Libra Accounting | Tax preparation service

Libra Accounting

Phone: +61 438 839 136

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24.01.2022 As part of National Scams Awareness Week, we encourage you to talk more about the scams you come across to help others avoid them too! Threatening you with fines, arrest or even deportation are just a few common tactics scammers use to steal your money and personal information. To protect yourself find out how to spot a tax scam at https://ato.gov.au/scams

20.01.2022 Something’s different this year Instead of a payment summary, you might receive an ‘income statement’. So what does that mean for you at tax time? If you use a tax agent, you don’t need to do anything; they’ll have access to the info so they can lodge your tax return. If you lodge your own return, you can access your income statement by logging into our online services through myGov. Top tip: Wait until your employer marks your info as ‘tax ready’ in myGov before you lo...dge (they should get it done before 31 July 2019). Your other info will be pre-filled in your return by mid-August. Find out more at www.ato.gov.au//Working-as-/Accessing-your-payment-summary

17.01.2022 So many clients have raved about this book to me, so en-route to Sydney this afternoon (with a glass of SSB in hand) I decided to finally read it! ...I’ve just planted my apple tree. . If you do one thing this year towards your financial health then read this book and then give it to your kids !

08.01.2022 The ATO is keeping a close eye on ‘other’ deductions this year, which includes claims for things like home offices, tools and equipment, phone, internet, union fees, seminars and conferences. Make sure you’re on the right track towards tax time hang onto all your receipts and check with us that they are claimable .

01.01.2022 SCAM ALERT There’s been an increase in scam text messages (SMS) offering fake tax refunds. These messages will usually ask you to click a link to claim a refund, and may appear to come from the ‘ATO’. Don’t click the link or anywhere in the message, even if it seems legit. Don’t provide your personal info. The ATO will never ask for your details over text message.... Warn your family and friends to watch out for this scam. Visit the ATO scam alerts page to learn more: www.ato.gov.au//Online-servi/Identity-security/Scam-alerts