• CIB Newsflash – Tax Office Scam Alert

    We have recently become aware of a scam currently in operation where the callers claim to be from the Australian Taxation Office (ATO). They state that there is an outstanding debt owing to them an..
  • Want to DOUBLE your Business Turnover & Profit?

    Article by Sean Wolrige, LINK Business Brokers As we approach the Christmas season it gives many of us a time to relax and enjoy time with family. It also gives some of us time away from our busin..
  • Single Touch Payroll

    Single Touch Payroll (STP) is a reporting change for employers reporting wage information to the ATO. It commenced on 1 July 2018 for employers with 20 or more employees. It is planned to be extend..
  • Are you paying the correct amount of Tax?

    What does the tax office look for in assessing whether a professional business owner is paying the correct amount of tax? That's a very good question, and welcome to CIB Accountants. The answer to thi..
  • What is a Dividend?

    Accountants always assume business owners know what a dividend is but not everyone does. So let's discuss it today. A dividend is when there's surplus profits in a company. A dividend is a way and mea..
  • What is Super Stream?

    Super Stream is a government initiative that requires employers to pay and report superannuation for employees electronically. It came into force on the 1st of July '15 for larger employers, and i..
  • Working with the Tax office when times get tough

    The most common unnecessary audit that I see in the industry is in relation to business owners not paying their employee super on time. This is usually a problem to do with cash flow. Why is this ..
  • Do you need a new audit firm?

    You may feel that changing audit firms is too hard, it doesn’t need to be. Finding the right firm can be VERY satisfying and beneficial to your business. How much are you paying for your audit?..