News

Have you baby-proofed your finances?

September 8, 2017 33 Views

Becoming a parent brings a world of joy into your life, but it can also put a strain on your household finances. So if you’re planning to take time off work to look after your little one, make sure you’re financially prepared. Although the prospect of taking months off work

What can I claim against my tax?

August 24, 2017 100 Views

It’s tax time again. What can you claim to reduce your tax? Deductions you can claim According to the Australian Taxation Office (ATO) website, there are 3 things you need to claim a work-related deduction: You must have spent the money yourself and weren’t reimbursed; It must be directly related

Starting young

July 31, 2017 136 Views

Do you ever wish you started seeing a financial adviser earlier in life? Then consider setting your kids on their own financial advice journey sooner rather than later. As every parent knows, children need to learn from their own mistakes, but that shouldn’t be the case when it comes to

Are you using the correct award rates?

July 11, 2017 197 Views

Happy new financial year! We hope last years was financially prosperous, here’s to another exciting year ahead. However, as it is the new financial year, it’s time to ensure that you’re paying up to the correct award rates. Here is a quick how-to-guide that we’ve put together to make sure

Your 2017 EOFY Tax Minimisation Tips

June 23, 2017 295 Views

Another financial year is about to finish! As a business owner, there are many obligations that you need to consider and action just before and after 30 June. Some of these will help to minimise your tax. We have outlined these action points below to assist you. BEFORE 30 June

Federal Budget 2017-18 – What It Means For You

May 10, 2017 357 Views

The 2017-18 Federal Budget was handed down last night. Please find below a summary of the announcements that are most likely to affect you. Highlights Notwithstanding speculation to the contrary, the Temporary Budget Repair Levy (levied at two percent of taxable income in excess of $180,000) will cease on 30 June

What employers need to know about FBT 2017

March 24, 2017 514 Views

We know that no one likes to pay tax and certainly no more tax than they should. But very few people want to be on the wrong side of an Australian Taxation Office (ATO) audit where fees and penalties are paid for neglecting your obligations. The Fringe Benefits Tax (FBT)

The Handbag vs Briefcase deduction debate

February 23, 2017 588 Views

If a man can claim a briefcase as a tax deduction why can’t women claim their handbags? After all, men often have a lot of personal items in their briefcases and working women are just as likely to carry their ipads, documents, and other work related items in their handbag.

Acumon Connect – Summer 2017

February 13, 2017 535 Views

In this Issue: Key Dates to Remember Expert Advice – Pride & Prejudice: Top Three Predictions for 2017 Meet Kim Wright – Team Member Profile For Summer Client Profile – Newcastle Steel Frames & Trusses Click here to read the Acumon Connect Summer 2017 Newsletter.

The Biggest Changes to Super in a Decade

January 23, 2017 616 Views

The biggest changes to super in a decade – how to capitalise now! Major changes to tax and superannuation have just been approved by the Government in December 2016. These are the biggest changes in the last 10 years. They are significant. Most of these changes will take place on

Acumon Connect – Spring 2016

November 24, 2016 525 Views

In this Issue: Key Dates to Remember Expert Advice – How To Not Lose Your Family Wealth Meet Callan Stammer – Team Member Profile For Spring Client Profile – Mortgage Masters Click here to read the Acumon Connect Spring 2016 Newsletter.

Don’t Roll the Dice – Take your HR seriously

November 17, 2016 625 Views

Do you run a business with employees? If yes, then we can guide you to take care of your Human Resources (HR) the EASY way. Don’t get caught out. If you answer ‘Yes” to any of the below you may not be legally compliant and may be exposed. Contact our

What do the new tax tables mean for you?

October 26, 2016 570 Views

The Australian Tax Office have introduced new tax tables effective from 1 October 2016. Here is what you need to know about the changes and what you need to do for these changes. The most remarkable change is the tax threshold for the 37% marginal tax rate for individuals which

Do you know the value of your business?

September 26, 2016 517 Views

Knowing the value of your business is beneficial for a number of reasons, not just if you want to sell. It can help with benchmarking, planning, investing, insurance and more. Here are the top reasons why you should know the value of your business: Measure business growth – How do

Acumon Connect – Winter 2016

August 17, 2016 539 Views

In this Issue: Key Dates to Remember Expert Advice – What you need to know about claiming property depreciation Meet Brianna Matzanke – Team Member Profile For Winter Client Profile – Xtreme Indoor Go Karts Thornton Click here to read the Acumon Connect Winter 2016 Newsletter.

