As we say hello to the cooler weather we also head towards the end of another financial year. Now is a good time to revisit your tax and financial affairs to see if any changes need to be made before financial year 2023 closes. Some things to think about are whether you are eligible and […]
Many Small Businesses are struggling in the current environment. Staff Shortages, client shortages and increasing costs. There are several grants available for Western Australian small businesses that have been affected by the latest COVID restrictions and are experiencing financial downturn. These include: Small Business Hardship Grants – Tiered grants for businesses with 50% decrease in turnover […]
During this crisis Downs accounting are open and ready for you to email or call us. Please don’t visit the office unless absolutely necessary. The office is open for now but please call before coming due to rapidly changing circumstances. We have been working via our online portal for over 6 years with most our clients […]
Those of us in small business know that gaining access to funding is often one of the biggest difficulties to overcome. Securing business loans against your house or jumping through hoops to obtain unsecured finance with high interest rates and short terms is the norm in Australia. In a joint announcement made 14 November 2018 by the […]
The ATO are sending letters to businesses they have identified as operating on a cash only basis and that their records are also not kept electronically. If you operate on a cash only basis you may receive a letter. The benefits of using a software program and keeping records can include easier finance approval, quicker […]
Downs Accounting turns 10! Thanks to all our clients for your support over the past 10 years. We are looking forward to working with you for many more years to come.
Time to gather your receipts and prepare for your 2017 tax return preparation. You may also have a BAS or Financial Statements due. We are ready and waiting at Downs Accounting to assist with your queries and provide checklists so get in touch today!
Have you located all the red tape relating to your business? There is an ever mounting pile of red tape that businesses must adhere to. Many business owners are simply not aware of all that exists. These include local council permits required to run certain businesses types or Payroll Tax that creeps up on you when […]
THERE’S never been a better time to hit the shops. Despite reports to the contrary, it seems women may be able to claim handbags on tax. But there’s a catch — you have to keep a logbook to prove it carried more than lipstick and lunch to the office. Accountants are trying to clarify tax […]