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Hills Accounting Hills Accounting's unwavering dedication to quality and customer satisfaction has led to the steady..

Welcome to Hills Accounting - Hobart

Time: March 1998
Place: Hobart, Tasmania

John and Kathy Hills have just embarked on a new and exciting venture. Fuelled by expertise and drive they have seized the opportunity to launch an accounting practice designed to make them highly respected, friendly and professional accountants in Hobart. They visit banks and small businesses around Moonah and then widen the target market to areas where there are no accountants such as New Norfolk. The next idea is talking to Cliffords at Incat - they set up a desk (from Gowans Auctions) down in the café on the waterfront and also in the cafeteria within Incat and do tax returns in Incat’s lunch hour for employees! It was tough but it worked.

25 Years on, the Hills Accounting team is comprised of fully qualified accountants, some boasting prestigious Masters of Accounting degrees. This powerhouse of talent ensures that their clients can rest easy, knowing their financial affairs are in the hands of true experts. Hills Accounting's unwavering dedication to quality and customer satisfaction has led to the steady growth of an exceptional client base in Hobart, that has grown out to include Tasmania, Australia and overseas clients. By combining their warm, friendly approach with the highest levels of professionalism and expertise, John, Kathy, and their team have established a unique and thriving accounting practice that truly stands out from the crowd.

💰 CASH FLOW – IS YOUR BUSINESS MONEY WORKING FOR YOU?You can have a profitable business on paper and still find yourself...
22/10/2026

💰 CASH FLOW – IS YOUR BUSINESS MONEY WORKING FOR YOU?

You can have a profitable business on paper and still find yourself struggling to pay the bills!

That's because profit and cash flow aren't the same thing.

Cash flow is all about the money coming into your business and the money going out. And when the timing of those two things doesn't match, even a successful business can find itself in financial difficulty.

📊 How can your accountant help?

At Hills Accounting, we can help small business owners understand their cash flow, identify potential shortfalls, and plan ahead for upcoming expenses.

Whether it's managing outstanding invoices, budgeting for tax obligations, or preparing cash flow forecasts, having a clearer picture of your finances can help you make better business decisions.

💡 Remember: A healthy bank balance today doesn't necessarily mean there won't be a cash flow problem tomorrow!

If you're running a small business in Hobart, understanding where your money is going is a pretty good place to start.

📚 More business and tax tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

📂 OVERDUE TAX RETURNS? YOU MIGHT BE IN FOR A SURPRISE!Have you got tax returns from previous years that you've never lod...
20/10/2026

📂 OVERDUE TAX RETURNS? YOU MIGHT BE IN FOR A SURPRISE!

Have you got tax returns from previous years that you've never lodged? Or perhaps you've lodged everything but now suspect you missed some deductions?

You're certainly not alone!

💰 Here's something worth knowing: Having overdue tax returns doesn't automatically mean you owe the ATO money. Depending on your circumstances, you could actually be entitled to a refund.

And if you've already lodged but overlooked legitimate deductions, you may still be able to amend your return — although time limits apply.

In our latest article, we explain:

✅ How to deal with tax returns from previous years
✅ Why an overdue return doesn't always mean a tax debt
✅ What happens if you've missed claiming deductions
✅ The ATO's amendment time limits
✅ How to get your tax affairs back on track

📖 Read the full article here:
https://hillsaccounting.com.au/old-tax-returns/

Whether you're one year behind or several, getting things sorted could be easier than you think.

📚 More business and tax tips and articles:
https://hillsaccounting.com.au/old-tax-returns/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

🏛️ NEED TO TALK TO THE TAX OFFICE? YOU DON'T HAVE TO GO IT ALONE!Dealing with the Australian Taxation Office (ATO) can s...
18/10/2026

🏛️ NEED TO TALK TO THE TAX OFFICE? YOU DON'T HAVE TO GO IT ALONE!

Dealing with the Australian Taxation Office (ATO) can sometimes feel a little overwhelming, particularly when you're unsure what they're asking for or how you should respond.

Whether it's a question about your tax return, an outstanding tax debt, a request for additional information, or a matter that needs sorting out, having someone who understands the system on your side can make a real difference.

💡 That's where Hills Accounting can help!

Our experienced team can explain what the ATO is asking, help you understand your obligations, and, where authorised, communicate with the Tax Office on your behalf.

Because sometimes, the most reassuring thing is knowing you've got someone in your corner who speaks the ATO's language! 😊

📚 More business and tax tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

📅 DID YOU KNOW YOU CAN REVIEW YOUR TAX RETURNS FROM PREVIOUS YEARS?Have you ever looked back at an old tax return and wo...
15/10/2026

📅 DID YOU KNOW YOU CAN REVIEW YOUR TAX RETURNS FROM PREVIOUS YEARS?

Have you ever looked back at an old tax return and wondered whether you claimed everything you were entitled to?

Perhaps you overlooked a work-related expense, forgot about an eligible deduction, or discovered something that wasn't quite right.

💡 The good news is that you may be able to amend a previously lodged tax return, provided it falls within the Australian Taxation Office's applicable amendment time limits.

At Hills Accounting, we can help you review your previous returns, identify possible errors or omissions, and determine whether an amendment is appropriate.

After all, there's no point paying more tax than you legally need to!

