KRISTEN Lovett Accounting Services Pty Ltd (KLAS) delivers a unique accounting experience.
In addition to the traditional services such as tax returns and financial statement preparation, they tailor their services for needs and requirements of the customer.
Business coaching, exclusive investment offerings through private equity affiliates, along with tax strategies to minimise your tax, and wealth creation plans.
KLAS operates outside the box and works to improve each client’s individual situation.
In fact if they don’t have a recommendation that can improve a customer’s position, there is no charge for their time. With a young and energetic team with proven results and a passion for business improvement, they believe their customers can rest easy that their affairs are in great hands.
What is it that clients love about KLAS?
“The truly client centered approach. Even with a couple of hundred km between us, I still feel special. Wouldn’t deal with anyone else.” – Kristy Harris, Occupational Therapist Gold Coast
“Your drive to make every client’s business the best that it can be with your skills and advice.” – Abby Hughes owner The Ivy Room Casino
Kristen Lovett Accounting Services is situated at 253 Rouse Street, Tenterfield. Phone 02 6736 1145.
Tax tips
THIS tax time, KLAS wants to share the latest pointers from the Australian Tax Office, so you get caught out with what has changed this year. There are some changes that may affect you, in particular:
The mature-aged worker tax offset has been removed, which means it cannot be claimed on your 2015 tax return.
You will be only eligible to claim the net medical expenses tax offset if you received it in your 2013/’14 tax assessment. However, if you have out-of-pocket medical expenses related to disability aids, attendant care or aged care, you are still able to claim them.
You can no longer claim the dependent spouse tax offset. If you have claimed the dependent spouse tax offset through a withholding arrangement with your employer, this may result in you having a tax debt this year. You will need to ensure you submit an updated TFN declaration (or withholding declaration) to your employer for 2015-’16 to increase your withholdings.
If you’re planning to complete your own return, make sure to lodge before the 31 October deadline to avoid penalties.
