As tax time nears, your Accountant will already have a solid understanding of your financial situation and can provide you with tailored tax advice to make the most of your money. As your circumstances change, your Accountant can offer advice and suggestions to help you maximise your finances and ensure you get back what you are entitled to.
Save time
Your Accountant can process your tax return within the hour – and if you don’t have time to chat with an Accountant, you can arrange your Return to be completed via email while you relax and do something you enjoy.
Reduce stress
When you lodge your Return yourself, the responsibility falls squarely on your shoulders. As Accountants work in this area daily they have a comprehensive understanding of the tax legislation. Choosing to lodge through an Accountant allows you to rest easy knowing your Return has been accurately prepared.
Extended deadlines
If you lodge your tax return yourself, the usual deadline is October 31st. If your Accountant lodges your tax return, the lodgement due date is extended to May the following year.
Less complex
One thing’s for sure, all tax returns are unique. If you’ve got several jobs, earn additional income through the share market, run a business, own rental property or juggle an investment portfolio, using an Accountant can remove the complexity and help ensure you maximise your entitlements.
Extra savings
Your Accountant may also be able to let you in on some extra tips to reduce your taxable income before the end of the financial year, such as Salary Packaging, making extra contributions to your partner’s superannuation, see your eligibility for government superannuation co-contributions.
Have you seen us around your Hospital?
TAX TIME FAQs
To take the guess work our of lodging your Tax Return we have put together a series of frequently asked questions to help you navigate your requirements and opportunities for the maximum return this financial year.
Do I have to lodge a Tax Return?
Yes, even if you haven’t earned any income you will need to lodge a NIL return or a ‘Return Not Necessary’ with the ATO.
If someone passes away, the Executor of the Estate will need to lodge a ‘final return’.
No lodgement is required if you have previously lodged a ‘final return’ and aren’t receiving any form of income.
Can you prepare multiple years returns at the same time?
Yes, be sure to keep all receipts safe and easy to find. Penalty interest may be applicable if you have outstanding debts or lodgements, or you may be eligible for a tax refund.
Can I claim any deductions if I have no receipts?
Yes, if you don’t have any proof of payment you can claim up to $300 worth of deductions.
If you don’t have receipts, you will need to have access to the following should the ATO ever audit you.
• Documentation that includes the name of the supplier, amount of the expense, what the goods or services are, date the expense was incurred for example:
Bank & credit card statements
BPAY reference numbers
Email receipts
PAYG payment summary
Paper or electronic copies of original documents Scan code to view
THE CLAIM GAME
Things you CAN and CAN’T claim at tax time
You can claim the cost of using a car you own when you drive:
between separate jobs on the same day for example, from your first job as a personal care assistant to your second job as a disability support worker
to and from an alternate workplace for the same employer on the same day – for example, directly between clients' homes.
You can claim the work-related portion of other expenses that relate to your employment, including:
phone and internet costs, with records showing your work-related usage
expenses you incur working from home that are not incidental (for example, you can't claim the cost of checking your roster or payslip)
logbooks, diaries and pens that you use for work
union and professional association fees
seminars, conferences and courses that directly relate to your work.
You can’t claim private expenses, such as:
fitness expenses, for example gym fees
parking at your normal place of work or public transport, taxis or ride share expenses from home to work, even if you work split shifts or unusual hours
flu and other vaccinations, even if you’re required to have them for work
pay tv, music subscriptions and streaming services.
You can’t claim the cost of normal trips between home and work, even if you live a long way from your usual workplace or have to work outside normal business hours – for example, weekend or early morning shifts.
*You can’t claim any of the above if the expense was reimbursed by your employer or paid for as part of a Salary Packaging
Scan code to book an appointment with one of our accountants today!
EMPLOYEE BENEFITS PROGRAM
Book a FREE Online Information Session
Do you want to create a supportive environment for your staff?
FAA’s Employee Benefit Program can help your staff reach their financial goals and help you improve staff satisfaction and retention. The program involves one of our representatives visiting your work site, or hosting a virtual session, to explain our services for financial growth.
