Northern Beaches Accountants Should you change accountants?

Should you change accountants?

Don’t change your accountancy firm – It’s disruptive, time-consuming, and risky! Actually, nothing could be further from the truth. If your business is growing or anticipating growth and your existing accountancy firm cannot provide the level of service you need to support that growth, you should definitely consider switching to a firm that can. Are…

Northern Beaches Accountants Paying tax on term deposits

Paying tax on term deposits

The interest you earn from term deposits is subject to tax, just like your regular income. You have to declare investment income on your tax return, including interest in the year it was credited or received. The amount of tax you need to pay depends on the amount of interest you earn on your term…