Best Practice Services in Camden, New South Wales, Australia | Financial service

Best Practice Services

Locality: Camden, New South Wales, Australia

Phone: +61 2 4655 9933

Address: 8 Broughton Street 2570 Camden, NSW, Australia

Website: http://www.bestpracticeservices.com.au/

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• Tax preparation service
• Accountant
• Financial service

21.01.2022 Changes to the low and middle income tax offset announced in Budget 201920 are now law. The amount of offset you may be entitled to, and the amount of any refund, will differ for everyone depending on individual circumstances such as income level and how much tax you paid throughout the year. We’ll automatically take into account any offset you’re entitled to in your tax return, even if you've already lodged. You won’t need to contact us. Refunds for tax returns already ...lodged are expected to start issuing towards the end of next week and into the following week, which is in line with the normal processing of refunds for this time of year. Find out more at www.ato.gov.au//Lower-taxes-for-hard-working-Australians-/

19.01.2022 Something’s different this year ! Instead of a payment summary, you might receive and ‘income statement’. So what does that mean for you at tax time? If you’re with a tax agent, you don’t need to do anything; they’ll have access to the info so that they can lodge your tax return. If you lodge your own return, you can access your income statement by logging into our online services through myGov. ... Find out more at www.ato.gov.au//Working-as-/Accessing-your-payment-summary #taxtime #taxmadeeasy #accountants #accounting #trustedaccountants #simpleaccounting

19.01.2022 IMPORTANT: AN UPDATE ON BEST PRACTICE COMMERCIAL & ACCOUNTNG SERVICES’S RESPONSE TO COVID-19 In light of the recent developments around the Coronavirus (or COVID-19), and the uncertainty we are all facing day to day, we felt it important to assure you that we expect no major interruptions to the services that we provide to you.... OUR CLOUD SYSTEMS MEAN YOU CAN ALWAYS CONTACT US IF YOU NEED US While we don’t know if we’ll be working from our office or working from our homes in coming weeks, we have invested heavily in the latest technology in recent years, and this means we can keep assisting you no matter what may happen. All members of our team are able to work remotely and have access to all the technology systems and tools they use daily to assist their clients. Please keep emailing or phoning your Accountants and advisors at Best Practice Commercial & Accounting Services when you need us, and we will be here to help you! GOOD ADVICE IS NEEDED NOW MORE THAN EVER Business and Tax The Australian Government has just released their $17.6 billion economic stimulus package in response to the Coronavirus. It is designed to help employers to keep their workforce levels. There are key tax benefits that business owners need to access over the next few months. Our expert Accountants are here to help business owners receive the maximum benefits they can. Wealth Advice The share markets have crashed due to fear and uncertainty in the marketplace. As has always happened before, whenthis crisis is over the markets will quickly pick up again. Keeping a long term focus and not panicking now is the key to success. IMPORTANT GET YOUR ENDURING POWER OF ATTORNEY (EPOA) AND WILL UPDATED NOW If you have to self-quarantine or are admitted to hospital, if you don’t have an EPOA then no-one else can make important business or financial decisions on your behalf. We strongly recommend that you have an up to date EPOA and Will, and that your family know where these are stored. NEXT STEPS These are times when we need to stay calm and rely on reliable news sources and information from State and Australian Government websites. What you see on social media may be panicky and unreliable information stay away from this! Our team at Best Practice Commercial & Accounting Services are here to help you. Please phone us on 0246559933 Camden or 0246770361 Picton if you need any assistance! #coronavirus #covid19 #tax #bestpractice #advice

19.01.2022 If you’re one of the 5.6 million Aussies with private health insurance, heads up funds are no longer legally required to send out annual statements. Some may do it anyway, and others will provide statements via their online member portals. Either way, they’ll send us the relevant details so we can pre-fill your tax return for you Whether you lodge with myTax or use a tax agent, your health insurance details should be pre-filled by 20 July so hold off and lodge later if ...you can! Find out more at www.ato.gov.au//pr/your-private-health-insurance-statement #taxtime #taxmadeeasy #accounting #simpleaccounting #trustedaccountants

15.01.2022 Bushfire relief ATO repost: Small businesses: If you‘ve been impacted by bushfires this summer, your quarterly BAS due date to lodge and pay has been extended until 28 May. You can still lodge earlier if you’re ready.... If you’re affected but don’t live in an identified postcode, visit www.ato.gov.au/individuals/dealing-with-disasters/ or phone us on 1800806218 to find out how we can support you. #bushfirerelief #australianbushfires #ato #bestpracticeservices #helpinghand #doingourpart

13.01.2022 With Australians losing $36 million to Tax Office related scams in 2020, it is time for a refresh on what to look out for and what action to take. https://www.ato.gov.au//is-it-a-scam-easy-read-may-2020.pdf

12.01.2022 CLAIMING HOME OFFICE RUNNING COSTS We understand the COVID-19 outbreak has placed unexpected financial pressure on many of our clients. We’re in this together and your financial wellbeing is a top priority. ... While our teams at Camden and Picton are continuing to assist many of you, particularly at the moment, I wanted to personally reassure you that we are here and ready to help you with all of your taxation and accounting needs, whilst we have ceased face to face meetings, we are all still available by email and phone. If you have any questions or concerns, please contact us on Camden 0246559933 and Picton 0246770361 #bestpracticeservices #covidhelp #helpinghands #homeoffice #runningcosts

12.01.2022 Exciting news - we are now on Instagram! To keep up to date with weekly info, promotions, and the occasional quirky tax fact , add us on Instagram: bestpracticeservices!

