Build your financial security with OBT Financial Group – Lockyer Valley’s Business of the Year 2015 and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 30 years.
Decisions made based on data will give your business a distinct competitive advantage. This article focuses on the ideas that really matter and illustrates the importance of accessing and analysing the kind of business data through practical and accessible examples.
New Bookkeeper & Data Manager for OBT
Michelle Burling has worked in accounting as well as manufacturing and we are delighted to have her join our team. As a CPA with vast manufacturing and payroll experience, including being an Internal Quality Auditor, Michelle can lend commercial insight to the client support she gives, and is a safe pair of accounting hands whenever OBT’s team needs extra support.
Cash vs accrual accounting
You’ve heard people talk about cash versus accrual accounting, but what is it all about? And why does accrual get all the glory? We take you through the basics.
OBT Accountant Annette Noonan
From the moment she finished high school, Annette stepped straight into accounting. Annette has held a range of roles, from working in the QLD Treasury and Minister’s Office accounts departments, to being an Accounts Manager in private enterprise, but it was being in public practice… Read More >>
Tax time warning
The ATO – Don’t Say We Didn’t Warn You! The Australian Taxation Office (ATO) is closing in fast on everyone who doesn’t properly declare their income and pay the correct amount of tax. As your Tax Accountants, we want to help you be aware of… Read More >>
Tips for keeping good records
Keeping good records critical to business success To help your small business keep good records and avoid mistakes, check out the ATO’s tips, tools and services. Record-keeping tips Keep all business records including income, expenses, bank and other goods and services tax (GST) records for… Read More >>
Tax myths busted!
Tax season is underway To help Australians get their returns right, the ATO has identified the top 10 tax myths and misunderstandings it says are causing incorrect claims. Assistant Commissioner Kath Anderson says unreliable tax advice is leaving taxpayers exposed. Top of the list is the… Read More >>
Sharing economy
Earning money from the sharing economy The sharing economy has become a big part of daily life. It’s become easy to hop on an app for a ride-share, find a place to stay or hire someone with skills you don’t have to help you. Whether… Read More >>
What the 2018 Federal Budget means for you
7 Tax and Super changes you need to know about It’s now one week after the Budget was released and, in hindsight, there were very few changes that affect most Australians. Apart from the promised phased personal income tax cuts and the “overhaul” of the… Read More >>
How to avoid ATO double-ups in myGov
ATO and the myGov Inbox If you have linked the ATO to your myGov account, most of your ATO mail will now come directly to your myGov Inbox, rather than through the post. This is to help you manage your taxation and superannuation affairs in… Read More >>
