Symmetry Accounting & Tax Pty Ltd.

Symmetry Accounting & Tax Pty Ltd. Highly regarded Perth accountants providing expert taxation, accounting, business advisory and superannuation support.

Quality service, clear advice, and strong compliance - Symmetry Accounting & Tax Pty Ltd.

A desk in the spare room doesn't automatically make your rent tax deductible.If you run a Perth business from home, you ...
07/09/2026

A desk in the spare room doesn't automatically make your rent tax deductible.

If you run a Perth business from home, you may be able to claim eligible running costs. Rent and mortgage interest are a separate question, with stricter requirements.

Before applying a percentage to your household bills, check whether the space genuinely qualifies as business premises and how your business structure affects the claim.

Homeowners should also consider the future sale. Choosing not to claim interest doesn't necessarily remove the capital gains tax implications of business use.

Contact Symmetry Accounting & Tax to check your home office deductions before lodging.

Does your business operate through a family trust? Treasury has put another option on the table.The Government’s propose...
04/09/2026

Does your business operate through a family trust? Treasury has put another option on the table.

The Government’s proposed 30 per cent minimum tax on discretionary trusts is intended to start on 1 July 2028.

Under newly released draft legislation, a discretionary trust already in existence at that date could elect to make fixed distributions to pre-nominated beneficiaries. This may allow the trust to remain in place rather than restructuring to a company or fixed trust.

That option comes with a real cost. The election would materially reduce the flexibility that makes a discretionary trust useful. Beneficiaries could generally only be added or changed following the death of a nominated beneficiary or a family breakdown.

If the trust makes a distribution inconsistent with the election, it would be automatically revoked. Under the draft rules, the trustee would face the highest marginal tax rate plus Medicare levy for that income year, followed by the 30 per cent minimum tax in later years.

The legislation is still in draft and submissions close on 18 September 2026. Perth business owners should avoid restructuring or locking in beneficiary arrangements until the longer-term taxation and commercial consequences have been properly considered.

Contact Symmetry Accounting & Tax Pty Ltd to discuss how the proposed changes could affect your trust and business structure.

General information only. Individual circumstances differ and the proposal may change.

Giving a great employee a piece of the business can be a powerful incentive — but it can also create tax, ownership and ...
24/08/2026

Giving a great employee a piece of the business can be a powerful incentive — but it can also create tax, ownership and exit issues that last well beyond the employment relationship. 📈

An Employee Share Scheme (ESS) and direct equity ownership are not the same thing.

Before offering or accepting shares, ask:

✅ Is the goal to reward an employee or create a genuine co-owner?
✅ What voting and dividend rights come with the interest?
✅ Could tax arise before the shares can be sold?
✅ What happens to vested interests if employment ends?
✅ How will the arrangement affect the company's valuation, accounting and future ownership?

One important update: leaving employment is no longer, by itself, a deferred ESS taxing point for employment ending on or after 1 July 2022.

And if an SMSF is being considered as part of a broader ownership strategy, additional superannuation rules can apply.

A little planning before the paperwork is signed can prevent much bigger problems later.

Symmetry Accounting & Tax Pty Ltd can assist Perth business owners with accounting, taxation and business advisory considerations around business ownership and employee equity.

That old loan sitting on your balance sheet? It might be worth another look. 👀Loans between family members, trusts, comp...
14/08/2026

That old loan sitting on your balance sheet? It might be worth another look. 👀

Loans between family members, trusts, companies and shareholders are common in privately owned businesses.

The problem is that they can sit in the accounts for years without anyone revisiting the original arrangement.

For Perth business owners, it's worth checking:

→ What does the balance actually represent?
→ Is the supporting documentation still available?
→ Have repayments been correctly recorded?
→ Are there Division 7A implications?
→ Does the arrangement need to be reviewed by your lawyer?

An amount appearing in the accounts doesn't necessarily answer every tax or legal question surrounding the loan.

We've put together a practical guide explaining why older family and related-party loans deserve attention.

Read the article, then talk to us if you've got an old loan balance that needs a closer look.

https://www.symmetryconsulting.com.au/post/that-old-loan-in-your-accounts-may-not-be-as-secure-as-you-think

More sales don’t always mean a stronger business. 📈Growth can put pressure on cash flow, your team, customer service and...
09/08/2026

More sales don’t always mean a stronger business. 📈

Growth can put pressure on cash flow, your team, customer service and the systems you rely on every day.

Before expanding, it pays to ask:

✅ Can cash flow support the next stage?
✅ Are your accounting systems giving you the information you need?
✅ Can your team handle additional demand?
✅ Have taxation and business-structure implications been considered?
✅ Do your long-term plans—including any SMSF strategy—still align with where the business is heading?

At Symmetry Accounting & Tax Pty Ltd, we help Perth business owners look beyond turnover and understand the numbers behind sustainable growth.

