Fusion Accounting Solutions Pty Ltd

Our September edition of Fusion Solutions news is now out! Check out the latest changes to employment laws in effect as of late August including your employees 'right to disconnect'. Are you across the changes? Read about them and more on the link below! https://lnkd.in/gCmxp3Cq

What happens to your Companies if you die, get sick, are litigated against or become bankrupt? There are almost 3 million companies in Australia. Many are used by small business to trade and for others, companies act as a trustee for a discretionary family trust or a self-managed super fund (SMSF). However, what happens when the director of the company – trading or trustee dies or becomes incapacitated? Find out in our latest blog 👉 https://lnkd.in/gnAyBpEB

Really proud of Paul and the Financial Planning team. Paul has been invited to Los Angeles by Count Financial as part of their Pinnacle Leaders Program. A bit like Top Gun, the best of the best. Enjoy the experience mate and we look forward to what you bring back including those chocolates there.

Check out the latest Fusion Solutions monthly update - with timely reminders to be alert with fraud attempts on the rise around tax time! https://lnkd.in/gSMPCqmY

Last month we outlined the ATO hitlist this year from side hustles to property investors and some ill-claimed work expenses. So this month, let’s flip the switch and outline the items you can indeed claim. Note this is provided you have receipts and can substantiate the expenses. We’ve broken it down for individual industries. We’ve taken a broad sweep to cover as many workers as possible in this extensive list. What can I claim this tax time in my industry? https://lnkd.in/g4X-KCpM

With the start of the new financial year, there are some important updates relating to payroll for businesses to be aware of, and to action. We wrap them up in today's blog 👉 https://lnkd.in/gMdSHdwm

Each year the ATO highlights some big-ticket errors that top their list. If you work from home, invest in property and/or crypto or run a side hustle for some extra coin, this is for you. If there is one piece of advice we can give, take the utmost care when completing your tax return. The ATO is on the lookout for anyone inadvertently, or purposely making mistakes on their claims to boost their returns. So what is on the hit list for the 2023-24 tax year? https://lnkd.in/gPfzmPny

Last night, Treasurer Jim Chalmers released the 2024-25 Federal Budget, aiming to assist Australian households and ease the cost of living pressures with tax cuts, energy bill rebates, cheaper medicines and increases to medicare thresholds. Check out the key measures in our latest blog https://lnkd.in/eYjabn4v

There are times in life when you need an accountant. Then there are other times you need a financial planner. But what if you could have access to both services at any one time? As after all, they do go hand-in-hand. https://lnkd.in/gk4-ZzDx

There is no doubt that times are tough for many small business owners. Business insolvencies across Australia are on the rise with over 8,000 businesses entering liquidation in 2023, the highest level since 2015. With a bleak forecast ahead of predicted business failure set to increase over the next 12 months – what can you do to avoid being one of the statistics? https://lnkd.in/gyZEAK-M