News and Tax Essentials
Are you employing a contractor or employee
Subscribe to our Newsletter Written by Rick Fitzpatrick • DirectorPublished on 25 Dec 2018A recent landmark court case decision was made in favour of ex-Foodora employee, Josh Klooger, by the Fair Work...
read more
FBT and the humble Aussie ute
Subscribe to our Newsletter Written by Peter Carter • Senior Accountant Published on 18 Dec 2018 What is Fringe Benefit Tax and how is it applied?Fringe Benefits Tax is a tax applied to employers who supply...
read more
5 Questions you should be asking your accountant
Subscribe to our Newsletter Written by Laila Mir • AccountantPublished on 13 Dec 2018Many people nowadays are relying on free or inexpensive online small-business accounting tools instead of investing the...
read more
5 tactics you can use to deal with angry clients
Subscribe to our Newsletter Written by Frankie Buller • Client Services Manager Published on 11 Dec 2018 If you have ever had a job where you interact with clients on a regular basis, chances are you have had to...
read more
Fringe Benefits Tax (FBT): An explainer
Subscribe to our Newsletter Written by Christopher Cruz Published on 11 Dec 2018 Being an employer carries with it a number of additional taxes. Beyond withholding tax from an employee’s individual income, you...
read more
5 signs your client invoice isn’t getting paid
Subscribe to our Newsletter Written by Pauline Campbell • Senior AccountantPublished on 06 Dec 2018As a business owner, if you know only one thing, you know that Cash flow is king. Cash flow is an absolutely...
read more
5 Ways you can use Xero to improve your business
Subscribe to our Newsletter Written by Michael Rodriguez • Senior AccountantPublished on 03 Dec 2018 Does manual handling of data entry bog you down?Would you like the ability to monitor your cash...
read more
Why DIY bookkeeping and accounting could hurt your business
Subscribe to our Newsletter Written by Sachin Singh • Bookkeeping Manager Published on 26 Nov 2018 At Fitzpatrick Group, we have been noticing a common trap that some business owners are falling into. Some...
read more
24 Hour Fight Against Cancer at Narellan Town Centre
Subscribe to our Newsletter Written by Shaun Da Silva • Marketing OfficerPublished on 03 Oct 2018On the 25th and 26th September 2018, Fitzpatrick Group – along with Coutts Solicitors and Conveyancers, and McLaren...
read more
Finding the right bookkeeper for my business
Subscribe to our Newsletter Written by Sachin Singh • Bookkeeping ManagerPublished on 24 Sep 2018 Bookkeepers play a pivotal role in assisting you with running your business. Regardless as to whether your...
read more
What happens if you connect the ATO to your myGov?
Subscribe to our Newsletter Written by Chantelle Warner • Business ManagerPublished on 19 Sep 2018The ATO can now be linked to your myGov account to allow all previously posted correspondence to be sent directly...
read more
Xero 2 Step Authentication compulsory in Aus starting 11 September
Subscribe to our Newsletter Written by Bryn Robinson • DirectorPublished on 05 Sep 2018Xero and Fitzpatrick Group – both champions in Cybersecurity. Xero further enhances their multi-layer security, making 2 Step...
read more
Do I Need a Business Plan?
Subscribe to our Newsletter Written by Rick Fitzpatrick • Director and FounderPublished on 30 Jul 2018There are no exceptions or defendable excuses. All businesses need a business plan that is regularly reviewed,...
read more
Working Capital Management – Are your financing functions well managed and cost-effective?
Subscribe to our Newsletter Written by Sachin Singh • Bookkeeping Manager Published on 23 Jul 2018 2019 Update: This blog has been reviewed and updated to contain information relevant to working capital...
read more
Changes to the Payroll Tax Threshold
Subscribe to our Newsletter Written by Peter Carter • Senior AccountantPublished on 17 Jul 20182019 UpdatePositive Changes to the Payroll Tax Threshold are coming to NSW and SA.This is great news for small...
read more
Business Coaching vs Business Mentoring – What’s the difference?
Subscribe to our Newsletter Written by Rick Fitzpatrick • Director and Founder Published on 03 Jul 2018 In this post, we want to alleviate the confusion around business coaching and business mentoring. At first...
read more
Single Touch Payroll – What do you know?
