TCBS Accounting & Advisory

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TCBS Accounting & Advisory We help individuals and businesses gain clarity over their finances. Based in Sydney. Clients across Australia.
📩 Get in touch to review your finances

We keep it simple: helping you understand your numbers, stay compliant and not overpay on tax.

10/10/2026

“I’m actually very organised… my tax return is so simple.” 😌
Also them: hands over receipts from the shoebox, car boot and back pocket 😂
If this feels a little too familiar, we can help turn the chaos into something your accountant can actually work with.
📩 Send us a message before tax time turns into a treasure hunt.

THINK YOUR OVERSEAS INCOME STAYS OVERSEAS? THINK AGAIN. If you’re an Australian tax resident, you generally need to decl...
09/10/2026

THINK YOUR OVERSEAS INCOME STAYS OVERSEAS? THINK AGAIN.

If you’re an Australian tax resident, you generally need to declare your worldwide income in your Australian tax return, even if the money is earned overseas, kept in an overseas bank account or never transferred to Australia. 💰

This can include:
✈️ Overseas salary or employment income
🏠 Foreign rental income
📈 Foreign shares, dividends or investment income
💼 Overseas business income
💵 Interest earned in foreign bank accounts

And here’s the good news: you may not have to pay tax twice. If you’ve already paid tax overseas, you may be entitled to a foreign income tax offset in Australia.

⚠️ The rules can get complicated, particularly if you’ve moved countries, work remotely, or have income and assets in multiple countries.

Not sure what you need to declare? Don’t guess, talk to us before you lodge. 📩

03/10/2026

Still haven’t lodged your tax return? 👀
Engage a registered tax agent before 31 October and you may get extra time to lodge.
Don’t leave the agent part until later. ✅
📩 DM us and we’ll get you sorted.

I can’t afford to pay my tax bill — what are my options? If you’ve received a tax bill and the amount is more than you c...
02/10/2026

I can’t afford to pay my tax bill — what are my options?

If you’ve received a tax bill and the amount is more than you can comfortably pay right now, don’t ignore it.

There may be several options to consider:

✔️ Set up an ATO payment plan — you may be able to pay the debt in instalments rather than all at once. We can help you negotiate a payment arrangement with the ATO and work out what may be manageable for you.

✔️ Review the tax bill — before paying, it can be worth checking that the return is correct and all eligible deductions have been considered.

✔️ Consider bank finance — depending on your circumstances, borrowing from a bank may be another option. Interest on money borrowed for a business or income-producing purpose may be tax deductible, whereas ATO general interest charges are generally not deductible.

✔️ Plan your cash flow — especially for business owners, we can help you look at upcoming BAS, PAYG instalments and other obligations so you’re not facing another unexpected bill.

💡 The important thing is not to panic — and not to ignore the debt.

Sometimes the best solution is a payment plan. Sometimes it may make sense to look at other finance options. It depends on your individual circumstances.

Need help? We can help you review the numbers and negotiate a payment plan with the ATO.

26/09/2026

Sold an investment property last financial year? 👀
Your new favourite topic might be capital gains tax.
The key things to know: the contract date matters, you’re taxed on the capital gain - not the full sale price, and capital losses can generally be carried forward to offset future gains.

CGT can get messy fast once cost base, selling costs and other income come into the picture.

📩 Sold a property? Don’t guess it — send us a message before you lodge.

Sold an investment property last financial year? Here's what happens at tax time 👇 If you sold an investment property in...
24/09/2026

Sold an investment property last financial year? Here's what happens at tax time 👇

If you sold an investment property in 2025–26, capital gains tax (CGT) is coming into play and it's worth understanding before you lodge.

📅 Timing matters. The CGT event is triggered on the date you signed the contract of sale - not settlement. So even if settlement rolled into July, the gain (or loss) belongs to the year you signed.

💰 How it's taxed. Your capital gain gets added to your other taxable income for that year and taxed at your marginal rate - it's not a separate tax, just part of your normal income tax.

