Filing your tax return can be a daunting task, especially when you have multiple income streams, deductions, dividends, and other investments. When it comes to navigating ever-changing tax laws, hiring a registered tax agent ensures accuracy, compliance, and financial optimisation. […]
Why Hiring an Accountant is a Smart Move this Tax Time Read More »
Changes to Financial Reporting in the Australian Not-For-Profit Sector Here at Roger Boghani, we specialise in providing financial and business services to the Non-Profit Sector. We are watching closely as the Federal Government, with direct input from the AASB
Financial Reporting in the Australian Not-for-Profit Sector Read More »
Making the Right Choice for Your Business Here at Roger Boghani Tax & Business Services, we work closely with businesses every day to understand their needs and provide expert advice to help them achieve an optimal financial position by making
Cash vs Accrual Accounting Read More »
Strategies to balance debt reduction and future-proof your wealth. The Age recently highlighted a surprising truth: aggressively paying down your mortgage could cost you wealth over time, especially in Australia’s current high-interest-rate environment. With home loan rates hovering around 5-6% and investment
Invest or Pay off Mortgage first? Read More »
EOFY 24/25 will be a busy time for our firm, and the end of the financial year is a critical time for Australian businesses to review, strategise, and comply. In our latest edition, we provide you with a quick guide
EOFY 2024/25 Guide for Australian Businesses Read More »
As AI tools like ChatGPT grow in popularity, more taxpayers are turning to them for tax advice and compliance guidance. However, experts warn that AI-generated tax information may be inaccurate, outdated, and therefore dangerous, putting users at risk of steep
Why Relying on ChatGPT for Tax Advice Could Be Risky Read More »
The 2025 Federal Budget has reignited discussions around Division 296, a controversial tax measure targeting high superannuation balances. According to a recent AccountantsDaily article, the government is pushing forward with this reform, which could have significant implications for business owners, high-income earners,
What the Return of Division 296 Means for Australian Businesses Read More »
When it comes to building wealth and securing your financial future, property investment is often touted as one of the most reliable strategies. Whether you’re looking for short-to-medium-term gains or planning for a comfortable retirement, property can play a pivotal
Property Investment: A Short-Medium Term Strategy or a Retirement Readiness Tool? Read More »
Running a business in Australia comes with many responsibilities, and one of the most important is managing Goods and Services Tax (GST). Understanding how to calculate and report GST is essential to staying compliant with the Australian Taxation Office (ATO)
How to Calculate & Report GST for Your Business Read More »
When you think of accounting and marketing, they might seem like two completely different worlds. One is all about numbers, spreadsheets, and financial precision, while the other focuses on creativity, branding, and customer engagement. But here’s the thing: these
Why Accounting and Marketing Go Together Read More »
Running a small or medium-sized business involves juggling numerous responsibilities—from managing daily operations to focusing on long-term growth. Accounting is one of the most critical tasks, yet it can consume a significant amount of time and resources if handled
The Benefits of Outsourcing Your Business’s Accounting Needs Read More »
Looking to extend your annual leave without compromising job security? The Purchased Leave arrangement offered by the Victorian Public Service could be just what you need. Here’s a breakdown of this valuable employee benefit and how it works. How
What is Purchased Leave? Read More »
Understanding IAS and BAS/GST Returns for Small to Medium-Sized Businesses Running a small or medium-sized business (SMB) comes with its share of responsibilities, especially when it comes to managing taxes and ensuring compliance with regulatory requirements. Two key tax
Understanding IAS and BAS/GST Returns for Small to Medium-Sized Businesses Read More »
Understanding Capital Gains Tax (CGT) for Different Business Structures: A Comparison Guide Capital Gains Tax (CGT) can be one of the more complex areas of tax law, especially when trying to understand how it applies to different entities like
Understanding Capital Gains Tax (CGT) for Different Business Structures Read More »
Understanding Non-Profit Organisations: A Guide to Setting Up, Running, and Succeeding In a world driven by commerce and profit, non-profit organisations (NPOs) stand out for their dedication to social good, charitable work, and community development. This blog will explore
Non-Profit Organisations Read More »
The Benefits of a Self-Managed Superannuation Fund (SMSF) in Australia Managing retirement savings is a crucial financial responsibility. In Australia, one popular option for doing so is through a Self-Managed Superannuation Fund (SMSF). Unlike retail or industry super funds,
The Benefits of a SMSF Read More »
Understanding the ATO Superannuation Guarantee Charge (SGC) The Australian Taxation Office (ATO) oversees the administration of superannuation guarantee (SG) contributions, ensuring employers comply with their legal obligations. When employers fail to meet these obligations, they may incur the Superannuation Guarantee
Super Guarantee charges (SGC) Specialist Accountant Read More »
GST, or Goods and Services Tax, applies to various aspects of our lives, including residential property transactions. Whether you’re buying, selling, or renting a home, understanding GST implications is crucial. In this guide, we’ll break down everything you need to
What Is GST on Residential Property? Everything You Need to Know Read More »
The margin scheme is essential in property dealings, specifically for businesses registered for GST (Goods and Services Tax). This scheme offers a method to calculate GST on property sales based on the ‘margin’ between the selling price and the purchase price or
What is Margin Scheme- Understanding Eligibility Criteria in Property Sales Read More »
You’re a small business owner trying to get a handle on your finances. You know you need help with your books and taxes but need help figuring out where to turn. Should you hire a tax accountant or a bookkeeper?
Tax Accountant vs. Bookkeeper: Understanding the Key Differences and Roles Read More »