Ways which we can help you and your staff:
Financial Advice
Personal Accounting & Tax Returns
Personal Insurance
Property Investing
Wills and EPOA’s
Superannuation Review
Self-Managed Super Funds
Home Loans
Salary Packaging Benefits
Retirement Planning
Contact FAA Group today to further discuss how we can help assist your staff improve their financial position and set themselves up for a comfortable and stress free retirement. Organise an online information session or book a visit to your business. All initial one-on-one consultations are completely FREE of charge. Email ebp@faa.net.au or scan the code below.
your staff, today!
session-request Scan code to enquire about our sessions
FAA OUT IN THE COMMUNITY - APRIL 2024
GC Health Financial Wellbeing Roadshow
SCUH - National Administration Day
We were proud to support National Administration Day at our Sunshine Coast University Hospital office to appreciate the hard work and dedication from all administration staff across the Sunshine Coast Hospital Health Services. We also provided cupcakes for everyone!
CREATE THE FUTURE YOU WANT
At FAA Group, your retirement goals are taken personally. Our dedicated consultants and advisers engage in one-on-one conversations to truly understand your aspirations and circumstances.
This deep level of understanding enables us to craft a tailored financial strategy that not only aims to secure your future but also brings peace of mind to you now.
We understand that retirement is not just a goal, it's a significant chapter of your life. We want to help ensure that you can still live the way that you want after retirement with the constant increase in cost of living.
We are committed to being your trusted guide, ensuring that every step you take is informed and in your best interest. Start your journey with us today, and experience the difference personalised, expert advice can make in achieving the retirement you deserve.
Scan the code to start planning for a retirement that you will look forward to, or visit:
Visit www.faa.net.au/services/retirement
IMPROVE YOUR FINANCIAL POSITION
Book a FREE Financial Health Check
Curious about your current financial position? Are you worried that you may not have enough to fund the retirement that you want? Contact FAA for a free review of your current financial position and ensure that you are on the path for a comfortable retirement.
Register for a free 60-minute Financial Health Check to explore what your options are:
• Can you purchase a home or investment property?
• Should you put more money into Super?
• What could you do with your savings?
• Do you have the correct personal insurance?
We can also help you by:
• Reviewing your Will and EPOA
• Looking at ways to pay less tax
• Reviewing your Superannuation performance
INVESTINGArticle IN PROPERTY
Investing in property can offer significant financial benefits and long-term wealth growth opportunities. As the real estate market remains resilient and poised for growth, property investment is a solid option for securing a comfortable retirement.
Advantages of Property Investment
• Stable Income Stream: Rental properties provide steady income, helping cover mortgage payments and other expenses.
• Capital Growth: Property values tend to appreciate over time, offering substantial capital gains.
• Tax Benefits: Investors can claim tax deductions on loan interest, property management fees, and asset depreciation.
Things to consider when looking at property investing
• Growing Demand: Population growth and urbanisation drive demand for residential and commercial properties in major cities.
• Government Incentives: Grants and tax benefits for first-time investors reduce entry costs and enhance returns.
• Market Research: Identify the best locations and property types that align with your investment goals.
• Financial Planning: Develop a clear financial plan, accounting for all costs, including maintenance and potential vacancies.
• Risk Management: Diversify investments and consider risks such as market fluctuations and economic conditions.
Investing in property can grow your wealth and secure your retirement. Contact us today to explore if property investment is right for you.
FAA Group can assess your financial position and explain your current investment options. Whether that be through the use of a Self Managed Super Fund, or funding your own deposit.
The team here at FAA can facilitate the entire process, from securing finances right up to managing your property ensuring you get the best return on your investment.
FAA Property’s wholesale team source new house and land packages, liaise with builders and work to secure a price that will create wealth for your future. The team work tirelessly to collate and present a range of options, with a breakdown of growth rates, that fit within your budget and suit your needs , The team oversee the build and keeping you in the loop every step of the way.
Begin your investment journey or increase your property portfolio, speak with a consultant today to see how we can help you secure a comfortable retirement through property.
enquiry@faa.net.au
One-Pot Italian Chicken Pasta
5 minute meal at less than $5 a plate*
Prep Time: 5 min | Cooking time: 24 min | Serves 4
Ingredients
• 1 tbsp olive oil
• 500g chicken thigh fillets, chopped into 3cm pieces
• 400g spirals pasta
• 1L Chicken Stock (unsalted)
• 290g jar sun-dried tomato pesto
• 125ml (½ cup) thickened cream
• Chopped fresh continental parsley leaves, to serve (optional)
Method
Step 1
Heat the oil in a large deep frying pan over high heat. Cook chicken, stirring occasionally, for 5 minutes or until browned all over. Stir in pasta, stock, 225g (3/4 cup) pesto and 125ml (1/2 cup) water, then bring to a simmer. Season well.
