struggled to make ends meet every week. A house should not cost more than 5x your annual salary and rent should not eat away at more than 30% of your disposable weekly income. House prices are 10x,15x, 20x the annual salaries of todays hardworking Aussie...s and the rent is approximately 75% of your weekly salary. This is OBSCENE. This is GREED. This is a DISGRACE. Families friends and clients have been buckling under these pressures for some time now. Throw the Corona Virus on top and now people will just not be able to cope financially. I hope the government wake up to themselves now and realise people shouldnt have been stretched like this to begin with and put some blockers in play that prevent the market from rising to unrealistically high rental and property prices again. If you find yourself struggling please keep an eye on my updated posts or send me a message and I will point you in the direction where you can get the best support possible.

20.01.2022 For shits and giggles and because its a slow Monday, what is the worst experience you have had with your current or previous accountant. Iv heard some shockers this year already Dont be shy to give me a left hook either if your Fiveight experience was underwhelming. I try to maintain a high standard and I always appreciate feedback good or bad.

20.01.2022 The Office has been set up a week early. We are officially up and trading out of Camden NSW. Reminder my mobile number and email have not changed, only my old office number. Im currently in the process of setting up my Camden office number and creating a diversion from my old office line to the new line. we are basically 98% back up and running

19.01.2022 New $250 stimulus payments have been approved and will be paid to Australians later this month (Nov) and in March 2021. These payments are for Pensioners, Carers, Family tax benefit recipients and Individuals on the disability support pension. Have a read to find out further information.

18.01.2022 JOBKEEPER PAYMENTS...EVERYTHING YOU NEED TO KNOW IS ON THE LINK BELOW. Let me know if you are still stuck after having a read. Need to wait until the 20th of April to Apply https://www.ato.gov.au/General/JobKeeper-Payment/

17.01.2022 Any donations are much appreciated and will help get a good younge kid back on his feet...

17.01.2022 Im sure you have started hearing about this new Home Builders Grant. The building industry is tipped to take a dive in the 2nd part of this year so the government have introduced this Grant to stimulate the Building Industry You do need to spend $150k of your own money first, earn under 200k (combined with your spouse) and have your property valued under 1.5m to be eligible. This will rule most out but if you do qualify enjoy that additional 25k.

17.01.2022 BUSHFIRE GRANTS The Government have introduced a bunch of new grants for people and small business effected by the bushfires over the Summer. If you were located in an area severely effected by the bushfires you may be eligible for a grant and some relief payments. In the current economic climate every cent will count so if you were personally effected or your business suffered over 40% losses from previous years trading make a claim and get some money back into your pocket.

17.01.2022 Unsecured Loan Scheme - Covid-19 Another benefit that small businesses will receive is a business loan up to 250k, with the government guaranteeing half (50%) of your loaned amount. All businesses still need to pass lending criteria from the banks, but if you do you can get a small business loan to invest cash back into your business.... The loan is over 3 years and the First 6 months are Interest free. Talk with your lenders today and see if you fit the criteria.

15.01.2022 We all have had a tough start this year... Dont let that seperate you from your ambitions...keep busy, test yourself, grow, try new shit, watch the tiger king, read a book..Just dont do NOTHING.. Today you might accidentally begin building tommorows empire, just by putting yourself in a situation your not familiar with.. Leap now and learn later

14.01.2022 Cant believe 5 Eight Accounting is nearly 500 strong in followers. I appreciate all those who do tune in and make an effort to communicate and support my business. Since we are only a few followers away from the magic number I will give a free tax return to the lucky individual who is the 500th person to like my page.

