Celebrating 25 Five-Star Google Reviews at Keypoint Accountants
At Keypoint Accountants, we are thrilled to announce that we are celebrating 25 five-star reviews as we close out 2024! This achievement is not just a number; it represents the trust and satisfaction of our clients who have taken the time to share their positive experiences with our services. Each review reflects the hard work […]
$900Billion Lost Market Cap in 2 Months! The Meteoric Rise and Sudden Fall of Nvidia’s Stock Value: A Closer Look
(Photo Credit: NVIDIA Newsroom) So it seems like it’s too bad for anyone who got excited and invested in the rising stocks of Nvidia in early July! Few stories have captured the attention of investors and industry experts quite like the recent fluctuations in the tech chip-maker Nvidia’s stock value. As a leading player in […]
Claim Your Home Office Expenses Correctly With ATO’s Revised Fixed-Rate Method
With the rise of remote work in recent years, more and more Australians are setting up home offices. Whether you’re a full-time employee, a freelancer, or a business owner, it’s important to understand how to correctly claim home office expenses on your tax return. As of 1 July 2022, the Australian Taxation Office (ATO) introduced […]
Albanese Government Warns of Malicious myGov Scammers Targeting Businesses
In recent years, scammers have become increasingly sophisticated in their tactics, particularly when it comes to impersonating government entities like myGov and the Australian Taxation Office (ATO). These malicious actors are constantly finding new ways to exploit unsuspecting victims, and businesses are not immune to their schemes. The Australian government
The Dreaded ATO Tax Audit – Latest Stats, and How to Be Ready
For any business owner, one area that often causes concern is the potential for audits and reviews by the Australian Taxation Office (ATO) or other government revenue authorities. While these audits may not necessarily reflect any faults in your book-keepers or accountant’s work, they can still disrupt your business operations. Staying informed about th
Australian Company Failures Surge to 11-Year High, ASIC Data Reveals
In a stark wake-up call for Australian businesses, the latest insolvency data from the Australian Securities and Investments Commission (ASIC) paints a grim picture of the corporate landscape. With a staggering 36.2% increase to 7,742 companies entering external administration from 1 July 2023 to 31 March 2024, it’s clear that the aftershocks of the pan
Only One Month Until EOFY – Top Five Things Every Business Should Do
As the end of the financial year (EOFY) rapidly approaches, business owners must take a step back and ensure they’re well-prepared for the upcoming tax season. With only one month left until the 30th of June, now is the perfect time to review your financial situation and make any necessary adjustments to optimise your tax […]
How the 2024 Federal Government Budget Affects Businesses Across Australia
In the latest Federal Budget, the Albanese Government has introduced several measures aimed at supporting small and medium-sized businesses, encouraging foreign investment, and improving compliance. As a business owner, it’s important that you understand how these changes may affect your operations and financial planning. Let’s discuss the key announc
Are Micro-Office Spaces the Future for the Modern Small to Medium Sized Business?
(Photo Credit: Architonic) In today’s digital age, the traditional large office space with industrial equipment and high-capacity meeting rooms is no longer the only way to do business. With technologies like cloud computing, video conferencing, and AI simplifying work, companies really just need a flat surface and WiFi to operate. This has made it easier
Bitcoin Halving 19/20th April. What Might Happen? What About Tax Implications?
Key Takeaways Bitcoin’s upcoming halving event is expected to occur on Friday or Saturday, potentially leading to significant shifts in the cryptocurrency market. In Australia, you generally only pay tax on realised capital gains from your crypto investments, not unrealised gains Summary – What is Bitcoin Halving? – Bitcoin’s next halvin