Step 2
Reduce heat to medium, cover pan and simmer, stirring occasionally, for 12-15 minutes or until pasta is al dente.
Step 3
Add 80ml (1/3 cup) cream to the pan and cook, stirring, for 1 minute or until heated through. Serve pasta topped with remaining pesto, drizzled with remaining cream and sprinkled with parsley, to taste.
Did you make these recipes?
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Slow-cooker Chicken Cacciatore
Easy, Budget-Friendly, and Loaded with Veggies!
Prep Time: 15 min | Cooking time: 8hr 20 min | Serves 6
Ingredients
• 2 tbsp extra virgin olive oil
• 1 brown onion, chopped
• 12 skinless chicken thigh cutlets
• 2 celery stalks, diced
• 2 carrots, diced
• 3 garlic cloves, finely chopped
• 700g btl tomato passata
• 1/2 cup chicken stock
• 1 tsp dried oregano
• 2 tsp caster sugar
• 500g cup mushrooms, sliced
• 1/3 cup Kalamata Olives (pitted)
• 200g steamed green beans and crusty bread, to serve
Method
Step 1
Heat 1 tbs oil in a large frying pan over medium heat. Add onion. Cook, stirring, for 5 minutes or until softened. Transfer to slow cooker.
Step 2
Heat remaining 1 tbs oil in the pan over medium-high heat. Cook chicken, in batches, for 2 minutes each side or until just browned all over. Add to slow cooker.
Step 3
Add celery, carrot, garlic, passata, stock, oregano and sugar to slow cooker. Stir to combine. Cover. Cook on high for 4 hours (or low for 8 hours), adding mushroom in the last 30 minutes of cooking. Season.
Step 4
Add olives to the remaining chicken mixture. Stir to combine. Serve cacciatore with beans and crusty bread.
FAACTIVITY PAGE
Balance Quest
Enter either a positive or negative number into each “blank” rectangular box so that:
1. The value in each white box equals the sum of its adjoining half-height boxes.
2. The shaded boxes must include numbers between -16 to 16
3. No duplicate numbers may exist among the white boxes, or among the shaded boxes, but duplicate numbers may exist between the white and shaded boxes.
Sudoku
Symbol Math Puzzle
Can you solve this State of Origin puzzle to reveal the value of the following items:
Subaddo Pyramid
Each orange triangle connects a set of three numbers. Two numbers must add or subtract to equal the third. All numbers must be between 1 and 12 and no number can be repeated in a horizontal row.
OUR HAPPY CLIENTS
Very happy clients driving away in their new car with a Novated Lease
I cannot express how impressed i am with the service I received with a special mention to Georgia Bales. Georgia went out of her way to help me get the car I wanted, she was so informative and friendly every step of the way.
The Excelsior Program has been great. I have really valued the way all our needs have been well managed and the advice has been communicated clearly and comprehensively.
Meredith - BRISBANE, QLD (FAA Consulting)
Ryan was extremely professional, most polite and very thorough. He was most pleasant and nothing appeared to be too much trouble for him. It was a great experience and I look forward to consulting with him in future.
Gavin - BRISBANE (Tax & Accounting)
We value your opinion & would love to hear feedback about the experience you had with our team. Scan the code to leave us some feedback on our Client Satisfaction Survey.
LOOKING FOR A CAREER CHANGE?
We understand and appreciate that our ability to help people is because of the amazing and dedicated team we have. Here at FAA we host monthly team development days where all staff have the afternoon off to share a BBQ lunch and build relationships through a variety of activities that challenge us, allows us to work as a team, or just enjoy the afternoon together taking part in something new.
If you are interested in a future in finance, working together to help people all over Australia to reach their financial goals, then our FAAmily may be the home for you.
Opportunities at FAA Group
If you have a love for helping people, a desire to learn, with good math & communication skills, then we are looking for you!
We offer on the job;
Mentoring
Training
Personal Development
Career Growth
Achievement recognition
Employee Benefit Program (including Salary Packaging)
There are several full-time positions available, send cover letter & resume to hr@faa.net.au
FAA Property Management
Our service model is to provide a premium real estate
Our Premium Property Management services include:
• Tenant cross-checking
• Routine property inspections
• Comprehensive reporting
• Rent collection
• Managing all utility bills
• Managing maintenance request
• 24/7 property portal access
• And a friendly, approachable team
Peace of mind knowing that we look after your property like it’s our own, so you don’t have to worry about a thing!
FAA Property Management Offer
Interested in a Premium Property Management service?