🎉 The 50% discount. If you (as an individual) owned the property for 12 months or more, you can generally halve the taxable portion of the gain before it's added to your income. Held it for less than 12 months? No discount applies.

📉 Made a loss instead? You can't deduct a capital loss from your regular income, but you can use it to offset a capital gain - either this year or carried forward to a future one.

🔮 Worth knowing: the government has announced CGT changes from 1 July 2027 onwards, but they don't affect anything sold in 2025–26 - you're working under the current rules.

Selling triggers more moving parts than people expect (cost base, holding costs, past depreciation claimed) - worth getting it checked properly rather than guessing.

Sold a property last year and not sure where you stand? Send us a message and we'll walk you through it.

19/09/2026

level 1: lodges your BAS. level 2: gives you structure advice. level 3: actually in the business with you, helping you hit your goals. which one do you have? 👇

Missed a super payment? Here’s what actually happens now 👀 A quick heads up for employers — including those paying thems...
17/09/2026

Missed a super payment? Here’s what actually happens now 👀

A quick heads up for employers — including those paying themselves through their company. From FY2027, Payday Super means super is no longer a quarterly “catch-up” job.

💸 Super is due every payday
Contributions need to reach your employee’s fund within 7 business days of paying wages.

⚠️ Miss it? You may be liable for the Super Guarantee Charge (SGC)
Paying the super late doesn’t automatically fix it — an SGC statement may still need to be lodged with the ATO.

📈 Late payment penalties can apply too
That can mean 25% of the outstanding amount, increasing to 50% in some repeat cases.

🚨 And it can add up quickly
Because missed super is assessed by pay run, repeated delays can mean more SGC, interest, fees and penalties.

The good news? Businesses that act quickly, correct mistakes and make a genuine effort to comply are in a much better position than those who leave it until it snowballs.

Not sure if you’ve missed a payment? Sort it before the ATO sorts it for you. We can help you check what happened and what needs to be done next.

📞 0451 452 245 | 📩 [email protected] | 🌐 tcbs.net.au

11/09/2026

“Can I claim it back?” - famous last words at tax time 😂
A deduction can help but it doesn’t make the purchase free.
Before spending money just for the tax claim, make sure it actually makes sense for your business.
📩 Not sure what you can claim? Talk to us.

If your business system is basically email + shoebox + hope… it’s probably time for an upgrade. 😅 Your business might be...
10/09/2026

If your business system is basically email + shoebox + hope… it’s probably time for an upgrade. 😅

Your business might be running, but if you’re:

📩 Searching through 4,000 emails for an invoice
📱 Sending receipts to yourself so you don’t lose them
📦 Keeping paperwork in a shoebox
📝 Storing important information in your head
💻 Using multiple systems that don’t talk to each other
🤞 Hoping your accountant can somehow make sense of it all…

…you’re making things harder than they need to be.

Welcome to modern accounting. 🚀

At TCBS Accounting & Advisory, we’re not just here to lodge your tax return and tell you what you owe. We help you move away from:

❌ Paperwork
❌ Shoeboxes
❌ Endless email chains
❌ Manual processes
❌ Double handling
❌ “Where did I save that?”

…and towards:

✅ Cloud-based systems
✅ Digital document management
✅ Automation
✅ Better bookkeeping workflows
✅ Connected accounting software
✅ Clearer financial information
✅ Systems that actually make your life easier

Because the goal isn’t just to have your accounts “done”.

It’s to build a business that is organised, efficient and ready for what’s next.

We look at what isn’t working and help implement better systems, technology and processes — so you spend less time on admin and more time running your business.

You shouldn’t be spending Sunday night searching for a receipt from 14 months ago. 😅

📲 If your current system is email + shoebox + hope, let’s talk.

Address

Suite 5, 6B Betty Cuthbert Avenue
Rydalmere, NSW
2115

Opening Hours

Monday 8:30am - 6pm
Tuesday 8:30am - 6pm
Wednesday 8:30am - 6pm
Thursday 8:30am - 6pm
Friday 8:30am - 6pm
Saturday 8:30am - 2:30pm

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