Tax Ready with #HoffmanKelly:  Extension of the temporary full expensing (TFE) of depreciating assets

Everyone knows the secret to any good tax time is planning. At Hoffman Kelly, we’ve got all the tips on how you can make this tax time a smooth experience. Our third instalment of ‘Tax Ready with Hoffman Kelly’ is all about assets. More specifically, the Temporary Full Expensing (TFE) of depreciating assets. The TFE [...]

Tax Ready with #HoffmanKelly:  Extension of the temporary full expensing (TFE) of depreciating assets2022-05-12T11:25:57+10:00

Director Identification Number (DIN)

Australia’s Director Identification Number (DIN) regime came into effect on 1 November 2021, as you are a director of a company, you are required to register. You only need to apply for one Director ID no matter how many companies you are a director of. Who needs a director ID? All directors of a company, registered [...]

Director Identification Number (DIN)2022-05-12T10:51:44+10:00

Christmas Expenses: A Tax Treatment Guide for Business

With the holiday season upon us, it is customary for businesses to present their customers, suppliers, staff, and associates with gifts. Christmas parties are also a tradition for many businesses come December. However, end-of-the-year related costs for a business carry a wide range of tax treatments. The following guidelines will help you to apply the [...]

Christmas Expenses: A Tax Treatment Guide for Business2021-12-07T11:46:24+10:00

The Ins and Outs of Super Stapling

With the new super stapling rule in effect from November 1, 2021, it’s important for employers to understand what this means and how to remain compliant.  A stapled super fund is an existing super fund that is linked, or ‘stapled’ to an individual employee and follows them as they change jobs. A stapled super aims [...]

The Ins and Outs of Super Stapling2021-12-02T09:36:38+10:00

Queensland Stamp Duty Relief for Small Business Restructures

Eligible small businesses can now restructure from trading discretionary trusts to trading companies and are now able to access a stamp duty exemption in Queensland. The relief granted by the new legislation allows flexibility for businesses with less than $5 million turnover to assist management of current or expected compliance issues. Trust structures are useful [...]

Queensland Stamp Duty Relief for Small Business Restructures2021-11-22T13:01:12+10:00

Tax Depreciation Incentives

Tax Depreciation Incentives There has never been a better time to claim tax deductions for new depreciable asset purchases than now!  Temporary Full Expensing (TFE) measures are currently in effect until 30 June 2022 (with legislation pending to extend the date until 30 June 2023) which means in most cases a business will be [...]

Tax Depreciation Incentives2021-09-30T11:58:13+10:00

Side Hustle Kings & Queens

Side Hustle Kings & Queens - Everything you need to know about side hustle tax tips Many Australians started a ‘side hustle’ during the COVID-19 pandemic. While there are many benefits to having multiple streams of income - in addition to the 9-5 reality - have you wondered what your tax obligations are and [...]

Side Hustle Kings & Queens2021-09-30T09:55:08+10:00

How Hoffman Kelly Can Assist with Accounting Advice

Are you looking for advice on business matters like accounting? Accounting can be a tedious subject. It has various branches like financial, cost, auditing, managerial, tax, forensic, and fiduciary accounting. But having your accounting done correctly can make a massive difference for your organization. If you’re looking for extensive, expert accounting advice, Hoffman Kelly can [...]

How Hoffman Kelly Can Assist with Accounting Advice2021-09-28T17:35:25+10:00

Why You Should Choose Hoffman Kelly for Business Services

If you’re an entrepreneur and feel like you’re losing customers to your competition, consider working with a business service company. Business services help companies and organisations focus on their specific goals. These professionals help companies complete tasks that require unique expertise or equipment. If interested in business services, take a look at what Hoffman Kelly [...]

Why You Should Choose Hoffman Kelly for Business Services2021-09-28T17:31:41+10:00

When Looking for Business Advice in Brisbane, You Can’t Look Past Hoffman Kelly

If you’re looking for reliable and professional advice regarding accounting, taxation, superannuation, and other financial issues, consider working with or connecting with an experienced and dedicated business service provider. Hoffman Kelly’s business advice Brisbane can be helpful for a variety of companies and individuals. The team assists small and medium businesses, employees, and corporate executives [...]

When Looking for Business Advice in Brisbane, You Can’t Look Past Hoffman Kelly2021-08-31T11:10:07+10:00
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