Speak with FAA Property today!
Experience the different of Premium Property
What our clients have to say...
3 MONTHS
SWITCH TO US TODAY FOR PROPERTY MANAGEMENT FEES AT NO COST
Thank you for your amazing communication skills, negotiating between our tenants and ourselves. It is a great feeling that this property and our investment is in good hands.
Kim SUNSHINE COAST, QLD
I also wish to thank the FAA team for efficiently looking after my property. I do not acknowledge you people enough. Thankyou!
David SUNSHINE COAST, QLD
SCAN CODE TO LEARN MORE OR TO MAKE THE SWITCH TODAY!
Rental listings
A word from our tenants...
Kayla from FAA has been a pleasure to work with, incredibly understanding and very quick to respond. All of the staff are incredibly friendly and helpful. We have loved having FAA property as our real estate.
Jaymee - SUNSHINECOAST, QLD
Rental listings
A word from our tenants...
Thanks for all your assistance and support you have provided during our tenancy. You have always been extremely professional and courteous, providing a high level of service and creating a positive reputation for FAA Property.
Dan - SUNSHINECOAST, QLD (former tenant)
FAA Property
FOR SALE
26 Laurina Way,
Peregian Springs QLD 4573
4 Bed | 2 Bath | 2 Car
Situated in the sought-after tranquil suburb of Peregian Springs, this home is just moments away from stunning Coolum Beach, perfect for enjoying the vibrant coastal lifestyle. Currently tenanted for $750/wk to Nov 2025 .
• Spacious open plan living areas
• Master bedroom; air-con, ceiling fan, walk-in robe, ensuite
• 3 additional bedrooms; ceiling fans and built-in wardrobes
• Media room and separate living area with outdoor access
• Modern kitchen with gas cooktop
• Main bathroom and separate toilet
• Dedicated laundry with outdoor access
• Covered outdoor patio
• Double lock-up garage with back yard access
4 Bed | 2 Bath | 2 Car
Located just moments away from Jimboomba Town Centre and Emmaus College, this prime location offers effortless access to the Mount Lindesay Highway, ensuring a swift commute to both Brisbane CBD (45 minutes) and the Gold Coast (55 minutes). Discover the charm of this residence and make it your own today.
Currently tenanted for $560/wk to Feb 2025
• Air-conditioned open plan living
• Modern kitchen with breakfast bar
• Abundance of natural light
• Covered alfresco & fully fenced back yard
• Double lockup garage
• Timber bedroom floors
• Perfect Sunshine Coast location
FAA Property
3 Martinique Court, Parrearra QLD 4575
3 Bed | 2 Bath | 1 Car
Surrounded by the Mooloolah River in the prestigious Parrearra location, in one of the Sunshine Coast's most sought-after suburbs, this property is centrally located and offers easy access to all the entire region’s amenities and attractions. This magical 3-bedroom house’s position creates a sense of isolation while remaining connected to everything the coast has to offer.
• Open-plan living/dining
• Abundance of natural light
• All bedrooms air-conditioned
• Dedicated laundry with outdoor access
• Beautifully maintained lawn
3 Brickfield Cres, Southside QLD 45703
Bed | 1 Bath | 3 Car
Built in 2022 this property features air-conditioned open plan living, modern kitchen with stone benchtops, soft closing doors and large gas oven and cooktop. The air-conditioned master bedroom at the front of the house has a large walk-in wardrobe and ensuite. The rest of the bedrooms towards the rear of the property have ceiling fans and built in wardrobes. Both the dedicated laundry and double lockup garage have access to the back yard where you will find a garden shed.
• Open plan living
• Separate living room
• Stone bench tops soft-close drawers in kitchen
• Air-conditioned master bedroom and living room
• Ceiling fans throughout, including alfresco area
• Modern kitchen equipped with gas oven/cooktop
• Double lockup garage and garden shed
• Full Colourbond fencing
• Currently tenanted at $625 per week
Determine how well your finances are doing and what you need to work on to reach your financial goals. FAA can help you every step of the way towards a comfortable retirement.
Scan the QR code to take the quiz or register for your FREE 60 minute Financial Health Check.
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Maroochydore (Head Office): Suite 3-7, Level 5, Tower 2, 55 Plaza Pde, Maroochydore, QLD, 4558 Sunshine Coast University Hospital: Ground Floor, 6 Doherty St, Birtinya QLD 4575 Gympie Office: Ground Floor 2 Mellor St Gympie, QLD, 4570
