ATO announces changes to working from home deductions

The record keeping requirements and methods for calculating working from home deductions has changed for the 2022–23 income year onwards. From the 2022–23 income year, the methods available to calculate working from home deductions are the: While the actual cost method remains unchanged, the revised fixed rate method has been updated to better reflect contemporary […]

Read More… from ATO announces changes to working from home deductions

Free Financial Health Check

For all new Butler clients we offer a free 60-minute financial health check At Butler we strive to help clients reach financial freedom. Our Financial Health Check involves one of our financial advisors working with you to get a complete picture of your assets, liabilities, income, and expenses, giving helpful hints, tips and ideas to […]

Read More… from Free Financial Health Check

Butler Chartered Accountants Charge out Rate

Please find below an indication of our fees. Our hourly rates vary depending on the level of skills and qualifications required and the complexity of the task.  Our hourly charge rates are as indicated below: Accounting Position Charge out rate per hour (excl. GST) Director $330.00 to $450.00 Client Manager $175.00 to $250.00   Accountant […]

Read More… from Butler Chartered Accountants Charge out Rate

Review of 2022, outlook for 2023 

Key points  2022 – from COVID to inflation and surging interest rates  The good news is that 2022 finally saw the world shake off the grip of Coronavirus as it transitioned from a pandemic to endemic (albeit it’s still causing problems in China). However, the past year turned out far more difficult for investors than […]

Read More… from Review of 2022, outlook for 2023 

The plunge in shares and flow on to Super
Key things for investors to keep in mind

  Introduction Usually share markets are relatively calm and so don’t generate a lot of attention. But periodically they tumble and generate headlines like “billions wiped off share market” and “biggest share plunge since…” Sometimes it ends quickly and the market heads back up again and is forgotten about. But once every so often share […]

Read More… from The plunge in shares and flow on to Super
Key things for investors to keep in mind

The 2022 Australian Federal election and investors

Key points Australian election campaigns tend to result in a period of uncertainty which have seen weak gains on average for shares followed by a bounce once it’s out of the way. Labor is not offering a significantly different economic policy agenda than the Coalition. With the exception of climate policies, it’s hard to see […]

Read More… from The 2022 Australian Federal election and investors

2021 Tax Return Checklist

To help you complete your tax return, especially if you’ve been working from home, this checklist outlines income, and expenses you need to disclose to the Australian Taxation Office (ATO) when lodging your return. We’ve also provided an overview of the types of tax offsets and deductions you may be entitled to claim plus other handy […]

Read More… from 2021 Tax Return Checklist