Networth Accounting in Haymarket | Accountant

Networth Accounting

Locality: Haymarket

Phone: +61 2 9281 4067

Address: 422/311 Castlereagh Street 2000 Haymarket, NSW, Australia

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

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23.01.2022 At NetWorth Accounting we pride ourselves in providing outstanding support and guidance to our clients, especially through uncertain times. This dedicated approach underpins everything we do and leads to stronger planning, purpose and results for individuals and businesses alike. We are here to help you! ... Contact us now on 02 9281 4067 or at [email protected]

20.01.2022 Everything you need to know about the changes to private health insurance. https://www.nwa.com.au//13/Private-Health-Insurance-Changes

20.01.2022 The NSW Government is offering a grant of up to $10,000 for small businesses that have been highly affected by the Covid(19) restrictions as a part of the NSW Government Small Business Support Fund. To find out more about this grant read the article below or call us on 02 9281 4067. https://www.nwa.com.au//nsw-government-small-business-gra/

19.01.2022 The ATO are targeting small businesses in VIC QLD and NT in a compliance blitz. https://www.nwa.com.au/single-post//31/ATO-Compliance-Blitz

18.01.2022 Last night, the Federal Government’s Stimulus Packages to help the Australian economy withstand and recover from the economic impacts of COVID(19) was legislated through parliament. This includes the Cash Flow Assistances for Businesses package. Boost Cash Flow Eligible SMEs will receive a Boost Cash Flow for employers of up to $50,000 (with a minimum payment of $10,000). The payment will provide cash flow support to businesses with a turnover of less than $50 million that ...employ staff between 1 January 2020 and 30 June 2020. The payment will be delivered by the ATO as an automatic credit upon lodgment and will be tax free. Eligible businesses that withhold tax on their employees’ salary and wages will receive a payment equal to 100% of the amount withheld from the Australian Tax Office upon lodgment of their activity statements, up to a maximum of $50,000 in total. For Businesses who lodge quarterly, they will receive assistance for their March 2020 and June 2020 Business Activity Statements (BAS). For businesses who lodge monthly Installment Activity Statements (IAS) this period will include the months of March, April, May and June. If your Wages Tax Withheld for the March quarter BAS was less than $10,000 you will receive a $10,000 credit in your March 2020 BAS or IAS. If your wages tax withheld in the March quarter was between $10,000 & $50,000 you will receive a credit for the amount of your wages tax withheld. The payment for monthly lodgers will be calculated at three times the rate (300 per cent) in the March 2020 activity statement. Additional Payment Businesses that continue to be active will also receive an additional payment following the lodgment of your June 2020 & September 2020 BAS or your June, July, August, and September 2020 IAS. The additional payment will be delivered as an automatic credit in the activity statement. For monthly lodgers this will equal to a quarter of your initial Boost Cash Flow payment. For Quarterly lodgers this will equal to half of your Boost Cash Flow payment (up to a total of $50,000). This means that eligible businesses will receive at least $20,000 up to a total of $100,000 under both payments. We will be in touch with you to further discuss how this will directly assist yourself and your business.

18.01.2022 The government has released many economic packages to help the economy withstand and recover from Covid(19). Two of these packages are in relation to superannuation. If you wish to discuss your specific circumstances in more detail please contact us on 02 9281 4067. Check out the link below for more information ... https://www.nwa.com.au//covid19-government-superannuation/

18.01.2022 The ATO have released a media release warning of scammers who are impersonating the ATO. Contact us on 02 9281 4067 or email us at [email protected] for more information. https://www.ato.gov.au//Scammers-impersonate-ATO-phone-nu/

18.01.2022 Entering into tax time season, we thought we would write a quick guide for preparing your tax documents. Check out the article below https://www.nwa.com.au/2020/07/17/preparing-for-tax-time/

15.01.2022 With the increased number of employees working from home due to coronavirus, we wanted to ensure you understand how and what you can claim within your tax return. If you are an employee required to work from home, you may be able to claim a deduction of 80 cents per hour while working from home during Covid(19). For details on the deduction methods please see our article below. ... https://www.nwa.com.au///working-from-home-during-covid19/

14.01.2022 Wishing you and your loved ones a joyous Christmas with Peace and happiness in the New Year. At this special time of the year, we would like to thank all of our cherished clients for their loyalty and continuous support of our small Australian business. Merry Christmas! ... Yours Truly, Phebe Cahill & the Team at Networth Accounting

13.01.2022 CGT Changes for Australian Expats Overseas - https://mailchi.mp//cgt-changes-for-australian-expats-over

13.01.2022 What does the failure to pass the Amnesty into law mean for you? https://www.nwa.com.au//Failure-to-Pass-the-Superannuation

10.01.2022 NWA Newsletter Are you worried your property is not performing https://mailchi.mp/280d64f5b/nwa-newsletter-property-market

09.01.2022 Notice of Our Current Operation During COVID(19) - https://mailchi.mp//notice-of-our-current-operation-during

06.01.2022 Happy End of Financial Year Remember tax returns will be ready to be completed soon. It's time to start gathering your tax documentation and reviewing your deductions. We are excited to continue working with all our wonderful clients this tax season!

05.01.2022 Find out if you are entitled to claim home office expenses. Call us on 02 9281 4067 or email us at [email protected]. https://www.nwa.com.au//ATO-is-cracking-down-on-home-offic

03.01.2022 What To Do If You Change Your Address? Have you recently moved house or changed your business premises? If so, it is important to make the team at Networth Accounting aware of the change and provide us with your new address. ... As well as ensuring we have your up to date details we may also need to update your address with ATO and ASIC. If you have a company, your address details for your registered office and principal place of business will need to be updated with ASIC. To avoid late fees, ASIC must be notified about any change to your address within 28 days. Residential addresses of any officeholders and members must also be updated. If you have recently moved address and have not made us aware, please contact the office on 02 9281 4067. Kind Regards Phebe Cahill Networth Accounting

02.01.2022 On Monday 30th of March, the Government announced its intention to pass an additional legislation for businesses, sole traders and the self-employed who are significantly affected by COVID(19). Please see full article using link below. Please don't hesitate to contact the team at NetWorth Accounting if you have any questions, we are striving to help all our existing and new clients during this uncertain time. ... https://www.nwa.com.au//jobkeeper-subsidy-for-businesses-/

02.01.2022 With the end of the financial year almost upon us, we have prepared some helpful tips to ensure you get the most out of your super this tax time. Check out the link below https://www.nwa.com.au/2020/06/19/super-tax-time-tips/

01.01.2022 A guide to claiming charitable donations as a tax deduction. https://www.nwa.com.au///03/13/Guide-to-claiming-Donations

01.01.2022 Which documents should my Australian Company Number (ACN) appear on? - https://mailchi.mp//which-documents-should-my-australian-c