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Suite 501, Level 5,
7 Secant Street,
Liverpool NSW 2170

Call Us Today On (02) 9600 7760

An Experienced Team of

Chartered Accountants In Sydney

Qualified and Trusted Accountants

Accounting Firm in Sydney

A Quality Accounting Firm in Sydney Specialising in Businesses

At Silver & Young we offer comprehensive range of financial services for your personal and business needs. Our purpose is to create the best practice strategies and help you achieve financial goals within your organization. 

By providing you with optimal solution, we aim to help ease the burden of compliance, saving your precious time and money so you can invest back into growing your business.

Find out how we can help you and your business by contacting our office on (02) 9600 7760. We look forward to working with you!

LATEST TAX TIPS

SME Recovery Loan Scheme Extended to 30 June 2022

As the Coronavirus pandemic continues to pose new challenges, the government’s financial assistance continues to expand. One of the government’s economic responses is the SME Recovery Loan Scheme (the Scheme) which was intended to aid in the recovery of the economy and provide ongoing assistance to SMEs dealing with the economic consequences of the coronavirus outbreak.

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LATEST TAX TIPS

NSW Omicron Support Grant – Now OPEN

NSW Government has released its 2022 Small Business Support Program to support businesses that have been impacted by the recent Omicron wave of Covid-19.

Business owners are encouraged to apply themselves via the Service NSW Website – https://www.service.nsw.gov.au/transaction/apply-2022-small-business-support-program

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LATEST TAX TIPS

Expansion of Single Touch Payroll

All employers in Australia will be required to report wage information under Single Touch Payroll (STP) rules, commencing 1 July 2019. STP previously only applied to larger employers of 20 or more, but this has now been expanded to all employers and includes owner’s wages. Sole traders with no employees would not be required to report.

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LATEST TAX TIPS

The ATO’s Company Money Crackdown

The ATO is cracking down on business owners who take money or use company resources for themselves.

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LATEST TAX TIPS

It wasn’t me: the tax fraud scam

In what is rapidly becoming the most common tax scam, myGov accounts are being accessed for their rich source of personal data, bank accounts changed, and personal data used to generate up to hundreds of thousands in fraudulent refunds.

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LATEST TAX TIPS

Property and ‘lifestyle’ assets in the spotlight

Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up.

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