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Hornsby Accountants, Tax Agents, Business Advice and Consultants
Hornsby Based Accountants, Business Tax Agents and Consultants
Why Choose Us As Your Accountant?
At Links 2 Accountants & Advisors, we:
- care about the advice we give and the outcome of that advice
- take initiative to help you improve your position
- pay special attention to the quality of the work & advice we provide
- put ourselves in your shoes to develop an understanding of you and your objectives
Links 2 Accountants & Advisors is conveniently located next to Hornsby Westfield.
We can accommodate your busy work schedule by having evening and Saturday appointments available.
Did You Know
Debt-stricken businesses risk damage to credit scoreBusinesses in debt with the Australian Tax Office (ATO) could be damaging their credit score. This was announced by the ATO as the organisation is about to notify credit bureaus of the debt of more than 9,000 businesses. The ATO says that as of July 2023 it has issued notices of intent to disclose business tax debts to more than 22,000 businesses with a tax debt of at least $100,000 that is overdue by more than 90 days. Tags: #Hornsby Accountant #Hornsby Tax #Hornsby Business Posted: Oct 2023 |
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Shifting job market may be helping small businessesAre you finding it easier to find staff for your small business? You may not be alone. According to recent data from the Australian Bureau of Statistics (ABS), the job market has seen a notable shift. In August 2023, there were 390,000 job vacancies, a decrease of 38,000 from May 2023. The demand for workers eased for the fifth consecutive quarter, coinciding with a rise in the unemployment rate. However, the labour market remains tighter than pre-pandemic levels, with vacancies still 72% higher than February 2020. Tags: #Hornsby Accountant #Hornsby Tax #Hornsby Business Posted: Oct 2023 |
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Aussie SMEs hit financing wall amid tighter lending standardsAround half of Australia’s small and medium enterprises (SMEs) struggle to secure finance from traditional lenders with terms that suit their needs. According to the Reserve Bank of Australia (RBA) a recent survey of SMEs revealed that respondents believe banks have tightened lending standards, making it harder to get loans. Banks themselves have reported being more cautious lending to sectors that are more exposed to a slowing economy. The requirement to use residential property as collateral for loans has been a problem for SMEs for a while. Tags: #Hornsby Accountant #Hornsby Tax #Hornsby Business Posted: Oct 2023 |
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Property owners given CGT reminderYou can’t slide under the radar and avoid reporting capital gain tax (CGT). This is the message the Australian Tax Office (ATO) is sending to property owners after noticing a number of mistakes in people’s tax submissions. Your main residence is exempt from CGT but if you have used it to earn rental income, whether long- or short-term rentals, or you’ve run a business from home, you may have to pay CGT. Tags: Posted: Oct 2023 |
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