11.01.2022 Employers: Have four or fewer employees? If you aren’t already using Single Touch Payroll enabled software, a range of no-cost and low-cost solutions are available for you. Check out our register at www.ato.gov.au//in/low-cost-single-touch-payroll-solutions ... #taxtime #taxmadeeasy #accounting #accountants #simpleaccounting #trustedaccountants

11.01.2022 Our Picton team featured on C91.3 radio and Instagram page... thanks for having us! C91.3FM #c913fm #roadcrew #bestpractice #supportinglocalbusiness

10.01.2022 Great day celebrating Melbourne Cup with our awesome team!

10.01.2022 SCAM ALERT We’ve seen an increase in scam text messages (SMS) offering fake tax refunds. These messages will usually ask you to click a link to claim a refund, and may appear to come from the ‘ATO’. Don’t click the link or anywhere in the message, even if it seems legit. Don’t provide your personal info. We'll never ask for your details over text message.... Warn your family and friends to watch out for this scam. Visit our scam alerts page to learn more: www.ato.gov.au//Online-servi/Identity-security/Scam-alerts #taxtime #taxmadeeasy #accounting #simpleaccounting #trustedaccountants

05.01.2022 Sharon is a lending specialist with us at Best Practice. She draws on knowledge acquired over many years of experience, and listens intently to all of her clients to ascertain to their needs to source the best solution. #bestpracticeservices #taxtime #lendingspecialist #mortgagebroker

05.01.2022 Before and after Camden office facelift 2010 vs 2020 #facelift #reno #renovations #tidyup #byewisteria #hellocleanandmodernfinish #bestpractice #accounting #camdenlocal #alwaysheritage

05.01.2022 IMPORTANT: AN UPDATE ON BEST PRACTICE COMMERCIAL & ACCOUNTNG SERVICES’S RESPONSE TO COVID-19 In light of the recent developments around the Coronavirus (or COVID-19), and the uncertainty we are all facing day to day, we felt it important to assure you that we expect no major interruptions to the services that we provide to you.... OUR CLOUD SYSTEMS MEAN YOU CAN ALWAYS CONTACT US IF YOU NEED US While we don’t know if we’ll be working from our office or working from our homes in coming weeks, we have invested heavily in the latest technology in recent years, and this means we can keep assisting you no matter what may happen. All members of our team are able to work remotely and have access to all the technology systems and tools they use daily to assist their clients. Please keep emailing or phoning your Accountants and advisors at Best Practice Commercial & Accounting Services when you need us, and we will be here to help you! GOOD ADVICE IS NEEDED NOW MORE THAN EVER Business and Tax The Australian Government has just released their $17.6 billion economic stimulus package in response to the Coronavirus. It is designed to help employers to keep their workforce levels. There are key tax benefits that business owners need to access over the next few months. Our expert Accountants are here to help business owners receive the maximum benefits they can. Wealth Advice The share markets have crashed due to fear and uncertainty in the marketplace. As has always happened before, whenthis crisis is over the markets will quickly pick up again. Keeping a long term focus and not panicking now is the key to success. IMPORTANT GET YOUR ENDURING POWER OF ATTORNEY (EPOA) AND WILL UPDATED NOW If you have to self-quarantine or are admitted to hospital, if you don’t have an EPOA then no-one else can make important business or financial decisions on your behalf. We strongly recommend that you have an up to date EPOA and Will, and that your family know where these are stored. NEXT STEPS These are times when we need to stay calm and rely on reliable news sources and information from State and Australian Government websites. What you see on social media may be panicky and unreliable information stay away from this! Our team at Best Practice Commercial & Accounting Services are here to help you. Please phone us on 0246559933 Camden or 0246770361 Picton if you need any assistance! #coronavirus #covid19 #tax #bestpractice #advice

05.01.2022 Exciting Announcement! We have changed our Logo and rebranded our Picton office. We look forward to seeing all of our loyal clients over the coming months and years.

04.01.2022 CLAIMING HOME OFFICE RUNNING COSTS We understand the COVID-19 outbreak has placed unexpected financial pressure on many of our clients. We’re in this together and your financial wellbeing is a top priority. ... While our teams at Camden and Picton are continuing to assist many of you, particularly at the moment, I wanted to personally reassure you that we are here and ready to help you with all of your taxation and accounting needs, whilst we have ceased face to face meetings, we are all still available by email and phone. If you have any questions or concerns, please contact us on Camden 0246559933 and Picton 0246770361 #bestpracticeservices #covidhelp #helpinghands #homeoffice #runningcosts