Freedom Accounting Group in Albury, New South Wales, Australia | Business consultant

Freedom Accounting Group

Locality: Albury, New South Wales, Australia

Phone: +61 2 6021 0335

Address: 481 Townsend Street 2640 Albury, NSW, Australia

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

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• Tax preparation service
• Accountant
• Financial service
• Business consultant

24.01.2022 Great news if you are an eligible NSW business

23.01.2022 The ATO has upped the cents per kilometre deduction rate for motor vehicle expenses effective from July 1, 2020 it will be 72 cents per kilometre. The ATO has also highlighted they expect to see a drop in work-related expenses such as car & laundry expenses but increases in home office expense claims as a result of COVID-19 lockdowns https://www.freedomaccountinggroup.com.au//car-expense-an/

21.01.2022 Temporary Early Access to Superannuation - As part of the Government’s response to the coronavirus and its financial impact on individuals there is a temporary opportunity for individuals to withdraw up to $10,000 from their superannuation funds before September 24th https://www.freedomaccountinggroup.com.au//temporary-earl/

20.01.2022 Checking your Binding Death Benefit Nomination against the trust deed of your Self Managed Super Fund https://bit.ly/38hpjXe

17.01.2022 We have seen how quickly things can change in Australia at the moment with Melbourne going to stage 4 restrictions and the rest of Victoria stage 3 after they were beginning to come out of hibernation. It shows that it can happen really quickly anywhere around the country and we are all dealing with great uncertainty. So, is this the time to be trimming your marketing, or just the opposite?

17.01.2022 Just released - our quarterly client newsletter, Freedom Accounting Group's September 2020 Business Accelerator Magazine. Topices in this edition include:- > Marketing in a Post-Pandemic World >JobKeeper Extension and Changes >Car Expense & Home Office Claims >When It's the End of the Business Road... >Business Lessons from a Pandemic https://www.freedomaccountinggroup.com.au//client-newslett See more

16.01.2022 The Government's JobKeeper Payment Scheme has been extended and the eligibility criteria have also changed. Our article will help you make a quick assessment of your eligibility... https://www.freedomaccountinggroup.com.au//jobkeeper-paym/

16.01.2022 Working from home? Lets us take care of your tax return and claim all the deductions you are entitled to. Call or email us for contactless tax returns 02 60210335 or [email protected] no matter what side of the border you are on.

14.01.2022 Contact us to prepare your contactless tax return (02)60210335 [email protected] om.au https://www.freedomaccountinggroup.com.au/

14.01.2022 Proudly supporting our valued employee Helen Woolley raising money for mental health research.

14.01.2022 Post Pandemic Survival Then Revival. The coronavirus has been labelled the biggest global crisis for three generations. To help your business survive and prepare for the post pandemic phase we have compiled this list of items for you to consider... https://www.freedomaccountinggroup.com.au//post-pandemic-/

12.01.2022 Let’s hope the spring weather puts a spring in your step and make us all feel better about life at the moment

12.01.2022 With many businesses still in lockdown in Melbourne, some businesses just won’t survive this time around. As accountants, our mission is to ensure you survive but if all avenues have been exhausted and it’s the end of the road, there are a number of things that need to happen to wind a business up https://www.freedomaccountinggroup.com.au//when-its-the-e/

12.01.2022 https://youtu.be/0HjOm6-bbOc

10.01.2022 JobKeeper extension information

08.01.2022 Happy new financial year! It’s been trying times for many, let’s hope the new year is healthy, happy and prosperous. Contact us to prepare your contactless tax return (02)60210335 [email protected] om.au https://www.freedomaccountinggroup.com.au/

