The Treasurer, Jim Chalmers, handed down his Federal Budget for the new financial year on 14th May 2024. The headline measure in this year’s Federal Budget is one we already knew about – individual tax cuts. From 1 July 2024, all 13.6 million taxpayers will get a tax cut, which will flow through into their…
Tax season can be stressful for many people – and this stress can make you more vulnerable to scammers, who strike at the end of the tax year, hoping to gain an advantage at your expense. There are unfortunately many different ways that scam artists can trick both individuals and small businesses from parting with…
Every Tax Time, the ATO focuses on certain hotspots where taxpayers are prone – either accidentally or deliberately – to make errors. So, what is on the ATO’s list this year? Expect them to be looking in particular at: Record-keeping Work-related expenses Rental property income and deductions Sharing economy income; and Capital gains from crypto…
Before visiting CGH Accounting, we’ve made it easy to make sure you don’t miss out on any deductions this tax time. Just use our handy tax checklist to prepare for your appointment with us. CGH Accounting Tax Checklist 2024 If you have any questions, please send us an email or give us a call.
Happy Easter to all of our clients and friends as this is our Easter Newsletter 2024! Easter’s a great time of year in both Ballarat and Torquay – our two office locations. Coming up around here, we have the Ballarat Heritage Festival, which should be both fun and fascinating for families. Ballarat is one of…
Tradie Accountants Ballarat, CGH Accounting Shares Business Accounting Tips And being the Last Month of The Year for 2023, That’s a Wrap from us! A warm welcome to our final newsletter for the year, from all the team at CGH. 2023 has been an extremely successful and enjoyable year for us and we hope it’s…
We Are Excited To Introduce The Team Behind CGH Accounting! Spring salutations to all our clients and families around the Central Highlands, Surfcoast and further afield. In September our accountants and in fact all our staff are right in the thick of it. It is our busiest time of year as we attend to many,…
Critical Aspects Of The 2023 Federal Budget, How They Affect You The Treasurer, Jim Chalmers, handed down his Federal Budget for the new financial year on Tuesday, 9 May 2023. Read on to about how to find out how this could affect your next tax return. Mr Chalmers walked away from the large, blanket tax…
What’s The Latest Update On Claiming Working From Home Expenses? Last week, the Australian Taxation Office (ATO) changed the way that taxpayers claim deductions for costs incurred when working from home. The New Rules The new rules were introduced on 16th February 2023 but are applicable from 1st July 2022. From that date, the shortcut…
NOW HEAR THIS! NOW HEAR THIS!… Important Announcement At CGH Accounting Services, we are in the business of serving our clients (as our name suggests!). We deal with PEOPLE, and in particular – we help people look after their livelihoods. We realise times are tough and that a lot of people are doing it hard….