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Profacc Public Accountants in Perth, Western Australia | Financial service



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Profacc Public Accountants

Locality: Perth, Western Australia

Phone: +61 8 9300 9665



Address: 3/15 Vanden Way, Joondalup 6027 Perth, WA, Australia

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

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25.01.2022 To get this you must: - have a dependent child or full time secondary student aged 16 to 19 who isn’t getting a pension, payment or benefit like Youth Allowance - care for the child for at least 35% of the time - meet an income test... You may have been eligible for 1 or both of the Economic Support Payments. If you claim Family Tax Benefit as a lump sum, you’ll get the payment with your lump sum amount. To get this you must: - have a dependent child or full-time secondary student aged 16 to 19 who isn’t getting a pension, payment or benefit like Youth Allowance - care for the child for at least 35% of the time - meet an income test Want to know more? Speak to our advisors, we'll make sure you are receiving all your entitlements.



25.01.2022 Do you agree with this? Interesting thought... #finance #accounting #accountingservices #perthaccounting #perthbusiness #financialplanning

25.01.2022 http:/// New Blog /// Does the word debt scare the living daylights out of you?! Or are you considering leveraging debt to help your business grow? ... Grab a cuppa and read our tips for reducing business debt if it's getting out of hand, as well as a look at when debt can be good! https://profacc.com.au/managing-business-debt/

24.01.2022 Do you agree? #finance #financialplanner #taxadvice #accounting #perthaccountant



24.01.2022 Ready to sell up? When determining the value of your business you need to take into account a few factors. You may want to obtain advice from your financial adviser or accountant who has experience in selling similar businesses. Factors to consider: Return on Investment (ROI) Asset Value... Market Value Contract details & settlement See more

24.01.2022 International trade and investment are critical to the Australian economy, providing jobs and prosperity Would you like to find out more about internal trade? Are you gearing up to take your business global? Book now for a free consultation to map out your opinions and obligations https://profacc.com.au/contact-us/

22.01.2022 Curious to know more about self-managed super funds? We give you the low down with a simple breakdown of benefits and considerations... https://profacc.com.au/understanding-self-managed-super-fu/



22.01.2022 You might choose to switch your home loan to gain: - a lower interest rate - lower fees - more flexible repayment options... - better features And while you can save literally thousands of $ if you do it right, first you must check whether there will be any start-up fees, break fees, or other costs involved. Even if there are fees associated with switching, this isn't a deal-breaker. You want to work out your breakeven costs, so, just factor them in before you switch. Talk to our advisors today for financial advice that suits YOU and your unique circumstances https://profacc.com.au/ #homeloan #mortgageadvice #financialplanning

21.01.2022 Now, you might be running a business that you love, and feeling young and invincible. Or perhaps you have a young business that is only just getting off the ground, and not want to think about that far into the future. But you must think about it. The good news is, it does not need to be all that scary or difficult. https://profacc.com.au/how-to-develop-your-business-succes/

21.01.2022 The team at Profacc Public Accountants are keeping up to date with any changes due to the new lockdown in WA. Financial relief notices: Payroll tax exemption extended for JobKeeper payments - WA businesses will continue to be exempt from paying payroll tax under the JobKeeper Payment scheme until March 28, 2021.... (Payroll tax relief legislation passed in April 2020 provides a payroll tax exemption for subsidies under the original scheme. The legislation included the ability for the government to continue the payroll tax exemption if JobKeeper was extended) Small business support services - The Small Business Development Corporation has created a COVID-19 assistance centre to provide dedicated, timely guidance on available support options, including: - information on available stimulus packages and eligibility requirements - advice on preparing businesses to manage impacts other resources. #taxadvice #accounting #financialplanning #financialplanners #perthaccountant . . . https://www.wa.gov.au//covid-19-coronavirus-business-and-i