📚 More business and tax tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

🏡 OWN A RENTAL PROPERTY IN HOBART?Are You Claiming Everything You Should?Owning an investment property can be rewarding,...
13/10/2026

🏡 OWN A RENTAL PROPERTY IN HOBART?

Are You Claiming Everything You Should?

Owning an investment property can be rewarding, but when tax time arrives, are you confident you're claiming all the deductions you're entitled to?

From property management fees and insurance to repairs, maintenance and loan interest, there are several expenses that may be deductible.

But there's a catch! Not every expense is treated the same way, and getting the details wrong could mean missing legitimate deductions or claiming something you shouldn't.

📋 In our latest Hills Insights article, we look at:

✅ Common rental property tax deductions

✅ The difference between repairs and improvements

✅ Why good record-keeping matters

✅ How circumstances can affect your tax return

At Hills Accounting, we help Hobart rental property owners understand their annual tax obligations and prepare their tax returns with confidence.

📖 Read the full article here:
https://hillsaccounting.com.au/rental-property-tax-returns-hobart/

📍 Hills Accounting | Hobart, Tasmania

🌐 More helpful articles and updates:
https://hillsaccounting.com.au/hills-insights/

💰 Do you know the difference between a tax deduction and a tax offset?It’s an important distinction. A tax deduction gen...
11/10/2026

💰 Do you know the difference between a tax deduction and a tax offset?

It’s an important distinction. A tax deduction generally reduces the amount of income you’re taxed on, while a tax offset can directly reduce the amount of tax you have to pay.

Depending on your circumstances, you may be eligible for one or more tax offsets — and some can make a worthwhile difference to your final tax position.

🧾 The rules and eligibility requirements vary, so it pays to make sure you’re receiving any offsets you’re legitimately entitled to rather than simply assuming they’ll take care of themselves.

If you’re unsure whether tax offsets could apply to you, talk to the team at Hills Accounting.

📚 More business and tax tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

👷 Are you claiming all the work-related deductions you’re entitled to?Depending on your occupation, you may be able to c...
08/10/2026

👷 Are you claiming all the work-related deductions you’re entitled to?

Depending on your occupation, you may be able to claim deductions for certain work-related expenses — but the important words are “within ATO guidelines.”

Work clothing and uniforms, protective equipment, tools, travel and other expenses may be deductible in some circumstances, provided they meet the relevant rules and you have the records required to support your claim.

🧾 It’s not about trying to claim everything. It’s about making sure you’re not overlooking legitimate deductions while keeping your tax return firmly on the right side of the ATO.

If you’re unsure what you can claim, talk to the team at Hills Accounting before lodging your return.

📚 More business and tax tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

📈 INTEREST RATES ARE UP AGAIN – WHAT DOES IT MEAN FOR YOU?The Reserve Bank has increased the cash rate again, taking it ...
06/10/2026

📈 INTEREST RATES ARE UP AGAIN – WHAT DOES IT MEAN FOR YOU?

The Reserve Bank has increased the cash rate again, taking it to 4.60%.

For homeowners, that can mean another increase in mortgage repayments.

For small businesses, higher borrowing costs can put additional pressure on cash flow – while customers with less disposable income may also start watching their spending more carefully.

And here in Tasmania, where average earnings remain below the national average, those additional costs can potentially be felt even more.

In our latest Hills Insights article, we look at:

🏠 What the latest increase could mean for homeowners
🏢 How higher rates can affect small businesses
📊 Why Tasmania may feel the squeeze differently
💰 What businesses and individuals should be reviewing now

👉 Read the full article:
https://hillsaccounting.com.au/interest-rates-are-up-again/

Hills Accounting
72 Derwent Park Road, Moonah TAS
📞 (03) 6273 7800
✉️ [email protected]
https://hillsaccounting.com.au/insights/

📦 Is too much of your money sitting on the shelf?For businesses that carry stock, good inventory management can make a s...
04/10/2026

📦 Is too much of your money sitting on the shelf?

For businesses that carry stock, good inventory management can make a significant difference to cash flow and profitability.

Too much stock can tie up money that could be used elsewhere in the business. Too little can mean missed sales, unhappy customers and rushed orders to replenish supplies.

The trick is finding the balance — understanding what sells, how quickly it moves and how much stock you realistically need to keep on hand.

📊 Your accountant can help you analyse the numbers behind your inventory and see how stock levels are affecting your cash flow and overall business performance.

If you’d like a clearer picture of what your inventory is really costing your business, talk to the team at Hills Accounting.

📚 More business tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

💵 Do you have a budget — or are you just hoping the numbers work out at the end of the month?A good business budget isn’...
02/10/2026

💵 Do you have a budget — or are you just hoping the numbers work out at the end of the month?

A good business budget isn’t about restricting what you can spend. It’s about knowing what’s coming in, what’s going out and what you can realistically afford to do next.

Regular budgeting can help you prepare for upcoming expenses, manage cash flow, identify areas where costs are creeping up and make better decisions about investing in your business.

📊 Your accountant can help you build a realistic budget based on your actual business figures — and review it with you as circumstances change.

If you’d like more control over where your business money is going, talk to the team at Hills Accounting.

📚 More business tips and articles:
https://hillsaccounting.com.au/insights/

📞 03 6273 7800
📍 72 Derwent Park Road, Moonah TAS 7009
✉️ [email protected]

Address

72 Derwent Park Road, Moonah
Hobart, TAS
7009

Telephone

+61362737800

Website

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