We hope to see your smiling faces soon

In Victoria we now find ourselves in our second lockdown for 2021. It is becoming to feel more normal for many of us. At Bluebird Accounting we have been strengthening our processes and procedures to help you achieve financial happiness.  We have successfully transitioned back to remote working conditions. We hope this will only be for a limited amount of time as our preference is to see everyone’s smiling faces and be working face-to-face with our people and our clients.

Our client services team is managing and directing all of your day-to-day questions and needs. So please don’t be shy and reach out if you have any questions big or small we are happy to assist.

Coronavirus assistance

Business

We are committed to ensuring that all our clients feel safe that their compliance needs are attended to and that we have your back. This includes maintaining your monthly, quarterly and annual obligations. Our team is closely monitoring eligibility of state business grants and will be addressing any client’s eligibility as they arise.

Information for businesses can be found at Business Victoria website

Business & Employees

If a covid test and isolation are required, businesses and employees can find information on the Fair Work website. You can also find information on the Coronavirus Test Isolation Payment on the Vic Gov website.

Preparing for Tax Time 

Business

Our accountants are currently working through end-of-year planning for business and investment clients. This includes:

• - Cash flow planning
• - Tax planning which includes timing of tax payments
• - Recording your trust distributions within an annual trust resolution

Individuals

Let's talk record keeping, over the last 12 months we have become digitally savvy and less reliant on paper. At Bluebird Accounting, we are committed to creating sustainable practices.

One of which is reducing paper records and creating a pathway to a paperless office.  Clients can go paperless at tax time by providing their information electronically through:

• - Our client portal
• - Dropbox office@bluebirdaccounting.com.au
• - Email your Bluebird Accounting contact
• - Our tax form

You can provide the information in an excel spreadsheet, your bank statement record or bank CSV download, your digital receipts and any bookkeeping system.

Multiple income sources

2021 financial year has created some variables for many individuals. Some of you may have received JobKeeper stand down payments, JobSeeker payments and multiple employers. If this is you, there are some tax considerations you may need to look at which includes under provision of PAYG from your payments. Therefore, you may wish to start planning your tax position and provide additional savings to be allocated to a tax payable position.

Claiming work-related expenses

There are a wide variety of deductible expenses that can be claimed when incurred in the process of earning assessable income. There is also a lot of misconceptions about what you can and can’t claim.

At Bluebird Accounting we are committed to empowering our clients to make informed decisions about their claims. In June we will be providing you will all the information to understand what you can claim and what is not an acceptable claim.

Helping you achieve financial happiness

Our office is located at 166a Pascoe Vale Road Moonee Ponds, Victoria.

We are currently working remotely.

You can contact us on (03) 9999 3230 or

email us at office@bluebirdaccounting.com.au

Bluebird Wealth Group Pty Ltd

Trading As Bluebird Accounting is a CPA Practice

Liability limited under a scheme approved under professional standards Legislation

Please note: Many of the comments in this email are general in nature. If you intend to apply this information to your own circumstances, you should contact us to verify how it can be applied in your particular case.