PDH Accounting Services in Charlestown, New South Wales | Accountant

PDH Accounting Services

Locality: Charlestown, New South Wales

Phone: +61 2 4943 4475

Address: 1 Hopetoun Street 2290 Charlestown, NSW, Australia

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

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• Tax preparation service
• Accountant
• Financial service

24.01.2022 Tax office to double audits of 'dodgy' rental deductions: Rental property owners are being warned to ensure their claims are correct this tax time, as the ATO has announced it will double the number of audits... scrutinising rental deductions, with a specific focus on: - over-claimed interest; - capital works claimed as repairs; - incorrect apportionment of expenses for holiday homes let out to others; and - omitted income from accommodation sharing. The number one cause of the ATO disallowing a claim is taxpayers being unable to produce receipts or other documents to support a claim. Furnishing fraudulent or doctored records will attract higher penalties and may also result in prosecution. The ATO has also reminded taxpayers that, since 1 July 2017, they can no longer claim travel expenses related to inspecting, maintaining or collecting rent for a residential rental property, unless they are an "excluded entity".

20.01.2022 Wishing you all a fabulous Christmas from everyone at PDH! Stay safe and as cool as you can, see you in 2020.Wishing you all a fabulous Christmas from everyone at PDH! Stay safe and as cool as you can, see you in 2020.

18.01.2022 Tax time tips for small business: To lend a 'helping hand' to small businesses to get their tax right this Tax Time, the ATO has identified the top 3 issues they see when small businesses... lodge their tax returns: Failing to report all of their income; Not having the necessary records to prove small business expenses claims; and Claiming private expenses as business expenses (such as travel expenses). See more

15.01.2022 Please note that our office will be closed from Friday, 20 December 2019 and will reopen on Tuesday, 7 January 2020.Please note that our office will be closed from Friday, 20 December 2019 and will reopen on Tuesday, 7 January 2020.

14.01.2022 ATO recommends updating ABN details for disastrous reasons: The ATO has provided a novel, though important, reason for businesses to update their ABN details: to help businesses to manage the coming disaster... season. ABN details are used by emergency services and government agencies to help identify and contact businesses during times of emergency and potential disaster. Therefore, to make sure they don’t miss out on receiving important information, the ATO asks that businesses update their ABN details, including authorised contacts, physical location, email and phone number. Also, if a taxpayer is no longer in business, the ATO asks they cancel their ABN so they aren't contacted unnecessarily. See more

13.01.2022 Happy New Year!

12.01.2022 Happy New Year!!

11.01.2022 Merry Christmas from PDH Accounting Services!

06.01.2022 Happy Weekend All

05.01.2022 It's Fringe Benefits Tax time! Have you completed your FBT Questionnaire and returned it to our office yet? If not, make sure you check your emails, and return it to us as soon as possible! If you haven't got one and think FBT applies to you, please call us and we'll send you one.

02.01.2022 ATO targeting false laundry claims: The ATO will target false clothing and laundry work related expense claims this Tax Time. In 2018, around six million people claimed work related... clothing and laundry expenses totalling nearly $1.5 billion. Assistant Commissioner Karen Foat said although many Australians can claim clothing and laundry expenses, it's unlikely that half of all taxpayers are required to wear uniforms, protective clothing or occupation-specific clothing to earn their income. "Last year a quarter of all clothing and laundry claims were exactly at the record-keeping limit", Ms Foat said. "But don't think that we won't scrutinise a claim because we don't require receipts". She also said the ATO does not ignore incorrect claims 'just because they are small, because small amounts add up". The ATO is also concerned about the number of people claiming deductions for conventional clothing, such as retail workers claiming normal clothes "because their boss told them to wear a certain colour, or items from the latest fashion clothing line", or others claiming normal clothes because they only wear them to work. TheATO's sophisticated data analytics is constantly improving and can identify unusual claims by comparing taxpayer claims to others in similar occupations. Taxpayers who can't substantiate their claims should expect to have them refused, and may be penalised for failing to take reasonable care when submitting their tax return. See more

01.01.2022 Weekends are short- make this one great!