When do I have to lodge my 2018 tax return?

Something that people often get confused about it is when do you actually have to lodge your tax return. And like many things in tax…. The answer is… well it depends… it’s really easy though and there are two deadlines for an individual tax return that we will explain. Let’s start with some tax basics about your tax return: The tax year in Australia runs from 1 July to 30th June. Eg 01/07/2017 to 30/06/2018 – this is known as the 2018 Financial Year. You can lodge your 2018 tax return anytime from July 2018 until 31st October 2018. However,… Continue reading

Congratulations to Miriam Holme – Accountant of the Year Finalist!

  Well they say that good things come in three and we are excited to announce that Miriam Holme, founder and Senior Accountant of Fab Tax Accountants and Flinders Accounting, is a finalist in the Women in Finance Awards in 3 categories: 1. Accountant of the Year 2. Director of the Year 3. Women’s Community Engagement Program of the Year Thank you to the extremely hardworking and talented Fab Tax Accountants team and all our amazing clients that we have been able to share the #fabtax journey with. The best is yet to come! The Women in Finance Awards identifies leading women… Continue reading

BUSINESS OWNERS: Here’s the June 30 requirement you may have missed

Come the end of financial year, it’s certainly commonplace that business owners find themselves with a new set of requirements to adhere to. But with all the daily goings on in your business, and the long list of things to take care of before the end of financial year, you can be forgiven for overlooking crucial changes from the tax office. By June 30 this year, all businesses must be using SuperStream, a standard for processing superannuation data and payments electronically. This is a significant change that most businesses aren’t aware of. What exactly is SuperStream? It’s a government initiative… Continue reading

A Morning with Philip Di Bella – Queensland BRW’s Richest Under 40 Self-Made Millionaire

If you wake up every morning craving that first cup of coffee, then chances are you’ve heard of Di Bella Coffee. The caffeine-supplying juggernaut was built by founder Phillip Di Bella, who started the company from scratch in 2002 and sold his empire for a reported $47 million just 12 years later. I had the chance to hear from Phillip in Brisbane recently, and his talk was inspiring, motivating and challenging – I am still buzzing over a week later! Phillip isn’t afraid to share his opinions. He’s famous for being outspoken in the business world and in the media…. Continue reading