Meet Nidhi Chhapwale, one of Hoffman Kelly’s talented accountants who joined the team in January 2024. We recently took the opportunity to get to know Nidhi better and learn more about her life beyond her professional career. If you could only watch one movie for the rest of your life, what would it be? [...]
Keeping financial data current is essential for effective decision-making and spotting issues early. Inaccurate records can lead to costly mistakes, missed opportunities, and compliance risks. Fortunately, by adopting a few key practices—like automating tasks and scheduling regular reviews—you can ensure your financial records stay accurate and up-to-date. Here are some straightforward strategies to make [...]
Efficiency, quality, and adaptability are pivotal in the manufacturing industry. Staying competitive means never losing sight of the fundamentals. From operational efficiency to compliance, manufacturers face the constant challenge of managing costs and maximising productivity in a world of slim margins and high customer expectations. In this article, we’ll explore the key areas that [...]
In April 2024, Izak Ahearn became a valued member of the Hoffman Kelly team as one of our talented accountants. Recently, we had the pleasure of sitting down with Izak to get to know him better and explore some of his interests beyond the office. Here's what we learned! If you could only watch [...]
As a trustee of a Self-Managed Super Fund (SMSF), it's crucial to understand the importance of accurately recording your fund's assets at market value each year. The Australian Taxation Office (ATO) has heightened its scrutiny in this area, leading to increased vigilance by Fund Auditors. By ensuring that you are well-informed about the valuation [...]
The process of starting or restructuring a business entails numerous critical decisions, with one of the most pivotal being the selection of an appropriate business structure. This decision not only influences your tax obligations but also plays a significant role in the protection of your assets. To assist you in making informed decisions, we [...]
Meet Rebecca, or simply Beck — our lovely receptionist. We took the opportunity to sit down with Beck to learn about his interests outside of the office. If you could only watch one movie for the rest of your life, what would it be? That is such a tough question as I am a [...]
On 14 May the government handed down its annual budget. Whilst often a time that many tax and superannuation change priorities are revealed and analysed, this year nearly all of the announcements are not tax related. Our summary of measures is in the link below and we look forward to discussing anything relevant to [...]
It’s tax time… well, pre-tax time! In the lead-up to the EOFY, tax planning becomes an even more important tool to understand and effectively minimise your tax obligations for the current financial year. This goes for us as advisors and you as taxpayers. As we approach the 30th of June 2024, there are strategies [...]
Meet Michael — one of our Senior Accountants at Hoffman Kelly. We took the opportunity to sit down with Michael to learn about his interests outside of the office. If you could only watch one movie for the rest of your life, what would it be? Lord of the Rings: Fellowship of the ring. Childhood [...]
