ARTICLES

Income Tax Rates for 2025 Tax Year  (Author: Duncan Warnock CPA | MARCH 2025) 

What are the income tax rates for 2025 ?  To view the different personal income tax rates at different income levels for the 2025 tax year please click on the article link below. The tax rates are for taxpayers who are Australian residents for tax purposes.

Click to view full article 


How to record Business Expenses (Author: Duncan Warnock CPA | November  2024)

If you are a Geelong Business owner and not using accounting software to record & allocate your business expenses then you may be unsure about how to group or categorise your business expenses into logical categories. We are here to help. Read on for more information.

Click to view full article

HECS & HELP - STUDY & TRAINING LOAN REPAYMENT THRESHOLDS & RATES (Author: Duncan Warnock CPA | JULY  2024)

What HECS HELP Repayments do I need to make for my 2025 tax return?  If you are confused by how much HECS/HELP  you need to pay  when you lodge you tax contact Warnock Accounting in Geelong. We can explain how its calculated and how the amount changes based on income.

Click here to view the full article

REAL ESTATE INDUSTRY EMPLOYEE TAX DEDUCTIONS (Author: Duncan Warnock CPA | MAY 2024)

If you work within the real estate industry then there are real estate industry specific as well as general tax deductions that you might be entitled to that you are not aware of. Ensure you get the opportunity to claim all the tax deductions that you are entitled to by getting help from a good accountant with your annual tax return.

Click here to view the full article

8 Tax Invoice tips for a GST Registered business                                                             Author: Duncan Warnock CPA | October 2016

Attention all Geelong business owners who are GST Registered! - Do you know what information needs to be on your Tax Invoices when you are GST Registered?  When you make a taxable sale of more than $82.50 (including GST), your GST-registered customers need a tax invoice from you to be able to claim a credit for the GST in the purchase price. Read this article for 8 tax invoice tips for a GST Registered business.

Click here to view full article

Xero Accounting - How to record a Business Expense (Bill)                                                                     Author: Duncan Warnock CPA | March 2016

Geelong Small Business accounting & bookkeeping of expenses is made so much easier when using Cloud Accounting software solution Xero.  This article shows you a real example on how to enter a Bill (expense) into cloud accounting software solution Xero. 

Click here to view full article

Xero Invoicing Overview                                                                                                                         Author: Duncan Warnock CPA | July 2015

Cloud Accounting software solution Xero provides great functionality and flexibility for creating invoices. At MAS Tax Accountants Geelong West we love cloud accounting solutions because we are a small business and we love helping small businesses. Watch the Xero Invoicing video to learn just how easy Xero Invoicing is.

Click here to view full article

2016 SuperStream Employer Obligations- Geelong Employers                                                               Author: Duncan Warnock CPA | February 2016

Attention Geelong Employers! - Do you have less than 20 employees? Are you ready to meet your new SuperStream obligations by July 1, 2016? Read this full article to find out more about SuperStream.

Click here to view full article

20 Reasons to use Intuit QuickBooks Online                                                                                Author: Duncan Warnock CPA | June 2014

The flexibility of being able to access a cloud accounting package anywhere and anytime you have an internet connection makes it a must have in comparison to a desktop based software package.

One of the main cloud accounting packages available is Intuit QuickBooks. It is used by 1.48 million worldwide and has 3 types of subscription offerings. The current retail price of the most advanced offering called ‘Plus’ is  $35per month. It you subscribe to Intuit QuickBooks via an Intuit Pro Advisor such as myself then it will be even cheaper than that.

Click here to view the full article

TEACHER TAX DEDUCTIONS

Click here to view article

EMPLOYER OBLIGATIONS & ADVICE

Click here to view article

5 reasons to use XERO 

Click here to view article

Cloud ACCOUNTING OVERVIEW

Click here to view article

© Copyright  2022 Warnock Accounting | Tax Agent Number 25 366 722 | Warnock Accounting is a CPA Business | Geelong Office