Impala Accountants

2018 has been a tremendously busy but fantastic year at Impala Accountants.

We welcomed Accountants Jess Chapman and Kaysha Endersby into the mix and couldn't be happier with their drive and enthusiasm. In October Ryu got to step back from his desk to re-evaluate the direction of Impala and learn from Entrepreneurs at the international DC conference in Thailand. 

We have also witnessed many of our customer's successes in 2018. Including one that secured millions in private investment, to one person who completed 10 years of overdue tax returns. 

We would like to thank all our customer's and advocates. We know h...

The Small Business Entrepreneur Grants Program provides matched funding of up to $5000 to eligible businesses to participate in training, engage a marketing consultant, legal/financial advisor or business coach. 

This is a great opportunity to further establish and grow your business.

The business name must have been registered within the last four years and have a Queensland headquarters. For all the details, visit Business Queensland.

Applications close 13 December 2018.

An article courtesy of The Sydney Morning Herald is a handy reference for people lodging their own tax return.

It covers:

- Car expense claims

- Mobile phones and internet

- Home office

- Clothing and laundry

- Meals, accommodation and travel

- Self education

- Holiday rentals/rental deductions

- Cryptocurrencies like Bitcoin

- Ride-sharing services like Uber

- Other sharing-economy platforms like Airbnb

It's great to be aware of pitfalls to avoid but for professional advice, contact Impala Accountants on 0755361960. We understand all the intricacies of the tax system and know how to get the best returns for our clients. As an added bonus, lodging your tax return...

Matched funding of up to $5 000 (excluding GST) may be provided to eligible businesses to participate in training, engage a consultant, advisor, or business coach for up to three months to help establish or develop your business.

The training, advice or services must fall under one or more of the following areas:

- mentoring/coaching

- business and strategic planning

- professional business advice (information technology, legal or financial)

- marketing strategy development (branding strategies, social media/digital strategies, market research).

To be eligible for this grant, the business must:

- have a business name registered within the last four years

- hav...

This is the headline that keeps popping up in my news feed. This means the ATO is doing it's best to get the message out there to all tax payers, be conscious of what you claim as a work related expense.

In an interview with Acuity, Australian Tax Commissioner Chris Jordan took the time to spell out his new agenda for 2018, where he sets small business and individuals in his sights.

Chris Jordan is a very business savvy and strategic man. One that was chosen wisely for the job he now holds. And one that will continue to succeed in the targets he sets. 

Having gone after large multinationals, from BHP Billiton to Google in recent times, he has now turned h...

Have you thought about creating resolutions for you business? A resolution, after all, is a commitment to do something differently to bring about a positive change.

If you’re lodging your own tax return they are due by the 31 October 2017 deadline.

However, if you need more time, you have up until 15 May 2018 to lodge through your accountant.

Using an accountant means you don't miss out on all the deductions you could eligible for. Impala Accountant's tax preparation fees are tax ded

uctible and you won't risk ATO penalties for

incorrectly interpreting the tax laws. 

Are you a small businesses that has made a mistake or left something out of your previous Business Activity Statements (BAS)?

No worries – it’s easy to fix!

Impala Accountants can correct previous mistakes when we lodge your next BAS or we can lodge a revision form online. Or for more information follow this link at the ATO.

Skip the hassle of misplaced or faded receipts by recording transactions as you go. Simply enter the details or snap a photo of the receipt, then save it using the ATO's MyDeductions app. 

You can also wave goodbye to a paper log book, by saving your trips electronically when managing your work-related car expenses.

If you're an individual taxpayer, small business owner or self-managed super fund trustee, you can access relevant tax and super information and tools in one place.

For a quick demonstration of the MyDeductions tool, visit the following link.