Highland Accounting Services

I finished studying accounting in 1994 and then started working for a small accounting practice in Glenelg until 1996 when I was able to register as a Tax Agent. My client base has steadily grown since 1996 requiring me to move to larger premises. The move to my current location at 1/601 North East Road Gilles Plains happened in 2003.

Are you looking for a complete taxation guide in regards to owning a rental property, are you a current owner of a rental property or are you thinking about investing in a property? I am a registered Tax Agent with over 20 years experience in preparing tax returns for clients that have rental properties, I have been advising clients in regards to their Income and deductions and any capital gains queries that they have.

Profit and Loss statements, Balance Sheets prepared for your Business on a yearly, quarterly or monthly basis. Advice is given in all aspects of the GST. Applications for the ABN and GST and the remittance of Business and Instalment Activity Statement. Private companies set up, Annual returns prepared and the filing of assorted ASIC documents.

If you took out a Student Financial Supplement Loan between the years of 1993 and 2003, you are required to repay some of your debt if your Repayment Income (RI) is greater than the thresholds in the table below. The Repayment Income (RI) is your taxable income plus any total net investment loss (which includes net rental losses), total reportable fringe benefits amounts, reportable super contributions and exempt foreign employment income.

Every year I update the Income Tests for Family Tax Benefit Part A on this blog, I do this for several reasons, the first being that I have an easy way of retrieving the income thresholds should a client ask. You may get the maximum rate of FTB Part A if your family's adjusted taxable income is $54,677 or less.