Quantum Accounting in Adelaide, South Australia | Business service

Quantum Accounting

Locality: Adelaide, South Australia

Phone: +61 8 8272 7099

Address: 17 Glen Osmond Rd, Eastwood 5063 Adelaide, SA, Australia

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

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• Business service
• Tax preparation service
• Accountant

25.01.2022 Single Touch Payroll (STP) is coming for employers with 19 or less employees. Take steps to prepare for the changes by contacting our office prior to 1 July 2019. https://www.ato.gov.au/business/single-touch-payroll/

22.01.2022 STAFF NEWS: Congratulations to Dimitri and Marie Sarantaugas who celebrated their son Theodore’s 1st birthday back in September. Also congratulations to Harry and Tamara Tsoutsikos who welcomed their first child baby Ari on 22 November 2017.

19.01.2022 STAFF NEWS: Welcome Antoni Dimitri Sarantaugas. A big congratulations to Dimitri, Marie and little Theodore who welcomed a beautiful baby boy on the 2nd of November 2019.

18.01.2022 Merry Christmas from team QA

14.01.2022 Dear Clients, During this period of uncertainty, it was pleasing to hear the Reserve Bank of Australia’s decision to reduce interest rates which coincided with the Federal Government’s announcement of a fiscal stimulus package. These were positive announcements for business owners, workers and income support recipients.... The key measures from the fiscal stimulus package are summarised below: -Tax-free payment of up to 25k for eligible businesses that employ staff, -50% wage subsidy for apprentices or trainees for payments, -Tax-free payment of $750 to pensioners, concession card holders and income support recipients, -Increase to the instant write-off threshold from $30k to $150k. Please contact our office on 8272 7099 to discuss your circumstances.

13.01.2022 Quantum Accounting wish to advise that our office will be closed on Thursday, 13 December 2018 due to an interruption to power supply on Glen Osmond Road. We are contactable on 0413 326 993 or 0403 221 973 for any urgent matters.

11.01.2022 STAFF NEWS: Congratulations to Nick Theodorakopoulos on recently being awarded a Merit for both the Tax and Financial Accounting modules of his Chartered Accountancy studies.

06.01.2022 Quantum Accounting Chartered Accountants - Business Continuity Plan

05.01.2022 150K Immediate instant write-off set for a significant drop The $150,000 instant asset write-off will soon revert to its original threshold of $1,000 from 1 July 2020. Announced in the first round of the government’s stimulus package in early March, the instant asset write-off threshold was increased by fivefold, rising from $30,000 to $150,000. However, the increased and expanded measure will only run until 30 June 2020, before reverting to its legislated $1,000 threshold an...d reduced eligibility to small businesses with a turnover of less than $10 million. While the write-off had been extended on a yearly basis in previous budgets, the postponement of this year’s budget to October has raised uncertainty over the future of the incentive, although Prime Minister Scott Morrison has declared that tax measures to encourage investment will be part of his JobMaker plan. For businesses that do decide to utilise the instant asset write-off, that asset will need to be used or installed ready for use by 30 June 2020 (watch the delivery date particularly with all the COVID-19 global delivery and manufacturing issues). For those who are considering purchasing a car, the ATO has reminded that the instant asset write-off will be limited to car limit of $57,581 for the 201920 income tax year, with the excess cost unable to be claimed under any other depreciation rules. Please contact our office to discuss your circumstances.

04.01.2022 Chartered Accountants ANZ has partnered with Rural Aid to raise much needed funds to assist Australian businesses and farmers in rural and regional communities affected by bushfire and drought. Dimitri Sarantaugas and Harry Tsoutsikos, directors of Quantum Accounting are aiding Chartered Accountants ANZ to achieve their target of $450,000. If you choose to donate, your donation will assist Rural Aid’s numerous initiatives providing resources as hay, stock feed and water as we...ll as counselling, financial assistance and volunteers. If you would like to donate, please click on the link below: https://www.ruralaid.org.au/donate/?supporter_id=13744 Dimitri Sarantaugas Harry Tsoutsikos

03.01.2022 Merry Christmas Team QA