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Importance of On-Time BAS & IAS Lodgement

Importance of On-Time BAS & IAS Lodgement

No one likes losing out on tax deductions or paying more tax than they have to. Even Albert Einstein once said: “The hardest thing in the world to understand is the income tax.” From 1 July 2019, with the new Pay as you go (PAYG) legislation, businesses can have their...

Single Touch Payroll – Now Mandatory for all Employers

Single Touch Payroll – Now Mandatory for all Employers

Payroll is a necessary task that all businesses must address on a regular basis, either weekly, fortnightly or monthly. As of 1 July 2018, the Australian government changed the way employers (with 20 or more employees) reported their employees’ tax and super...

Cybercrime – How to Protect You and Your Business!

Cybercrime – How to Protect You and Your Business!

Australians are used to preparing for and facing storms, but a storm we don’t always think to prepare for is cybercrime. Cybercrime includes tax, welfare, invoice and credit card fraud, nondelivery of purchases, exploitation of brand recognition, malicious software...

Federal Budget 2017 Snapshot

Federal Budget 2017 Snapshot

There is always hype about the Australian Federal Budget every year but, you may wonder, what exactly is it and why is it important to you and your family? The Budget is the government’s annual financial report and policy statement to the Parliament and nation. It is...

Property Purchase Costs

Property Purchase Costs

One of the biggest goals in life for most people is to own their own home, a place you can call your own. However, most prospective buyers aren’t aware of the many associated costs that are involved. You may think that you only need to save a deposit, obtain home loan...

ATO Crackdown on Tax Deductions

ATO Crackdown on Tax Deductions

Individuals and small business owners were advised last year that the Australian Taxation Office (ATO) would start randomly auditing their Tax Returns this Financial Year as it was estimated that there was approximately $3 billion of lost revenue. The normal ATO...

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“I have been a customer of Thrive Financial Services for years, with their help and support I have grown my business into the success it is today. It gives me great confidence that they are behind me doing all my accounting and giving me great financial advice, so I can get on with doing what I am best at, running my business.”

Jude M

Owner, Harmony Beauty

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Want to help your kids buy property? Here’s how.

Want to help your kids buy property? Here’s how.

The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We have explained some options below: 1) Family / Security Guarantee If your child does not have enough security / deposit for a mortgage, you could provide a...

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