Prestige Accounting in Coolum Beach, Queensland | Accountant

Prestige Accounting

Locality: Coolum Beach, Queensland

Phone: +61 414 584 044

Address: 509/63 Coolum Terrace 4573 Coolum Beach, QLD, Australia

Website: https://www.prestigeaccounting.com.au

Likes: 125

Add/Update information

Reviews

Tags

• Tax preparation service
• Accountant
• Financial service

25.01.2022 Economic stimulus package. $750 Will I receive it? From the PMs announcement just now, you will need to be on a government payment to receive the $750. Importantly, this includes family tax benefit, which is where the majority of our clients will be eligible. It also includes people on the government pension which is welcome relief for those in that category. In terms of timing, it appears that the payment will be from 31st March. You will not have to apply for the payment. Note that this is just a small snippet of the announcement. Please share.

23.01.2022 Lost SUPER - The ATO can help you locate any lost Superannuation On-line. SuperSeeker is a tool that would help you look for your lost and unclaimed super and provide you with a list of possible matches. And its all FREE. So head to www.ato.gov.au and look for your Super.

22.01.2022 Good morning all, just a reminder about the offer from the ATO. So if you are a small business struggling to pay your Tax obligations then give us a call. Remember this offer expires in just over a week.

21.01.2022 Feel like a delightful stay in the Port Douglas region next to the rainforest and reef? Clients of 15 years, Anne & Fernando built this gorgeous B&B during their journey with us. We are delighted to support them in the recovery of their business and hope you will too. They are certainly wonderful hosts. www.mantaray.com.au To consider if Prestige Accounting is a good fit for you go to:... www.prestigeaccounting.com.au See more

21.01.2022 Benefit from having your own wealth portal and app. We think you will love it. Contact us to consider our packages including the app.

17.01.2022 Job Keeper eligibility: New ATO alternative tests released: Do you potentially fit into any of the following:... Your business did not exist in the prior year Your business had a re-structure Turnover increased substantially from past period Drought or natural disaster Businesss with Seasonal earnings Your business is a sole trader / partnership and you had illness, injury or leave affect prior earnings Your business is not the same as it was, due to acquiring or disposing part of the business If so, consider your options further. For full details and to explore how this may benefit you, we recommend seeking help from your Accountant / trusted advisor, or contract us. We are all slowly getting through this

15.01.2022 A correctly prepared return will avoid the ATOs data matching please explain letters .

12.01.2022 Economic stimulus package Understanding business immediate write offs: You may have heard that businesses can claim instant asset write offs for equipment worth less than $150k. It is important to note that this is a timing issue rather than a real cash benefit. Previously when instant write-offs were announced, some businesss were under the impression that this meant cash received. What it really means is that rather than claiming a deduction for the fall in value of a...n asset over a number of years (depreciation), you get a deduction in the financial year the asset was purchased in. How does this affect our clients? The most common situation will be business owners have the opportunity to purchase a car for business purposes prior to 30 June 2020 and receive a full deduction in that year (up to a cost limit of $57k and extent of business use). This could save businesss significant tax this financial year. Please seek advice first to ensure your business is eligible and how it will affect your business. Please share, thank you :)

11.01.2022 Act TODAY to apply for Adaption Grant up to $10,000 for eligible small businesses. Contact us now www.prestigeaccounting.com.au

09.01.2022 Feel like a delightful stay in the Port Douglas region next to the rainforest and reef? Client's of 15 years, Anne & Fernando built this gorgeous B&B during their journey with us. We are delighted to support them in the recovery of their business and hope you will too. They are certainly wonderful hosts. www.mantaray.com.au To consider if Prestige Accounting is a good fit for you go to:... www.prestigeaccounting.com.au See more

06.01.2022 Economic stimulus package. $750 Will I receive it? From the PM's announcement just now, you will need to be on a government payment to receive the $750. Importantly, this includes family tax benefit, which is where the majority of our clients will be eligible. It also includes people on the government pension which is welcome relief for those in that category. In terms of timing, it appears that the payment will be from 31st March. You will not have to apply for the payment. Note that this is just a small snippet of the announcement. Please share.

04.01.2022 In today's times a strong relationship with your Accountant is more important than ever before. We would be delighted for you to consider our services, to benefit you.

03.01.2022 Government Relief package 2: KEY POINTS www.prestigeaccounting.com.au We are a proactive Accounting firm looking to benefit you.... Individuals: - $750 payment: effectively doubles for eligible individuals. Available from July 13 to individuals on age pension, Carers allowance, family tax benefit, health care card holders. - Newstart effectively doubled with additional $550 coronavirus supplement. Sole traders potentially eligible if income decreases by 20% or more. Superannuation: - Early access to superannuation tax free up to 10k this year and 10k next year. Applications to be online with simple declaration to ATO. - Retirees - Minimum yearly superannuation withdrawal reduced from 4% to 2%, making it easier to access super. - Retirees - Deeming rate to be reduced Employers: - Employer benefits quadrupled to $100k from previous announcement of $25k. Minimum payment increases from $2k to $20k. Includes a large number of not for profit entities. - Employer loans up to $250k for 3 years. No repayments in first six months, loan secured by government during this time. Relief in insolvency laws: - Relief for Companies that may potentially be trading insolvent during this time. Normally illegal to trade if insolvent. - Insolvency action by creditors, minimum to increase from $2k to $20k before action can be taken. - Response time to increase from 21 days to 6 mths. Note that all of the above expected to become law Monday. Keep positive!!! and look after all.

01.01.2022 Lost SUPER - The ATO can help you locate any lost Superannuation On-line. 'SuperSeeker' is a tool that would help you look for your lost and unclaimed super and provide you with a list of possible matches. And it's all FREE. So head to www.ato.gov.au and look for your Super.

01.01.2022 Attention Queensland businesses: Job Support Loan guidelines are now out and we are successfully submitting applications. We can assist with your businesss continuity and see if these loans suit you.