20.01.2022 Financial Friday If youve hired an accountant, youre already on a great path to financial success - but how often do you need to meet with your accountant? Well, that really depends on what you hired them to do... Personal Finances - most people make the mistake of only meeting with an accountant once a year, right before taxes are due. While this can sometimes be enough, it really is not recommended. Ideally, you are meeting with your accountant about twice per year.... Business Finances - if youre using an accountant for your business finances, you should be meeting with them at least quarterly. This will help you to ensure that your quarterly tax payments are correct and on time, as well as establish a regular time for you to review your records and documentation to make sure everything is in order. You should also make a point to meet with your accountant before any major financial decisions. Bookkeeping Services - if youre also using bookkeeping services, youll likely want to meet up more often. Depending on how frequently you pay your employees, you may want to meet up weekly, bimonthly, or monthly. Ask your bookkeeper to suggest a good meeting frequency. Read more: https://profacc.com.au/how-often-should-you-meet-with-your/

19.01.2022 Does the word ‘debt’ scare the living daylights out of you?! Or are you considering using debt to help your business grow? It is inevitable that all businesses will have some debt at some point. Larger businesses are more likely to have debt actually factored into their growth strategy, while smaller businesses will be trying to avoid it all costs. But is all business debt bad? And how can you as a business owner deal with debt in the right way? ... Let’s look at debt as a whole - how to manage debt if it’s bad debt, but also when debt can actually be a good thing! https://profacc.com.au/managing-business-debt/



19.01.2022 Why make a business succession plan? It can be hard to plan for succession because most people do not want to think about a time when they are not in charge! You might be avoiding thinking into the future instead, you're just focusing on the here and now. You might be busy worrying about the current bottom line, the short-term future, and how to keep the wheels turning.... But your future self will thank you for thinking about it now. The main reasons to have a business succession plan are: CLICK TO READ THE FULL BLOG

19.01.2022 Business owners: Is your business enrolled for JobKeeper payments? You may be able to nominate an eligible business participant as well one (and only one) ind...ividual whos not an employee but is actively engaged in the operation of your business and is: a sole trader a director of, or shareholder in, a company a partner directly involved in a partnership an adult beneficiary of a trust (who is not the trustee) Find out more at https://www.ato.gov.au//Eligible-business-participants-fo/

19.01.2022 Which one are you?! Are you ready for tax time? We will help you! https://profacc.com.au/

18.01.2022 Are you wondering about your JobKeeper payment eligibility now restrictions are lifting? The ATO has some good news - once you're in, you're in! Youll continue to receive payments as long as you:... met the criteria when you first applied continue to pay eligible staff lodge business monthly declarations. You can read more here: https://www.ato.gov.au//JobKeeper---easier-to-understand/

18.01.2022 We want you to achieve your financial goals and keep on top of your finances even during this current climate Read on for some tips to help you navigate your finances during this time

17.01.2022 Wondering whether you can claim your new coffee machine or your COVID-19 uniform (pyjamas) this tax time? Check out our latest podcast for the answer Assis...tant Commissioner Adam OGrady chats with Director of Absolute Accounting Services, Gavin Swan (and his pup Leo) about: what you can and cant claim if you work from home how to make lodging your tax return easy the importance of reviewing your claims in light of recent events, and more! Have a listen at www.ato.gov.au//Video-and-audi/ATO-podcast---Tax-inVoice/

17.01.2022 Which coin do you think weighs the most? The fifty-cent coin!!! (and the five-cent coin is the lightest)

17.01.2022 To offer some financial support to Australians during the Coronavirus economic crisis, the government has implemented new temporary stimulus measures and one of these measures is to allow eligible Australians early access to their superannuation. Sounds great to anyone who has lost their job or is under financial strain? Well, it might not be that simple. Read on to see the pro's and con's of taking money from your super now ... https://profacc.com.au/should-you-access-your-superannuati/

16.01.2022 What about... SMSF? Whilst it does not suit everybody, a Self-Managed Super Fund (SMSF) is an attractive option for those who are looking for more control over their retirement savings and investments. Read more here...... https://profacc.com.au/understanding-self-managed-super-fu/

15.01.2022 Lenders use your credit score (or credit rating) to decide whether to give you credit or lend you money. Knowing this can help you negotiate better deals, or understand why a lender rejected you. How your score is calculated - your credit score is calculated based on what's in your credit report. For example: the amount of money youve borrowed... the number of credit applications youve made whether you pay on time Depending on the credit reporting agency, your score will be between zero and either 1,000 or 1,200.

