At Kothes we love cloud accounting. These are some of the reasons why. Document management: You can submit invoices and receipts on the go, as soon as you receive it. Expense tracking: Your accountant will have real-time data from your business, allowing you to claim expenses more accurately and reimburse on time. Mobile business data:...
Each semester the UOW: University of Wollongong, Australia Bega Campus gives recognition to some of its highest achieving students. Kothes Accounting Group is lucky enough to sponsor awards for the highest achievers in the University’s accounting fields, and Kothes Principal Gary Skelton had the honour of awarding two prizes – both to our very own...
You may dream about overseas holidays, home renovations or simply spending more time with your friends and family in retirement. However, the reality is that many people’s savings are unlikely to match their ideal retirement lifestyle unless they take action. When you retire, your superannuation, assets and other investments are your lifeline. You no longer...
Our February edition of Kothes Advantage covers a broad range of topics but the biggest one that needs attention is changes to the Single Touch Payroll that start on July 1. We’ve included an article published by Xero, who we are Gold Partners with, as it gives a good overview of opportunities for small businesses...
When John Hukins retires from Kothes on June 30, 2018 it marks the end of a financial year and the end of an era for the 71-year old accounting firm. The fourth generation dairy farmer fell into an accounting career which spans more than 40 years. When he left school he wanted to be a...
University of Wollongong student Wendy Hodges has topped her studies for the second year in a row. Kothes has awarded Wendy a $500 prize for her outstanding results in her Bachelor of Commerce Accounting Degree. Wendy achieved the highest mark in her course. Kothes has also given Jade Ferrer a $500 prize for topping the...
By Gary Skelton, Kothes Director & Self-Managed Super Fund Specialist While the contribution limits for super have gone down this year, there are still opportunities to take advantage of the generous tax environment super offers. Make the most of your before-tax contributions Concessional contributions are contributions you can make to super with your before-tax salary....
CONSIDER XERO for your SMALL BUSINESS Many of our clients are enjoying the benefits of one of the most innovative and life-changing accounting software programs to enter the accounting world, Xero. From your phone you can check your cashflow, send out invoices, process payments, reconcile your bank account and track sales and purchases. You can...
The ATO has launched a new project called ‘Super Scheme Smart’, an initiative aimed at educating individuals about the potential pitfalls of ‘retirement planning schemes’. The ATO says individuals most at risk are those approaching retirement, including anyone aged 50 or over, looking to put significant amounts of money into retirement, particularly Self Managed Super...