As a business director or owner, it can be challenging to decide the best direction for your business, whether it’s growth in size or diversification into other markets, downsizing after the turbulent past few years, succession planning for the next generation, or...
Staff
From Big 4 to Boutique – How I Found my Home at Nexis
Over the past 12 years I’ve worked for boutique firms, mid-tier firms, and even one of the Big 4 accounting firms. Over that time, I’ve loved connecting with the people I’ve worked with and the clients I’ve worked on and been part of some great work cultures. My...
4 Things to Consider When Investing in Property in 2023
Investing in property can be a great way to secure your financial future and grow your wealth. However, with interest rates and the cost of living rising, understanding the potential risks of investing in property can help you make an informed decision. ...
Meet Adam
Meet Adam Douglass, who joined Nexis as a Tax Specialist and Manager in our Business Services team in July 2022. His best advice is: “Failing to plan is planning to fail – planning your key business decisions upfront where possible can...
5 things to know about cryptocurrencies and your SMSF
In recent years, many Australians have been looking to invest their money and become financially independent. This has seen an increase in the number of self-managed super funds (SMSF) and investments in cryptocurrencies (crypto) such as Bitcoin or...
Meet Victoria
Meet Victoria, who joined Nexis as a Senior Accountant in September 2022. Her best advice to those new to the accounting world is to “listen to your client’s needs and create an offering that truly solves their problems rather than changing their idea of what...
Here’s everything you need to know about the changes to WFH deductions
The ATO has changed the way you claim work from home (WFH) deductions, starting from 1 July 2022. The Practical Compliance Guideline (PCG 2023/1) was finalised on 16 February 2023. The Guideline outlines the ATO’s post-COVID 19 approach to WFH tax deductions. Prior to...
Your relationship with your accountant should be one of the best you have
It’s Valentine’s Day, so you might be celebrating the relationships in your life: with your significant other, your friends, or your fluffy companion. But you might be overlooking other important connections, like your business relationships. Such as with your...
Everything small businesses need to know about claiming 120% deductions at tax time
The government is helping small and medium enterprises with an aggregated turnover of less than $50 million to reinvigorate their businesses after the effects of the pandemic. Announced in the 2022-23 Budget and still subject to law, the proposed investment boosts...
Here’s everything you need to know about the proposed changes to WFH deductions
The ATO is changing the way you claim work-from-home (WFH) deductions from the start of the 2022/23 financial year. The Practical Compliance Guideline (PCG 2022/D4) is currently in draft but was released for comment on 2 November and is open until 30 November. The...