Subscribe to our Newsletter Written by Bryn Robinson • DirectorPublished on 02 Jul 20182019 Update This blog has been reviewed and updated with consideration to changed dates. Single Touch Payroll – What...
read more
Rental Property – What can I claim?
Subscribe to our Newsletter Written by Pauline Campbell • Senior AccountantPublished on 19 Jun 2018Tax time is fast approaching and for those who own a rental or investment property the most important question...
read more
Top 5 Logbook Apps for Claiming Car Expenses in 2019
Subscribe to our Newsletter Written by Shaun Da Silva • Marketing Officer Published on 21 May 2018 2019 Update: This blog has been reviewed and updated for 2019.For information on claiming car expenses on tax,...
read more
Claiming car expenses in 2019
Subscribe to our Newsletter Written by Peter Carter • Senior AccountantPublished on 24 Apr 20182019 Update: This blog has been reviewed and updated to contain information relevant to claiming car expenses in...
read more
Accountants in Narellan – A brief history of Fitzpatrick Group
Subscribe to our Newsletter Written by Bryn Robinson • DirectorPublished on 16 Apr 2018Fitzpatrick Group has been in the business of accounting in Narellan since 2012. In fact, the history of Fitzpatrick Group in...
read more
Single Touch Payroll is on the horizon, what does this mean for business?
Subscribe to our Newsletter Written by Sachin Singh • Bookkeeping Manager Published on 13 Mar 2018 2019 Update: This blog has been updated to include relevant Single Touch Payroll information since the initial...
read more
Important information that could save you thousands
Subscribe to our Newsletter Written by Shaun Da Silva • Marketing Officer Published on 30 Aug 2017 If you are buying a property for $750,000 or more after 1 July 2017 your solicitor or conveyancer will have to...
read more
How to lodge your BAS
Lodge your BAS If you are a new business, and you haven't lodged your first BAS you may be wondering if you are able to lodge your BAS online. Short answer, yes. In order to lodge your BAS online, you can: Engage a tax or BAS agent and have them lodge on...
read more
Work-related expenses to go under the microscope
Subscribe to our Newsletter Written by Michael Rodriguez • Senior Accountant Published on 26 Jul 2017 This blog has been updated to include new information from a new report released 25/04/2018 by the ATO....
read more
5 of the Best Marketing tips you will read
Subscribe to our Newsletter Written by Shaun Da Silva • Marketing Officer Published on 12 Jul 2017 The world of digital marketing is ever changing. New ideas and ways to engage and reach prospective clients are...
read more
Understanding Capital Gains Tax
Subscribe to our Newsletter Written by Pauline Campbell • Senior AccountantPublished on 21 Jun 2017If you are reading this, it’s probably because you may not be fully understanding capital gains tax. Not to...
read more
Starting a Business: What do I need to think about?
Subscribe to our Newsletter Written by Rick Fitzpatrick • Director and Founder Published on 21 Jun 2017 Starting a business isn’t something that should be done carelessly. It’s something that requires thought,...
read more
5 of the best accounting tips you will ever read
Subscribe to our Newsletter Written by Peter Carter • Senior AccountantPublished on 14 Jun 2017It is important to keep track of the record keeping and accounting aspect of your business. Here are some top...
read more
Clothing, Laundry, and Dry Cleaning Expenses
Subscribe to our Newsletter Written by Peter Carter • Senior AccountantPublished on 14 Jun 2017If you have to follow a dress policy at your work, you may be able to claim the purchase and cleaning of your clothes...
read more
How to: Deliver Great Customer Service
Subscribe to our Newsletter Written by Bryn Robinson • Director Published on 14 Jun 2017 No matter what industry you operate in, it is important to have great customer service. This is the service you provide to...
read more
Hobby or Business: Online Selling
Subscribe to our Newsletter Written by Ken Bond • Consultant Published on 31 May 2017 More and more people are turning to the internet to sell. Whether it be jeans you’ve only worn once, or creative works you put...
read more
Tax debts could start hurting your credit rating soon
Subscribe to our Newsletter Written by Bryn Robinson • DirectorPublished on 25 May 2017A Tax Debt Transparency Measure has recently been announced by the government to start taking effect from 1 July 2017. What...
read more
Can I claim self education expenses?
