Saffron Business Advisors Chartered Accountants in Wembley, Western Australia, Australia | Tax preparation service

Saffron Business Advisors Chartered Accountants

Locality: Wembley, Western Australia, Australia

Phone: +61 8 9467 1705

Address: 21/350 Cambridge Street 6014 Wembley, WA, Australia

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

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• Accountant

23.01.2022 The Australian Government has extended the JobKeepers time to enroll until the 31st of May. If you have any questions regarding enrollment and your eligibility or need help enrolling, contact us on (08) 9467 1705. Alternatively, you can visit us at www.saffronbiz.com.au.

22.01.2022 Save up to 20% off your previous accounting fees this financial year with Saffron Business Advisors. New business clients get 10% off when they switch to Saffron Business Advisors and ANOTHER 10% off when you refer a new business client. We can help you in:... - Bookkeeping - Payroll Services - Tax Returns - Business Advice and Consultations - Preparation of Business Activity Statement - ASIC Corporate Compliance - Accounting Software Setup - Tax Planning - Business Secretary and much more! Message us or call us on (08) 9467 1705 to save more this financial year.

22.01.2022 With the new steps released by the ATO for the declaration of your GST Turnover, it is important to understand how to calculate your GST shortfall. Saffron Business Advisers has created an infographic to help you better understand the steps to calculating your shortfall percentage.

15.01.2022 Calculating the GST Turnover for the Australian Government's new JobKeeper scheme can be confusing. It is fundamental to understand GST turnover before you start calculating. GST turnover is the gross business income exclusive of : - GST includes in sales - Sales that are not for payment and are not taxable... - Sales not connected with an enterprise you run - Input-taxed sales - Sales not connected with Australia Follow us for the latest insights to help grow your business and manage your finances or call us on 9467 1705.

11.01.2022 The latest updates to the JobKeepers Payment. Alternative Testing If a business does not satisfy the basic test, The Commissioner has determined alternative te...sts for fall in turnover where there is not an appropriate relevant comparison period. One In, All In Once an employee decides to participate in JobKeepers, all eligible employees that have agreed to be nominated by the employer must be covered by the scheme. Full Time Students Full time students ages 16 to 17 years old are not eligible if they are not financially independent. Religious Institutions Religious Institutions that meet the eligibility requirements of the JobKeeper program will be able to receive JobKeeper payments for each eligible religious practitioner. International Aid Organisations International Aid Organisations are eligible if it is an approved organisation under the Overseas Aid Gift Deduction Scheme and meets the decline in turnover test. Call us on (08) 9467 1705 or visit our website www.saffronbiz.com.au for financial advice or services.

10.01.2022 It's Tax Tip Tuesday! This week we are kicking things off with claiming tax deductions at home. To claim deductions from home, the following must ALL apply: - You must have spent the money - The expense must be directly related to earning your income... - You must have a record to prove it. This means you can't claim a deduction for items provided by your employer, or if you have been reimbursed for the expense. If you are not reimbursed by your employer, but receive an allowance from them to cover your expenses when you work from home, you: - Must include this allowance as income in your tax return - But can claim a deduction for the expenses you incur. More info at: https://www.ato.gov.au//Supp/Employees-working-from-home/

09.01.2022 It's tax time! Save more this season at Saffron Business Advisors. We've saved countless clients thousands in tax deductions and continuing to count. Every financial situation is different and we take the time getting to know your situation so we can help you best. Book a free 30 minute consultation with us at our office or do you tax return contact free, with our contact free tax return service. We are so confident you will love us, you'll want to share us with your friends.... Save $10 when you refer a friend and share the savings this tax season. Message us through Facebook or call us on (08) 9467 1705 to save more this tax season!

07.01.2022 Its Tax Tip Tuesday! This week we are covering what expenses can be claimed from working at home due to COVID-19. These include:... - Electricity expenses associated with heating, cooling and lighting the area from which you are working and running items you are using for work -Cleaning costs for a dedicated work area -Phone and internet expenses -Computer consumables (for example, printer paper and ink) and stationery -Home office equipment, including computers, printers, phones, furniture and furnishings you can claim either the - full cost of items up to $300 - decline in value for items over $300. See more

07.01.2022 JobKeeper has been extended until the 28th of March 2021. From the 28th of September 2020, the JobKeeper scheme will be split into two periods. The first period being from the 28th of September 2020 to 3rd of January 2021 and the second period being from the 4th of January 2021 to the 28th of March 2021. The first period will see a decrease in payments from $1,500.00 per fortnight to $1,200.00 per fortnight for eligible employees who worked 20 hours or more a week on averag...e in the four weeks of pay periods before either 1 March 2020 or 1 July 2020. Business participants who were actively engaged in the business for 20 hours or more per week on average are also eligible. Payments of $750.00 per fortnight will be made to other eligible employees and business participants. The second period will have JobKeeper payments decreased to $1,000.00 per fortnight for eligible employees who worked 20 hours or more a week on average in the four weeks of pay periods before either 1 March 2020 or 1 July 2020. Business participants who were actively engaged in the business for 20 hours or more per week on average will also receive this payment. Other eligible employee and business participants will receive $650.00 a fortnight. To qualify for the payment, you will still need to meet the original decline in turnover test. You will need to demonstrate a decline in actual GST turnover by 30% in the September quarter to receive payments from the 28th of September 2020 to 3rd of January 2021 and December quarter to receive payments from the 4th of January 2021 to the 28th of March 2021. For more help, visit us at www.saffronbiz.com.au

05.01.2022 It's tax time! Save more this season at Saffron Business Advisors. We are so confident you will love us, you'll want to share us with your friends. Save $10 when you refer a friend and share the savings this tax season. Message us through Facebook or call us on (08) 9467 1705 to save more

03.01.2022 Welcome to Saffron Business Advisers pioneers in financial services. We provide an offer with a range of services, Financial Planning, Bookkeeping Services, Advisory Services, Tax and much more. The standard fee for a basic individual tax return is $88.00 (including taxes) Exciting news- *Get up to 25% off on your existing accounting fee ( for business clients only) For more info:... Ph: (08) 9467 1705 Visit www.saffronbiz.com.au See more

01.01.2022 JobKeeper is extended till the 28th of March 2021. From 28th of September 2020: - Businesses will reassess their eligibility with reference to the 2020 June and September quarter's actual GST turnover to be eligible till the 3rd of January 2021. ... - JobKeeper Payment reduced to $1,200.00 per fortnight for all eligible employees who worked 20 hours or more a week on average in the 4 weeks of pay periods before 1st March 2020, and all eligible business participants who were actively engaged in the business for 20 hours or more a week on average in the month of February 2020. -$750 per fortnight for other eligible employees and business participants. From 4th of January 2021: - Businesses will need to reassess their eligibility again with reference to the 2020 June, September, and December quarter's actual GST turnover to be eligible till the 28th of March 2021. - JobKeeper Payment reduced to $1,000.00 per fortnight for all eligible employees who worked 20 hours or more a week on average in the 4 weeks of pay periods before 1st March 2020, and all eligible business participants who were actively engaged in the business for 20 hours or more a week on average in the month of February 2020. - $750 per fortnight for other eligible employees and business participants.