15.01.2022 How to choose the right accounting software for you? Make a note of your priorities in relation to: Cost... Usability Features See more

14.01.2022 For this week, our Financial Friday brings you a new Blog Post If you had $200 to invest, where would you put it? What about $1million... or more? Did you receive a tax rebate this year? Have you been given a pay rise? Did you receive an inheritance?... Choose how to invest that money to maximise the financial benefits https://profacc.com.au/personal-investment-maximising-the-/

13.01.2022 Do you have financial goals and a plan of how to achieve them? Typical goals that most adults and young adults have are paying off credit card/student loan/housing/car loan debt, investing for retirement, costs for children, paying medical expenses. Contact our team today and put a winning plan in place to achieve your financial goals https://profacc.com.au/contact-us/

13.01.2022 The silly season *** festive season *** is pretty much here... if you would like financial advice so finish the year strong then we are here to help with your business accounts or personal planning #accountant #financialplanning #money #businessgrowth #taxplanning #accountingperth

12.01.2022 TAX TIME! Get your tax returns in order ASAP, then sit back and relax knowing you're done - you might even be able to treat yourself with any money you get back! At Profacc, our tax services include: Tax Consulting and Advice ... Individual & Business Tax Returns Partnership Tax Returns Company Tax Returns Trust Tax Returns BAS and IAS Returns Assistance in all overdue issues Estate Tax Returns https://profacc.com.au/income-tax-returns/

12.01.2022 Important tax info for anyone earning extra income through a sharing economy platform

11.01.2022 We can ALWAYS improve our financial health

11.01.2022 30th June - End of Financial Year!!!! Which means it's tax return time.... Book now to secure your preferred appointment time https://profacc.com.au/contact-us/

11.01.2022 We can help you adjust that focus when it comes to your money! Looking to build up your savings? Thinking about retirement planning? Need to budget for the kids school fees? Whatever your focus, let us help you achieve your financial goals

10.01.2022 We know that every business owner would much rather spend their time and effort to generate income than working on their financial statements. As we are passionate about helping your business succeed, we can assist in all your bookkeeping needs. Our highly qualified bookkeepers already assist clients from many different industries, and we can assist you too. We are knowledgeable, efficient, and focused to provide the best possible outcome for you.... Book a free consultation https://profacc.com.au/contact-us/

10.01.2022 BREAKING NEWS Australia’s Reserve Bank has slashed the cash rate to an unprecedented 0.10 per cent, in the lowest interest rate cut ever recorded. https://www.news.com.au///7530053b9d1aa50eea2feb9e8ef79290

10.01.2022 Whether you are saving for retirement, the childrens education, or need help to invest your bonus or inheritance, a good financial planner is worth their weight in gold. Financial planning is best done in a long-term partnership with your trusted financial advisor, just like a good coach for a professional athlete. We can help you create a sound financial plan with short, medium, and long-term goals to build and protect your wealth, with peace of mind along the way.