08.01.2022 JOBKEEPER 2 REGISTRATIONS JobKeeper 2 registrations are due to close shortly. JobKeeper is available to business operators who have had a drop in GST turnover since March 2020.... In order to be eligible for the JobKeeper Payment after 27 September 2020, businesses and not-for-profits will have to meet a further decline in turnover test for each of the two periods of extension, as well as meeting the other existing eligibility requirements for the JobKeeper Payment. In order to be eligible for the first JobKeeper Payment extension period of 28 September 2020 to 3 January 2021, businesses and not-for-profits will need to demonstrate that their actual GST turnover has fallen by 30 % in the both the June quarter 2020 (April, May and June) and the September quarter 2020 (July, August, September) relative to comparable periods (generally the corresponding quarters in 2019). If you are already enrolled in JobKeeper 1 from the first round you do not need to re-enrol. However, you will need to pass the decline the turnover tests to continue to receive JobKeeper. If you think there is a possibility that you may be eligible to receive the next round of JobKeeper, please contact us immediately to ensure we have time to enrol you in the system It would be greatly appreciated if you can respond with a ‘Yes’ or ‘No’ before close of business tomorrow (5pm Wednesday 21 October 2020) if you would like us to see if you are eligible. For further information please follow the link below. Call us on 60210335 if you require assistance.

07.01.2022 Treasurer Josh Frydenberg presented his second budget on October 6 in what was described as the, "most important budget since World War II". As expected, there is massive expenditure to reboot and stimulate the economy after the economic devastation brought on by the coronavirus pandemic... https://www.freedomaccountinggroup.com.au//2020-21-federa/

06.01.2022 As business owners, we need to learn from experience because history has a habit of repeating itself. Going forward we need to have a contingency plan in the event there is another virus outbreak or some other catastrophe https://www.freedomaccountinggroup.com.au//business-lesso/

05.01.2022 Mrs Adams spoiling us with her delicious scones for morning tea

04.01.2022 It’s almost time for your 2020 Tax Return, have you been working remotely? We make sure you claim the maximum Home Office Expenses. Call 02 60210335 www.freedomaccountinggroup.com.au

03.01.2022 Benchmarking H ave you ever wondered how your business is performing compared to your competitors? Benchmarking is a way of assessing your business' performance by comparison with your industry peers. For example: Are you spending too much on advertising?... Are you paying too much rent? Are your staff costs too high? How does your profitability compare? Survival in today's business climate requires you to spend more time working ON your business rather than working IN the business. It's also important to know what is working in your business and what areas need working on. This is where industry benchmarks can help you. What is Benchmarking? Benchmarking is a way of assessing your business' performance by comparison. Most businesses compare financial results with budgets and historical data, usually last month or last year. But all these comparisons are internal. On the other hand benchmarking compares your business performance with others in your industry or related industries, so that you can measure yourself against the best, average and poorer performers. Benchmarking also allows you to assess where other businesses are doing things differently which may help you to improve your own business practices and results. We generate comparative reports and graphs that are easy to understand and we spend time with you making sure that you understand your industry averages and analysis. Benchmarking Characteristics You can benchmark your business against a variety of characteristics including: sales and turnover profitability overheads key performance indicators such as Gross Profit, Wages to Turnover and Net Profit pricing structures and fees number of customers staff turnover Benchmarking is of limited value unless you use the results to improve your business. Having identified where there are weaknesses in your business, the next step is to make changes to strengthen those areas. Here at Freedom Accounting Group, we primarily work with ambitious business owners who are generally part of a family group. They recognise the importance of marketing and are willing to invest in their business. They are prepared to work hard, but they also want to work smarter If you're a committed and ambitious business owner looking to accelerate your business success we invite you to book a free, one hour introductory consultation to discuss your business or farm needs. You'll get practical business, tax, marketing and financial advice designed to help you build your business and grow your wealth. To book a time, contact us on (02) 6021 0335 or [email protected]

03.01.2022 The COVID-19 pandemic not only triggered a global health crisis, it also plunged Australia into recession for the first time in three decades. As such, a lot of business owners are in unfamiliar territory and we are here to help you navigate your way through this extraordinary and challenging period. Here’s the first edition in our series of Recession Buster Newsletters... https://www.freedomaccountinggroup.com.au//recession-bust/

02.01.2022 This is valuable information on running a small business put out by the Australian Securities and Investment Commission ASIC