14.01.2022 Pandemic Offer for-Covid-19 Severely Effected People. Im sure everyone is sick of hearing about the virus by now so I will make this post short and to the point. As an Accountant I am connected to an array of people across many different industries. Some Industries have been effected worse than others and some people are in horrible financial positions with families and dependents relying on them... If you are an Individual in an Industry thats been Severely Effected ex Freight, Airline, Retail, Hotel, Hospitality etc I will provide SAME DAY lodgements for you from July 1st. The day you provide me all your information is the day I will lodge your return and that is a promise. Its not much but it will get your refunds into your account very quick and allow you to reduce any financial pressures that have built up over the last 8 weeks. Fingers crossed society goes back to normal soon

13.01.2022 Are you thinking of Hiring new Employees for your business? You might be eligible to register for the Job Maker Hiring Credit. Click the link below and click on Job Maker Hiring Credit Tab. You don't want to miss out on any potential wage subsidies the government is offering :)

13.01.2022 The time has been extended for the 10k bushfire grant...If you feel your business was effected significantly during the bushfires at the start of the year let me know and il see what I can do

12.01.2022 HIRING...... Accounting Contracter ($40 to 60$ per hour) depending on experience. I'm looking for an Accountant experienced in different types of trusts and large corporations with 1m plus turnover. We use Handisoft software so any experience in this is favourable. Intermediate or higher experience in XERO and QuickBooks is also ideal.... I could care less if you are a CA or CPA.This means dick to me. I only care if your a good human and can complete the above work efficiently and unsupervised. If you have the experience required above, know how to have a laugh, enjoy a cold bubbly beverage and willing to sacrifice a few hours on weekends/weekdays to help me out then hit me up

12.01.2022 Are you Eligible for the 3k Government Grant to help your business resume post COVID-19 lockdown? You have until Sunday to submit your application.

12.01.2022 Original Job keeper Payments are finishing 27 September and the new payments will be applicable until 28 March 2021. There is 1 more declaration to be made to receive the final 3k payment before the amount drops. The payment rate of $1,500 per fortnight for eligible employees and business participants will be reduced to $1,200 per fortnight from 28 September 2020 and to $1,000 per fortnight from 4 January 2021. From 28 September 2020, lower payment rates will apply for employ...ees and business participants that worked fewer than 20 hours per week in the relevant reference period. If your Income has increased and your business is starting to recover above the 30% decline, then I recommend taking yourself of the payments and stopping further declarations. Throughout this year and next the ATO will audit businesses receiving the payment and anyone who has been found to receive the payment who shouldn't have will need to pay back the amounts not entitled to.

12.01.2022 4 years ago I was on a train everyday travelling into Sydney CBD to get paid minimum wage. Everyday I would observe different people and especially look at their eyes and body language. Alot of the pairs of eyes I crossed were empty. Individuals with no excitement, motivation or passion who were just doing the bare minimum to exist and get by. Change may be scary and personal growth is a never ending challenge but Id change in a second and do whatever it took to never have ...that defeated look in my eyes. Never get stuck, never stop searching for that thing that makes you tick. FUCK what other people want you to do, take a few risks and you should always land where you truely belong

10.01.2022 ECONOMIC STIMULUS Iv had my head buried in cardboard boxes and dust the last week while iv been moving and during this time numerous people have asked me about the new economic stimulus package and any benefits they are entitled to. Now I have a spare minute ill break it down quickly. The stimulus package is broken up into 4 parts. Business Investment, Cash Flow assistance, Stimulus Payments and Assistance for severly effected regions.... 1] Business Investment: Instant asset write off has increased from 30k to 150k from now until 30/06/2020. You can instantly write off up to 150k in assets for your business as long as turnover is under 50 million.(This 50m turnover limit applies for all eligible business criteria) Accelerated depreciation rates of up to 50% of asset cost in the year of purchase. This will last until 30/06/2021 2] Cash Flow Assistance: Eligible businesses who employ staff from 1/1/2020 to 30/06/2020 will receive a 50% GST refund of there PAYG employee taxes starting at 2k going up to 25k. Ex If you pay 15k in PAYG Tax in your BAS you will receive a GST credit of 7.5k. 3] Stimulus payments: $750 cash payments will be made to pensioners, social security, veterans and others on income support. The payments will kick in progressively from 31 March 2020. 4] Assistance for severely effected regions: If your in tourism, agriculture or education or your a business that relies on Import and exports you will receive benefits via waivered fees for operation, assistance in alternative supply chains ect. More measure will likely be implemented over the coming months. If you have any question dont be shy to flick Your Mate at Fiveight a message

09.01.2022 15th of May 2020 is the lodgment deadline for Individual 2019 Tax Returns...Most have lodged already but for those who havent, stop procrastinating and hit up your Mate at Fiveight. Staying up to date with all your lodgments, grants you concessional tax treatment by the ATO. It also stops you having to spend money on any applicable late lodgement penalties.

