Welcome to the Porters CA Blog.
Please enjoy our regular blog of relevant business, taxation and financial information. You can also follow us on Facebook, Instagram, Linkedin and Twitter.
To many people, financial planning sounds like something for the very rich. The wealthiest people take their piles of money to someone who tells them where to invest it so they can make even more money. The rest of us just focus on saving what we can while paying off debt and hoping we don’t lose our jobs before we’re financially stable. In fact, financial planning is about having long-term… Read more
Want to know how the 2017-18 Budget affects your future tax position? Here’s the rub… The ATO is interested ATO audits of over 300 rental property claims found errors in 90% of returns. This means a huge potential loss of revenue for the ATO and fertile ground for tax reviews. This year, the Australian Taxation Office (ATO) will undertake 4,500 audits of taxpayers it considers are “high risk” because… Read more
Taking steps to ensure your customers pay promptly should be a key priority for your business. When clients consistently pay on time, you are able to pay your vendors, suppliers, and employees on time and you’ll have an up to date view on the profitability of your business. This requires that you also implementing strategies to support prompt payment and make it easy for customers to pay as soon as the bill comes in. Provide… Read more
This is Simon’s first ever you tube clip. He’s pushed himself well out of his comfort zone to achieve our goal to be Accountants with a difference. Fifteen takes later (and some film editing by Gilbert) we have a result. Brilliant not perfect is a great place to start. We have even received our first you tube subscriber, which means there’ll be more to come. Enjoy Read more
ATO data analysis and data matching means false tax claims are far more easily detected than ever before, according to Porters Chartered Accountants, Albany manager, Jodi Bradley