Amending a Previous Year’s Tax Return to Claim Missed Deductions
A missed deduction is a reason to amend your return, not lodge a second one. In Australia, individuals generally have 2 years to amend a tax…
Author Archive for: Rochelle
Entries by Rochelle Hamilton
How to avoid a tax audit as a small business
The ATO conducts thousands of reviews and audits across Australia each year. Knowing how to avoid a tax audit as a small business starts with…
How to Read a Balance Sheet for Dummies: A Simple Guide
What if a balance sheet can add up perfectly and still not prove a business is financially healthy? That’s why learning how to read a balance sheet…
Home Office Expense Rules for Small Business: ATO Guide
What if working from the same kitchen table leads to different tax rules depending on whether you’re an employee or running a business from home?…
How to Fire Your Accountant in Australia: A Practical Switching Guide
A slow reply or an unclear answer can turn a trusted accounting relationship into a source of uncertainty. If you’re considering how to fire your…
Signs I Need a New Accountant: A Practical Checklist for 2026
An accountant can be capable and still no longer be the right fit for your needs. If questions go unanswered, advice arrives only at tax time, or…
Cost of Running an SMSF in Australia: What Trustees Need to Consider
An SMSF doesn’t come with one flat annual price. The cost of running an SMSF Australia trustees need to plan for depends on the fund’s assets,…
SMSF Compliance Checklist 2026: Guide for Trustees
SMSF compliance is rarely a one-day task. The pressure often builds when routine checks are left until annual paperwork is due. If you’re unsure…
How to Set Up an SMSF in Australia: A 2026 Step-by-Step Guide
What if the control of an SMSF comes with more responsibility than you expected? Understanding how to set up an SMSF in Australia means looking…
SMSF Accounting in Melbourne: A Guide for Trustees
What if your SMSF’s numbers could do more than help you meet reporting responsibilities? The right SMSF accounting services Melbourne trustees rely…
