Moore Stephens are successful at the Accountants Daily’s Australian Accounting Awards 2017!
Moore Stephens is proud to announce that James Fitzgerald, Senior Accountant, won the Young Accountant of the Year award at the 2017 Australian Accounting Awards, partnered by Thomson Reuters.
Autumn Home Shopping
Finding the perfect property isn’t always easy, and as the colder months approach, the number of homes available for purchase starts to subside. The reduction in house stock can swing the pendulum to favour the seller as buyers fight for the smaller number of properties.
Claiming depreciation on investment property
Rental property investors have access to a range of tax strategies. One such strategy, which is often underutilised, is claiming depreciation as a tax deduction.
Property expenses, such as depreciation and capital works expenditure, can be deducted over a number years, adding to a significant return for property investors come tax time.
Moore Stephens are finalists for Accountants Daily’s Australian Accounting Awards 2017!
Moore Stephens is proud to announce that we have been shortlisted for the prestigious Australian Accounting Awards, partnered by Thomson Reuters.
Be careful using the ATO like a bank overdraft
Individuals and businesses with cash flow difficulties sometimes use the ATO like a bank overdraft. They deliberately don’t pay their taxes on time and whilst they may incur interest in doing so, it allows them to use the monies owing to the ATO for other purposes.
Up until now, the ATO have been very slow at chasing outstanding monies owing to it but this may change. Soon they will be able to disclose tax debt information to credit reporting bureaus which may have serious and inescapable consequences.
New Director Announcement South Australia
Mid tier firm Moore Stephens South Australia has announced a new Director appointment, in line with its planned growth trajectory for the year 2017.
Lynette Spry, previously manager of taxation commenced her new role as Director from January 1.