Artha
Stay Informed with Our Accounting Blog
How can we support your business profitability?
Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment? Talk to us about how we can work with you to support your ongoing business profitability. Turning a profit will be high on your list of...
ATO finalises guidance on using raised capital to fund franked distributions
The ATO has finalised its compliance approach in relation to the integrity measure in s 207-159 of ITAA 1997, which operates to make certain distributions funded by capital raising unfrankable. The ATO has finalised the Practical Compliance Guideline PCG 2025/3, which...
Small business instant asset write-off to be extended for 2025–26
A bill amending the Income Tax (Transitional Provisions) Act 1997 to extend the $20,000 instant asset write-off until 30 June 2026 has been introduced to parliament. As part of the 2025 Federal Budget, an increase in the small business instant asset write-off...
How to claim tax deductible expenses as an individual
If you’re incurring expenses as part of your job or self-employment, you can claim some of these expenses back and lower your overall income tax bill. As an individual taxpayer, you know it’s mandatory to submit your annual tax return to the Australian Taxation Office...
Business credit: how a business credit card helps your startup
A business credit card could be an excellent way to start building your company’s credit profile. We’ve listed five benefits of applying for a business credit card. At the early stages of your start-up journey, access to credit can be a lifesaver. Cashflow is tight,...
Your upcoming tax calendar for June 2025
With the end of the current tax year upon us, please do not forget about your final tax obligations for 2025. Here is a list of key tax dates for June 2025. The end of the current financial year is upon us. For most of you, this means preparation to start finalising...
Tax measures proposed by the re-elected ALP
Australian Labor party (ALP) will form the government for a second consecutive term after winning the Federal election with majority seats. We have summarised for you, all tax measures proposed by the ALP throughout their federal election campaign. The ALP has been...
Changes in work from home deduction from 1 July 2024
The way to calculate a working from home deduction using fixed cost method for additional running expenses has been adjusted from 1 July 2024, with the ATO issuing a new hourly fixed rate. The Australian Taxation Office (ATO) has issued new guidelines to help you in...
Five steps to better cash flow
To maintain a healthy cash flow, you need more than just strong revenue. Improve your small business cash flow by implementing Five Simple Cashflow Rules. Need a hand managing cash flow? You’re not alone. The key is getting your invoicing right, by invoicing customers...
Understanding Your Profit and Loss Statement
Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a snapshot in time, the...
Useful Resources
Featured Blogs: Abc’s of Bookkeeping
In today’s digital times, you’re probably used to having unrivalled access to your financial numbers, key performance indicators (KPIs) and cashflow metrics. Without good bookkeeping, the speed and quality of your reporting can quickly fall down.
Setup a Free Consultation
Address
Shop 2 161 Great Western Highway, Mays Hill NSW 2145
Mobile:
Subscriptions
Subscribe to our blogs and newsletters.