09.01.2022 If you find yourself in quarantine over the next month, instead of re-watching old Netflix movies its probably a good time to get your finances in order. Lock yourself inside, avoid the crazies, Start dusting of those receipts and get ready for March 2020 BAS quarter.

08.01.2022 New Office Number Unfortunately I could not get my old office number (02)4226 3009 diverted and its been lost forever. My NEW Camden Office Number is (02) 4658 7248 if you need to contact me.... Apologies if you have tried calling the last 2 months and have not got in contact with me. My email and mobile are unchanged and located on top of my business page if you would prefer that method of communication.

07.01.2022 Time is running out if you want to lodge your own tax return for 2020. Once the 1st of November ticks over you lose the ability to lodge via My Gov and will need to see a Professional to get lodged. Time to get your arse into gear or give me call... I can have you lodged on the same day you provide me with all the required information

07.01.2022 Do you need to make super catch up payments for your employees? Have a read and take advantage of this if possible. All late payment charges will be dropped if you act before the deadline.

07.01.2022 Are you looking for the best home loan rates on the market, some asset finance to boost your business or finance to get that bigger boat that you deserve? Meet John Carey-Aussie Mortgage Broker an Aussie Mortgage broker who contracts out of the Nowra Aussie branch. John and the team at Aussie provide top of the range services in... - Residential or Commercial Loans. - Investment Loans. - Asset and Equipment Finance. - Mortgage Protection. - General Insurances. - Business (Low DOC) Loans. If you are thinking about any type of finance then do yourself a favour and talk with these guys. They are the best in the business

07.01.2022 Jobseeker Recipients Alert. From this Friday 25/09/2020 the $550 COVID-19 top up supplement will be reduced to $250. Mutual Obligation Reporting is also being implemented which means you will need to look for at least 8 jobs per month.... The government is starting to reduce all Covid-19 benefits so if you have been receiving a Jobseeker payment please be prepared for a significant drop in your payment. If you have any further questions please let me know.

07.01.2022 13 Days Until Tax Time. One Important aspect for this tax season is working from home expenses which should see higher occupancy and running expenses placed into your returns. There is also opportunities to claim additional deductions you otherwise could not have claimed in previous years due to Covid-19.... If you would like a chat about the upcoming financial year and your expense entitlements dont be shy. Im always happy to help

06.01.2022 Tax Season is about to arrive For all of my clients who are ready to pull the trigger early on their tax returns, it usually takes 6 days for bank interest and PHI (Private Health Insurance) information to filter onto your reports. If you dont have PHI, its easier to push you through early. You can get your bank interest manually by looking on your bank statements, and you can contact your PHI provider and enquire about the information required on your tax return.... I can access your payment summary Information fine, I just need to input the full years worth of Income so double check your full annual figures with your employer. Other than that, Im ready to go guys . Looking forward to catching up with everyone, and seeing new faces

05.01.2022 4 weeks until tax time guys Who is getting what with their Refunds?

05.01.2022 Il be in Wollongong early Saturday if anyone wants to sit down and go over their taxes for the upcoming financial year..Cold Beer may earn a special discount

05.01.2022 Do you feel like you have missed out on a Government Stimulus payment or Grant? Send me a message and id be happy to look at your circumstances and determine whether you are eligible for financial relief.

