Torrential rainfall and flooding of NSW and QLD have been devastating, affecting citizens and home and business owners alike for the most part of the year. But there is light at the end of the tunnel as the QLD government offers support for affected flood victims – one of which targets small business owners. The […]
Author Archives: vac-admin
When tax time rolls around every year, nobody wants to give the ATO any more than they absolutely have to. If you’ve been wondering how you can effectively lower your taxable income (which in turn means paying less tax), this is the article that’s an absolute must-read as we err closer and closer to the […]
It makes sense that the more money you earn, the more tax you’ll pay at the end of the financial year, right? While that may be true, there are a number of ways for high income earners to drastically reduce how much tax is eventually paid. In this article, we will discuss 7 of the […]
Are you raising children and in need of financial assistance? The Family Tax benefit is a two-part payment that will provide you with the help you require. To help you understand how to claim the Family Tax Benefit, our team of professionals at Valles Accountants have outlined everything you need to know. Read on to […]
Are you looking to start your crypto journey? With so many forms of cryptocurrency on the market, it’s difficult to know where to start. To help you figure out where to begin, our team at Valles Accountants have outlined the top 20 cryptocurrencies to buy in 2022. Read on to find out where you should […]
Anyone who buys, sells, or invests in cryptocurrency must know of their tax obligations. Although cryptocurrency is essentially virtual currency, it is still recognised as an asset by the ATO. Therefore, it will be taxed accordingly. Investing in cryptocurrency may seem daunting, especially when you’re unsure how tax will impact your wealth management plans. However, […]
Cryptocurrencies have skyrocketed in terms of relevance and reward in just a few years – and the rise of crypto doesn’t seem to be stopping any time soon. Understanding your tax obligations is essential in managing your wealth. While the ATO has published official guidelines on how crypto will be taxed, you can implement many […]
It’s a very good question and, if you consult wisely, the answers are designed to reap rewards. Finding out the best small business tax planning ideas makes sound financial sense. Knowledge is power in the sometimes-tenuous realm of SMEs — where every dollar counts. When you add the financial constraints of the pandemic on top […]
The perennial question for all small business owners is: how will the latest Federal Budget affect their business? Small businesses are a unique and specialty market sector that is prone to the vagaries of regulatory profits, losses and gains. So it makes perfect sense that small business owners approach the Federal Budget with a mixture […]
If you’re a small business owner, it’s crucial to always have an accurate understanding of its financial health. The long-term success of your business could depend on you having the right information at the right time, so that you can act on it in the right ways. By their very nature, small businesses usually have […]