Simplify Your Accounting with QuickBooks Online

Introduction Established in June 1996, Highland Accounting Services is a trusted registered tax agent and accounting firm located in Adelaide’s northeastern suburb of Gilles Plains. With a team consisting of a full-time accountant and a part-time accountant, we are dedicated to providing excellent service to our clients. In today’s fast-pacedRead More →

Your First Accountant's Visit After Buying a Rental Property: What You Need to Know

Congratulations on your rental property purchase! When visiting your tax accountant for the first time, make sure to bring your conveyancer letter detailing the purchase, loan statements reflecting borrowing costs and bank interest, and information about your rental income and expenses. These documents will help your accountant accurately advise youRead More →

Log Books and 1 ton Utes

Log Books and 1 ton Utes. With the increased popularity of 1 ton utes like the Ford, Holden and 4WD dual cab utes that are used for business use as well as private use the following question is often asked. Does a log book need to be kept to showRead More →

GST Spreadsheet

In Australia, businesses with an annual turnover of $75,000 or more are required to register for Goods and Services Tax (GST). If your turnover is less than $75,000, you may still choose to register voluntarily. If you expect your business’s turnover to exceed $75,000 in the next 12 months, youRead More →

3 reasons to buy a rental property

Investing in rental properties is a popular strategy for generating passive income and building long-term wealth. The Australian property market, in particular, offers attractive rental yields and stable growth, making it a compelling investment opportunity for those looking to diversify their portfolio. In this article, we will explore three reasonsRead More →

6 Ideas to spend your tax return wisely

It’s July, and you have received your PAYG Payment summaries. Now it’s time to lodge your tax return and potentially receive a refund. The Australian Taxation Office issues an average refund of just over $2800. However, it’s important to remember that this isn’t a windfall; it’s simply money that youRead More →