Claiming depreciation Bendigo

What can you claim when renovating?

More and more Australian investors are choosing to renovate their investment properties before leasing them out. However, investors who live in the property while renovating risk missing out on thousands of dollars in property depreciation deductions. Read more

Guide to travel related work expenses

Travelling for work can be expensive, whether it’s visiting customers in your home town or attending a conference overseas, so it’s important to claim everything you are entitled to in your tax return, keeping in mind that the Australian Taxation Office (ATO) is paying increasing attention to claims in this area. Read more

Client Update – December 2018

Summer is upon us and December arrived with bush fires in Queensland and flooding rains in NSW. Our best wishes go out to all those affected as well as our brave emergency services workers. Read more

Client Update – April 2018

We hope you had peaceful and relaxing Easter break. With the Commonwealth Games now on, we have been excited to watch and support our athletes in their pursuits.
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Stay safe from scams at tax time

It seems as though every year as people gear up for tax time, there’s a new type of fraud or cyber attack that crops up. Most people want to do the right thing when it comes to dealing with government authorities like the Australian Tax Office (ATO), and scammers take advantage of that. Read more

Client Update – April 2017

As April arrives Queenslanders are clearing up after the devastation of Cyclone Debbie which damaged homes, businesses and agricultural crops. Our thoughts and best wishes go out to all those affected.

Our April update includes a very special front page, as we introduce our first Chief Executive Officer of the firm, Kate Mannix.

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Client update – February 2017

It’s hard to believe it’s February already, with the nation back at work and kids back at school after the summer holidays.

Maiden Gully CFACasual cash quarter

This casual cash quarter we are recognising the hard work that our local firefighters do, especially during the warmer months. We will be supporting our local Lockwood and Maiden Gully Fire Brigades through casual cash donations.

 

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Economic Update:

All eyes were on the US in January, where newly installed President Trump hit the ground running. Markets took this as an encouraging sign that he would follow through on promised tax cuts and infrastructure spending. An encouraging start to the US company reporting season and higher oil prices also boosted confidence, until confusion surrounding immigration policy prompted a late sell off.

In Australia, local shares lost ground over the month despite continued strength in iron ore prices and tame inflation. The consumer price index (CPI) rose by a lower than expected 0.5% in the December quarter, taking the annual rate of inflation to 1.5% from 1.3% previously. This leaves the door open for a potential further rate cut by the Reserve Bank if inflation remains in check.

Also in this issue:

  • Home office deductions explanation
  • Wine Equalisation Tax Rebate changes summarised
  • Tips on how to get your business on track for 2017
  • Venture Financial Advisors raise the topic of education costs
  • What we’ve been up to in the community.

We hope you find this issue informative, should you wish to investigate any of these matters, we encourage you to contact our office.

Client update – December 2016

AFS turns 70

In this month’s edition we cover the history of AFS. This year we celebrate 70 years of service in Bendigo and beyond. From humble beginnings to a team of over 70, we take a look back at the history of the firm.

 

BDG blogThe wonderful work from all of our team over the years has shaped AFS into the successful firm it is today. AFS now has seven Partners and over 70 staff, comparing itself to second-tier firms in Melbourne.

Our culture sets us apart from other accounting firms. It’s the customer service and respect with which we treat our clients that makes us stand out. It defines who we are and how we connect with our clients and community.

Read about where our firm began and how it became all that it is today here.

 


December newsletter

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Also in this issue:

 

  • December economic summary
  • Superannuation reform Bill passed
  • SuperStream compliance under the spotlight
  • Small business exit plan
  • Research and development tax rate change
  • Primary producer income tax averaging
  • Simplified record keeping
  • AFS takes the cup four years running
  • Toiletry packs for those in need

We hope you find this issue informative, should you wish to investigate any of these matters, we encourage you to contact our office.Christmas hours

AFS takes the cup four years running

The annual Bendigo Bank Fun Run was held on Sunday 30 October with over 2,000 participants heading along to run or walk 5km, 10km, 15km and even the half marathon 21km!

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Client Update – October 2016

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Cystic Fibrosis a cause for casual cash

In this month’s edition we cover the fight for cystic fibrosis. Earlier this year we were saddened to hear the news that little Macie had been diagnosed with CF. Macie is the granddaughter of Danny Caulfield, one of our long time associates. Read more