05.01.2022 NEW JOB KEEPER LEGISLATION The new $1500 PER FORTNIGHT Job KEEPER payments are an additional $400 more than the proposed Job SEEKER allowance plus corona virus supplement worth approximately $1100 per fortnight. Have a good read and talk with your employer to put yourself in the best possible financial position. Even if you are a Sole Trader with no employees you are still eligible as long as your business income has dropped by 30%.... Let me know if you are stuck on anything

05.01.2022 2ND ECONOMIC STIMULUS PROVISIONS The Government has announced an additional Stimulus package on 22/03/2020 on top of the one announced last week. These provisions are as follows and are looking to be pushed through parliament quickly. 1) CASH FOR WELFARE.... A 2nd $750 payment will be paid to people from July 13 receiving welfare (WHO ARE NOT) receiving the additional Corona Virus Supplement payment of $550 per fortnight. ... 2) CORONA VIRUS SUPPLIMENT..CVS.. Additional $550 fortnightly payment to those who are on benefits (on top) of your usual fortnightly government payment. Automatically kicks in from 27th April and will last 6 months. Sole traders and Casual workers whose income or work time has been cut by 20% or more or people who have lost their Jobs are able to apply for CVS. The CVS is still income tested so you need to earn under the $1,075 fortnightly threshold to receive it if you are eligible. 3) SUPPORT FOR SMALL BUSINESS.... Tax Free cash payments between 20k to 100k will be made to small businesses. The 1ST stimulus stated the amount you will receive will be 50% of your Employee PAYG payable in your BAS. This 2ND Stimulus stipulates you will get 100% of all the PAYG Employee Withholding you pay in your BAS. Minimum payments of 20k will be granted to eligible companies. Ex If you have withheld 50k PAYG for the quarter you will receive a 50k credit from the ATO. 4) ACCESS TO SUPERANNUATION....Taxpayers who are laid of will be allowed to access a 10k tax free payment from their Super Fund during this financial year and the 2021 financial year. Availability for these withdrawal starts in April. You can also access the 10k super payment if you are eligible for the CVS or a sole trader whose income has fallen 20% or more as a result of the Corona Virus. If you are confused about anything above send me a message and I will respond as quickly as possible. Stay safe, enjoy the company of your Family over the next week and try not be a fuckwit and take more supplies than you need to.

04.01.2022 Is your business Income dropping by 75% or more due to Covid-19? You may be eligible for a 10k Cash grant. Applications open today. Have a read and see if you fall into the criteria.

04.01.2022 150k Instant Asset Write Off Rules Regarding Cars. There has always been a Depreciation limit for vehicles purchased for business purposes. That limit is $57,581. If you decide you want a new 150k Sports Vehicle for your business you can only claim up to the depreciation limit. GST credits are in line with this limit and are capped at $5,235. Keep this in mind if you are about to go car shopping

04.01.2022 Stay true to what makes you tick. Regardless of how good of a person you are, how smart you are, how motivated you are or how honest you are, there will always be fools out there in there fake packs judging you and undermining you. Fuck them off, create your own path and focus on the things that ignite your soul. Cowards run in packs and need to talk about people because they are insecure and unhappy.... Don't be a coward. Be real. Carve your own path, lead your own pack and bolster as many good souls up along the way .

02.01.2022 This time of year Id usually be telling everyone to drive safe but due to the current circumstances Il instead tell you enjoy the comfort of your family and try not to strangle them.... Quarantine and bickering is temporary, Family is FOREVER Happy Easter from Your Mate at Fiveight

02.01.2022 As funny as this is please don't do it...Audits are not fun, fines are not fun and you will be watched relentlessly in the future...

01.01.2022 Jobkeeper Declerations are Today. I will make sure everyone is lodged by this afternoon. Start gathering your May 2020 Income and Predict what your June 2020 Income will be. If I have you on software I will lodge via that and get you up to date with STP aswell. If you wish to pull out from the payment please let me know.

01.01.2022 JobKEEPER Payments and 10k Tax Free Superannuation Withdrawal requests are now available online. All you need to do is 1) Sign into My Gov 2) Link My Gov to the ATO. 3) Click on the ATO tab and follow the COVID 19 Prompts.... If you get stuck on anything let me know.