Keeping up with the latest in the accounting news.

General

Government’s Stimulus Package in response to the Coronavirus

Posted by Todd Hodkinson on March 24, 2020

What a changed world we are living in as we all try to navigate the challenges arising from the current Coronavirus Pandemic, including protecting the health and safety of our […]

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New stimulus package in response to COVID-19

Posted by Todd Hodkinson on March 23, 2020

There have been some significant changes to the previously announced COVID-19 stimulus package from the federal government.  These packages build on the incentives to attempt to keep small businesses open […]

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How should your small business prepare for COVID-19?

Posted by Todd Hodkinson on March 19, 2020

Coronavirus is making its way through Australia and everywhere you look there is a news article, government announcement, meme, email, tweet or website all about it. But how should your […]

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Some tax affects of the government’s stimulus

Posted by Todd Hodkinson on March 12, 2020

Earlier today PM Scott Morrison announced the details of his economic stimulus package in response to the COVID-19 virus.  While any draft legislation is still probably a few weeks away, […]

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Can We Account On You? .::. We’re Hiring

Posted by Todd Hodkinson on January 28, 2020

  Hodkinson Accounting is a professional services firm based in Townsville, North Queensland.  At Hodkinson Accounting.  We focus on being our client’s solution, by guiding them in not only their […]

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Tax Cuts become law

Posted by Todd Hodkinson on August 8, 2019

The Government has announced that more than 10 million Australians will receive immediate tax relief following the passage of legislation through the Parliament, which increases the top threshold for the […]

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Policy arguments against Labor’s proposed $3,000 cap on deductions for managing tax affairs

Posted by Todd Hodkinson on May 16, 2019

As your accountant and tax adviser, we strongly oppose the proposal by the Australian Labor Party to cap at $3,000 the annual tax deduction Australians can claim for the cost […]

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Federal Budget 2019

Posted by Todd Hodkinson on April 11, 2019

Never before have I seen a greater difference in the two major Australian political parties and their respective tax policies.  Ordinarily, both parties want (or at least they say they do), lower […]

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tax policy

Franking credit removal hurts all Australians

Posted by Todd Hodkinson on February 22, 2019

Recently there have been a number of bold tax policy announcements from Mr Shorten and the ALP.  I have been proponent of tax reform for years, and have always said that the tax system should encourage […]

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Payroll

The biggest change for compliance in business since the introduction of GST.

Posted by Todd Hodkinson on December 9, 2018

For the past 6 months, Single Touch Payroll has been a requirement for businesses with more than 20 employees or more.  This single touch payroll has been toted as being the biggest compliance change […]