Scattered SuperFunds, Consolidate Now

August 10, 2016 682 Views

Are you sick of receiving multiple super statements each year and trying to keep track of all of your super accounts? Consolidate now to put an end to the scattered superfunds! The benefits of consolidating: You only need to pay one set of fees The amount of paperwork is reduced

Claiming home office expenses in your tax return

July 27, 2016 1,053 Views

Many aren’t aware that they can claim home office expenses. Whether your self-employed, a business owner or an employee – do you perform some of your work from home? If you do, here is a quick summary of the tax rules, and what home office expenses are allowed. Even if

Prepare Your Business for EOFY

June 22, 2016 603 Views

End of Financial Year is quickly approaching with a busy couple of weeks ahead for everyone, particularly business owners. But don’t stress, there are a couple of steps that you can take to prepare your business for EOFY and the future. The first step, and probably the biggest, is to

Are You Ready For EOFY?

May 18, 2016 750 Views

Regulatory requirements that small business owners are required to complete before the end of the financial year. With the end of financial year fast approaching, small business owners should start to think about what they need to do by the end of June, but don’t leave it until last minute.

Top Tips for Debt Management

April 20, 2016 868 Views

If you have one or a number of loans, there may be a way that you can better manage your debts. Acumon Financial Services is able to help you with this but here are some top tips for your debt management. Calculate your debt It is important that you look

Acumon Connect – Autumn 2016

March 29, 2016 1,002 Views

Please click the link below to view the Autumn 2016 Issue of our Acumon Connect Newsletter with expert advice on electronic signatures! Acumon Connect – Autumn 2016

Our Greenhills Office Has Moved!

March 15, 2016 623 Views

Our Greenhills office has now officially moved and we are very excited to meet you at our new location. The new office is at Suite 2, Unit 7, 19 Mitchell Drive, East Maitland (near Greenhills Vet). You are welcome to park anywhere, however we have allocated car parks at the

Teaching Your Children Good Financial Habits

February 18, 2016 688 Views

Budgeting, Spending and Saving: Crucial Skills ASIC recommends teaching children how to budget, spend and save money as early as possible. They see it as a vital part of a child’s development. They have a video on the website called “Teaching kids how to budget to become financially savvy.” We

Christmas is a time for giving

November 4, 2015 848 Views

The Christmas Season is a time for giving – donating to charity are tax deductible donations. This means any eligible donations you make to any approved organization, can reduce the amount of tax you owe to the ATO. This is a great benefit of donating to charity, and the tax

Acumon Connect – Spring 2015 – Wealth Portal

October 15, 2015 4,119 Views

The new ‘Wealth Portal’ on our Acumon website allows you to have your entire financial world in the one platform. With easy to use tools and the ability to access the portal 24/7, managing your finances has never been easier! The Benefits of the ‘Wealth Portal’: • All of your accounts are in

Would you like more control over your retirement savings?

September 30, 2015 958 Views

Is a Self-Managed Super Fund right for you? Self-managed super funds (“SMSF”) account for over 30% of all superannuation assets in Australia and continue to be the fastest growing sector within the industry. This growth has been driven by individuals wanting control over their retirement savings. SMSFs provide members with

Are Your Finances Secure?

September 4, 2015 859 Views

Password security has never been more important than it is in today’s world. Think about how you check you finances, pay bills, transfer money and make purchases. It is mostly done through online websites and applications. Whilst the security of finance and banking applications are generally pretty high, you may

Xerocon 2015 Highlights

August 17, 2015 1,092 Views

Simple Cashflow Forecasting

August 3, 2015 972 Views

Success in today’s business climate requires you to plan and know what to expect. Unfortunately, sometimes this requires you to push aside your passion for your business and spend time sorting out your finances! A major part of managing your finances can be taken care of using one very simple

Is your business ready for EOFY?

June 5, 2015 711 Views

End of Financial Year is quickly approaching with a busy couple of weeks ahead for everyone, particularly business owners. But don’t stress, if you are a business owner, you will be pleased to know that there are a couple of steps that you can take to prepare yourself for EOFY

Federal Budget 2015

May 21, 2015 858 Views

Last week we heard the Treasurer Joe Hockey deliver his second Federal budget, with some key surprises in it, especially for small business. Below is a summary of the key features and how they could affect you! We at Acumon are here to make you smart financial decisions NOW so that

To Do List for Small Business Owners at Tax Time

May 8, 2015 1,122 Views

With the end of financial year fast approaching, small business owners should start to think about what they need to do by the end of June. The below tasks are required by law to be complete. • File an income tax return – your accountant will need a variety of financial

Acumon Connect Autumn 2015 – Tax Planning Starts Now

April 23, 2015 744 Views

To view the newsletter, please follow the link below. Acumon Connect Autumn 2015

Acumon is Online!

February 9, 2015 778 Views

Keep Connected with Acumon Acumon has launched a new website and is now on social media. Keep connected with Acumon by liking our page and following us on Twitter. We keep you in the loop by posting helpful tips, expert advice and updates on what’s happening in office. Like our Facebook page facebook.com/acumonaccounting Follow