Fictions (and facts) about work expense deductions
There can be varied sources for some of the myths about tax deductions for employees
Read more
Specialist Tax Services
For the Artistic, Creative, Entertainment, Media and Technology Industries. Attentive and friendly services. Knowledgeable and personalised advice, specific to your business or occupation. Our clever systems make it easier to get organised and improve your outcome. Meetings on Video or in Brisbane, flexible times.
Learn MoreInternational Tax
We empathise with clients seeking affordable and high quality advice. Meet with us on video. Digital nomads, international artists, cross-border business operators. Find out what you need to know before you go! Will you be working overseas or leaving permanently? Avoid double tax and ensure compliance for peace of mind.
Learn MoreCreative Technology and Blockchain
If your business is operating at the forefront of technology, you need an accountant who is too. We understand the accounting, tax and advisory needs of blockchain, media-tech and creative-tech businesses. Our clients include developers, designers, innovators and arts practices in the digital realm, many now transacting with cryptocurrencies.
Learn MoreCloud Accounting & BAS
Certified Xero and MYOB Partners. We can recommend suitable software, set-up and maintain your accounts online and lodge your BAS. Ask us about Existing System Health Checks and Training. We understand if you want one price for an agreed set of services. With our Service Packages, you can select one of our typical bundles or build your own.
Learn MoreSpecial Professionals
Income averaging can save tens of thousands in tax in the early years. Many creative professionals can average their income over 5 years to access valuable tax rebates in higher income years. We often amend new clients' previous returns because their last accountant wasn’t aware of income averaging or didn't understand their occupation.
Learn MoreBusiness Services
Start-ups and established businesses. We want to make sure your business is inputting the correct information, and that its structure and systems are appropriate. We can guide you through the process, pointing out how your business can be more efficiently run, and help you plan your tax and financial affairs so as to minimise your risks.
Learn MoreLatest Posts
CGT when spouses have different main residences
It can sometimes be the case that spouses can have different main residences at the
Read more
Are overseas sales included in the GST registration threshold?
Must you register for GST when what you sell is GST-free as exported to overseas
Read more
Rental property owners: 10 tax tips to avoid mistakes
Every year we remind our rental property owning clients what they can and cannot claim.
Read more
Claiming CGT exemption for an inherited home
Inheriting a home or a legal interest in one could be the largest windfall gain
Read more
Are you in business or is it a hobby?
Arts businesses are not quite like most businesses. They typically have minimal income or losses
Read more
Resources
At Electra Frost Accounting, we share our wealth of knowledge with our clients and those who have yet to join. Our Information Kits, Tutorials, Checklists and Templates are created to help you stay up date, guide you with bookkeeping and enable you to compile the right records for your tax return. Trying to find a high quality and useful site on the web can often be a time consuming experience. To save you the trouble we have compiled a useful list of web sites that we have found to be valuable sources of information.