Our accounting, taxation, SMSF and business advisory services can help you approach your next business decision with greater clarity.

📍 Perth, WA
💬 Planning to expand? Contact our team to discuss your next step.

General information only. Seek professional advice for your individual circumstances.

🚨 Could your everyday business habits be attracting unwanted ATO attention?It's not always major tax issues that trigger...
05/08/2026

🚨 Could your everyday business habits be attracting unwanted ATO attention?

It's not always major tax issues that trigger reviews. Sometimes it's simple things like poor record keeping, using business funds for personal expenses or missing reporting deadlines.

The good news is that many of these risks are preventable with the right accounting systems and professional advice.

At Symmetry Accounting & Tax Pty Ltd, we support Perth businesses with:
✅ Accounting
✅ Taxation
✅ SMSF Services
✅ Business Advisory

Taking a proactive approach today can save significant time, money and stress tomorrow.

📍 Proudly supporting businesses across Perth, WA.
📞 Contact us today on 0420 970 369 to learn how we can help.

Are Family Trusts Still Worth Having? 🤔The recent Federal Budget has left many business owners wondering whether family ...
22/07/2026

Are Family Trusts Still Worth Having? 🤔

The recent Federal Budget has left many business owners wondering whether family trusts are still worthwhile.

The answer isn't always straightforward.

While taxation rules may change, family trusts can still offer valuable benefits including:

✅ Asset protection
✅ Succession planning
✅ Business continuity
✅ Wealth management
✅ Flexible family planning

Before making any changes, it's important to understand how the proposed reforms apply to your unique circumstances.

At Symmetry Accounting & Tax Pty Ltd, we help Perth businesses and families make informed decisions through practical accounting, taxation, SMSF and business advisory services.

📞 Get in touch today to review your business structure.

Could outdated paperwork cost your business valuable tax deductions? ⚠️If your business operates through multiple compan...
14/07/2026

Could outdated paperwork cost your business valuable tax deductions? ⚠️

If your business operates through multiple companies or trusts, your inter-entity service agreements may need attention.

A recent court decision highlighted that expired or poorly documented agreements can make it difficult to support tax deduction claims—even when the business relationship hasn't changed.

Don't assume everything is fine just because business is running as usual.

At Symmetry Accounting & Tax Pty Ltd, we help businesses throughout Perth, WA with:
✅ Accounting
✅ Taxation
✅ SMSF
✅ Business Advisory

We'll review your business structure and documentation to help reduce risk and keep your records up to date.

📞 Get in touch today for peace of mind.

✈️ Moving overseas? Here's one thing you shouldn't leave behind... good tax advice.Many Australians believe their tax ob...
04/07/2026

✈️ Moving overseas? Here's one thing you shouldn't leave behind... good tax advice.

Many Australians believe their tax obligations end as soon as they relocate overseas. In reality, the ATO looks at much more than your physical location when determining your tax residency.

Your family, property, business interests, investments and even your long-term plans could all affect whether you're still considered an Australian tax resident.

If you're planning an overseas move from Perth, WA, now is the perfect time to review your accounting, taxation and SMSF arrangements.

At Symmetry Accounting & Tax Pty Ltd, we're here to help you make informed decisions before you relocate, giving you confidence that your financial affairs are in order.

📞 Contact us today on 0420 970 369 to arrange a consultation.

Proactive or reactive — which one is your accountant?Many business owners believe their accountant is “saving them tax” ...
28/06/2026

Proactive or reactive — which one is your accountant?

Many business owners believe their accountant is “saving them tax” when their tax return is prepared.

But in many cases, the tax return is simply reporting what has already happened.

There is a major difference between tax compliance and tax planning.

A tax return looks backwards.

Tax planning looks ahead.

By the time the financial year has ended, many of the best planning opportunities may already be gone. Superannuation contributions, wages, dividends, asset purchases, trust distributions and other key decisions generally need to be considered before 30 June — not after.

That is why proactive advice matters.

A good accountant should not only tell you how much tax you owe. They should help you understand:

✅ Why your tax result looks the way it does
✅ What your business numbers are telling you
✅ Whether your cash flow is under control
✅ Whether your structure is still appropriate
✅ What decisions should be considered before year-end
✅ How to avoid unnecessary surprises

The goal is not just to lodge a tax return.

The goal is to make better decisions before the numbers are locked in.

For business owners, the best tax outcomes usually come from planning early, reviewing the financial position before year-end and taking action while there is still time.

At Symmetry Accounting & Tax Pty Ltd, we assist business owners with accounting, taxation, tax planning and business advisory services designed to look forward — not just report history.

If you are a business owner and want to take a more proactive approach to your tax and financial position, now is the time to review your numbers.

📍 Perth Accounting | Taxation | Business Advisory
🌐 www.symmetryconsulting.com.au

Address

4/10 Canning Highway
Perth, WA
6151

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