Subscribe to our Newsletter Written by Pauline Campbell • Senior AccountantPublished on 25 May 2017What courses are eligible to claim self-education expenses? So now you must be thinking, what constitutes...
read more
Can I get income deductions for volunteer work?
Subscribe to our Newsletter Written by Peter Carter • Senior Accountant Published on 18 May 2017 Volunteers are valued members of many organisations, ranging from sporting clubs and environmental groups to...
read more
Tips for running your business from home
Subscribe to our Newsletter Written by Bryn Robinson • Director Published on 18 May 2017 Building and running a successful business can a be an incredibly rewarding experience. It takes time, determination, and...
read more
7 ways you can grow your business
Subscribe to our Newsletter Written by Rick Fitzpatrick • Director and Founder Published on 18 May 2017 If you are looking to grow your business, you are going to have to commit a portion of one of your most...
read more
Common BAS errors small businesses are making
The ATO has compiled a list of common mistakes and errors that are made by business owners when submitting their BAS. This list has been created with the intention to help solve and prevent common BAS errors. Any business that is registered or required to be...
read more
Accounting Software Add-Ons and how it can help your business.
What are Add-ons? Add-ons are tools that extend your Accounting Software. Depending on what Industry you work in, Category you require or Bookkeeping product you are using, there are add-ons available that talk to your software to help you to become more efficient in...
read more
Am I running a business, or is it just a hobby?
If you are selling products or services to businesses or individuals either personally or online, it can sometimes be hard to determine if what you are doing creates a business. The Tax and other obligation for a business start as soon as the business does, so it is...
read more
Why it’s actually not that hard to change accountants
Why it’s actually not that hard to change accountants It can be a daunting decision to change accountants, and one that should not be made lightly. However, it can be a decision that allows your business to grow and could end up being a blessing in...
read more
Is your home exempt from Capital Gains Tax?
If you have multiple residences, you can generally only claim full capital gains tax (CGT) exemption from the dwelling that you identify as your Main Residence. How do I know what my main residence is? Below is a list of details that may help you ascertain which...
read more
Accounting mistakes that are holding your business back
Accounting mistakes will happen from time to time, and most can be fixed quickly in a relatively simple way. However, repeated mistakes or major errors in your accounting procedures will have a detrimental impact on your business’s growth and future performance....
read more
7 Reasons why most startups will fail in 2017
When you start a new business you are full of excitement and only positive thoughts. The last thing you want to focus on is failure. However if you address the most common reasons for failure up front you will be much less likely to fall victim to them yourself. Here...
read more
Tips to simplify your bookkeeping
Bookkeeping is time consuming, and you'd rather spend that time working in your business to generate income. What can you do to simplify your bookkeeping? So what can you do to simplify this process? Simplify your bookkeeping with appropriate bookkeeping software....
read more
Cloud Accounting – What’s all the hype?
Do you want to save time and money and spend more time growing your business? Of course you do. Let me tell you more. Cloud Accounting, otherwise known as Online Accounting is here and its great. This allows you to do your Bookkeeping on the go. Anywhere, anytime. The...
read more
Why your website isn’t helping and how to fix it.
You've just finished building your website for your business, you've paid top dollar to a web designer to have it made just how you envisioned, and it's looking sharp. How could anyone NOT want to work with you or buy your products? Well, let's say a month from now...
read more
Exempt income not subject to tax?
In Australia, there is certain income that is not subject to tax. It may be possible that you possess income that is not subject to tax. This means that it will not be included as part of your assessable income, however, it may be used to in other calculations for...
read more
Why your business may fall victim to Cyber Criminals
Almost everyone has heard of the Nigerian Prince email. Some of you may have even received the email from the Nigerian Prince during the baby step years of the internet. A small portion of you may have even fallen prey to this email. This email (while laughably funny...
read more
Getting access to your Superannuation
At some point you may find yourself thinking, "How much money do I need to retire? Can I work part-time and access super before 65?" Retirement preparation is more than having a super lump sum saved Many Australians are growing their super balances but are still...
read moreAre you and your staff time poor?
We’ve helped hundreds of businesses to improve and refine their processes to give them back time to improve the quality of their service. Our first consultation is free, with no obligations or pressure to work with us beyond our first meeting.