08.01.2022 When planning for your retirement it is easy to get caught up in numbers and head-spinning calculations. We want to simplify it for you by covering the most important factors to consider for your superannuation and retirement plans. https://profacc.com.au/how-much-super-do-you-really-need/

08.01.2022 Looking for a way to organise your business receipts, or to track inventory? Need to streamline your invoicing process or tax time stress? Make a list of your accounting needs and prioritize them from least to most important 12345 Speak to us and we can help you manage your accounts and help you choose the right software. ... Contact Profacc today www.profacc.com.au

08.01.2022 *** Tips to help make 2021 your best year yet *** If every year you set big financial goals but then never actually achieve them, then read on. We are going to share 6 tips that are so simple, yet they actually work!... Let us help you improve your finances. These tips apply to both your personal and business finances. #financialplanning #financegoals #moneysmart #tax #accounting #moneymanagement #accoutants #perthbusiness https://profacc.com.au/6-financial-management-tips-to-make/

07.01.2022 According to the RBA (Reserve Bank of Australia), the cash rate is set each month based on changes in the money market. The RBA Board has up to nine members and meets on the first Tuesday of each month and an announcement is made and published at 2.30pm on that day. This rate is then used by banks and lending institutions to set their own loan rates, which are usually higher than the cash rate. The RBA has no control over what rate the banks charge.

07.01.2022 A profit and loss (or income) statement covers all your sales and expenses. It tells you how much profit you're making, or how much youre losing. You usually complete a profit and loss statement every month, quarter, or year. Use your profit and loss statement to help develop sales targets and an appropriate price for your goods or services.

06.01.2022 TO APPLY FOR THIS ROLE please forward a detailed resume to [email protected] and we will send an application form. Please do not apply via messenger Are you looking for a new role for 2021 and beyond? ... Profacc Public Accountants and Financial Planning are looking to recruit a BOOKKEEPER to join our Joondalup office. Duties will include: Accounting, bookkeeping, financial and income tax-related processing, office duties etc To apply for this role: please view the position description and then forward a detailed resume to [email protected] and we will send an application https://www.linkedin.com/jobs/view/2374918414/

05.01.2022 Fun fact if you're interested to know....

04.01.2022 Employee Vs Contractor - do you know the difference? Independent contractors run their own businesses. They usually negotiate their own fees and working arrangements and can work for more than one client at a time. Independent contractors are called contractors or subcontractors. An employee works in your business and is part of your business.... /// There are three helpful tests that can help you figure out whether your worker is an employee or contractor. They are the: Australian Government Employee or Independent Contractor Decision Tool; Australian Tax Office (ATO) Employee or Independent Contractor Test; and ATO Superannuation Test.

03.01.2022 Time to bust some tax myths!

03.01.2022 Are you a business owner or leader? Do you know how your leadership style affects the business? Read on for a quiz and some tips for making the most of your leadership style... https://blog.hubspot.com/marketing/leadership-styles

02.01.2022 We recommend five key considerations when looking at superannuation funds and comparing to find the right one for you: 1. Fees 2. Investment options 3. Investment performance... 4. Insurance options 5. Customer service Assuming everything was equal, a super fund with lower fees is better than one with higher fees - but ALWAYS do your research - or ask us at Profacc for help #superannuation #tax #super #financialadvice https://profacc.com.au/self-managed-superfunds/

02.01.2022 Which accounting software do you use? How do you know which one to choose?! Here are some tips to help you narrow it down: ... Confirm your budget for the software Identify which features you NEED and WANT Do you require payroll functions? Would you like to have separate financial records for each business or department within the business? See more

02.01.2022 Do you appreciate your employees? Not only is it nice for people to feel appreciated. it makes good business sense too. Recruiting and training new employees can be costly. Praise good work even if it was simply following their job descriptions. If an employee went that little bit further or kept on top of work during a tough time, make sure you acknowledge this... Show your appreciation publicly - it's nice to call out great work and encourage peers too Offer and keep offering assistance programs or initiatives for any employee who is struggling either personally or professionally Celebrate birthdays and work anniversaries See more

01.01.2022 *** Important Update as of Monday 1st Feb 2021 *** Due to the WA Government announcement yesterday that Perth is now in a 5-day lockdown, all Profacc staff will be working from home until Friday 5th Feb. We are still able to help all our clients with their usual affairs. If you have any questions please feel free to email, message or call us: https://profacc.com.au/contact-us/

01.01.2022 We can help you plan - and achieve - your financial dreams

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