Eleven Plus Studio in Carina | Tax preparation service

Eleven Plus Studio

Locality: Carina

Phone: +61 406 856 043

Address: PO Box 94 4152 Carina, QLD, Australia

Website: https://elevenplusstudio.com/

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18.01.2022 *** Driving your own vehicle for work purposes and involved in an accident? *** If you use your own motor vehicle in the course of your employment and you are involved in an accident that causes damage to another vehicle, you may be able to claim a deduction for the costs you incurred. If you are liable for the damages or compensation for the damage to the other vehicle, you may be able to claim a deduction for the costs you incurred.... If an accident occurs in the course of your employment, the expenses relating to your liability to pay for the damage to the other vehicle in the accident are incidental and relevant to you earning your assessable income. They are not capital, private or domestic. Disclaimer: The information contained in this article is general in nature and should not betaken as personal, professional or taxation advice. You ought to make your own inquiries and seek independent, professional advice before taking action or relying on any information in this article For more information, contact us at 0406 856 043 [email protected] www.elevenplusstudio.com

16.01.2022 ***Get paid what you are worth*** Underpayment can significantly impact your personal finance over your career. For example, if you are underpaid by just $50 per week for 50 years, you lose out on $130,000. Assuming you placed that $50 in a savings account earning an average of 5% compounded monthly, you’re looking at $578,814. That is over half a million dollars poorer for $50 less per week.... Implementation and cost * Job sites such as Jora or Seek will show you the current pay range in your industry for similar roles. Evaluate your skillset, productivity, and experience against the industry average. * If your current pay doesn’t reflect what you are worth, speak to your employer about matching what you are worth in the industry. * If you can’t negotiate your wage with your current employer, switch to an organisation that offers competitive remuneration. For more information, contact us at 0406 856 043 [email protected] www.elevenplusstudio.com

16.01.2022 Thanks to White Peak Digital team for redesigning our website. As always, very professional and exceeding expectations! #accountant #taxadvice #webdesign https://www.whitepeakdigital.com/case-/eleven-plus-studio/

08.01.2022 ***Voluntary bankruptcy*** When you cannot pay your debts having explored every alternative solution, you may consider filing for voluntary bankruptcy. Bankruptcy is a legal process that can remove accountability from your debts, allowing you to make a fresh start, but doesn’t come without consequence. Speak with a free financial counsellor by contacting the National Debt Helpline on 1800 007 007 before filing for bankruptcy to ensure you have explored all alternative options.... Consequences of bankruptcy May affect your employability, income, and business. Limits overseas travel. You will be on the National Personal Insolvency List (NPIL) forever. You will have difficulty getting credit and taking out loans in the future including mortgages. Your assets may be sold to pay your debts including your house. Implementation and cost Contact the Australian Financial Security Authority (AFSA) at https://www.afsa.gov.au/, who deal with personal bankruptcy. For more information, contact us at 0406 856 043 www.elevenplusstudio.com

04.01.2022 Taking staff or clients for lunch? Read this article and find out if those expenses are business deductions or not. https://elevenplusstudio.com/meals-are-they-tax-deductible/