HVT Accounting

Officially become Professional Member of Vietnam-Australia Scholars & Experts Association (VASEA) is an Australian-based Not-For-Profit (NFP) Organisation registered with the Australian Securities and Investments Commission (ASIC).

VASEA has been established to build collaboration and cooperation between Australia and Vietnam for the benefits and prosperity of both nations. VASEA is a forum for Scholars and Experts of Vietnamese heritage living and working in Australia to exchange knowledge, expertise and experience to contribute prosperity and well-being of both Australia and Vietnam.

HVT Accounting – Your Trusted Partner in Business Growth

Over the years, HVT Accounting has had the privilege of supporting many businesses from their earliest steps—such as company registration and organizational structuring—to standing side by side with clients throughout the business visa process, many of whom have successfully obtained permanent residency (PR).

In addition, we've helped clients with services like drafting loan agreements, preparing business plans for leasing commercial spaces, and more. Witnessing the joy and satisfaction of our clients as their goals are achieved has been our greatest reward.

With that achievement, HVT Accounting is proud to expand and promote a wider range of business support services. Our mission is to continue being a reliable companion on your journey to success.

📞 Contact Hong Jackson at 0423 288 801 for a free consultation and start your business journey with confidence!

✅ Another Win for My Client!

I’m thrilled to share that my client company reinstatement and ABN reactivation are successfully done.

After facing unexpected deregistration, my client was unsure where to turn. But with the right steps, clear communication, and persistence, the client has been guided through the entire process — from lodging with ASIC to bringing the business back to life on the ABR. 💼🔁

💡 Whether it’s due to missed deadlines, unintentional closure, or administrative error — reinstating a company is possible, and I’m here to help every step of the way.

If you or someone you know needs support with:
🔹 Reinstatement of a deregistered company
🔹 Reactivation of a cancelled ABN
🔹 Business compliance and paperwork

📩 Send me a message — let’s get your business back on track!

Business owners should consider carefully what they can claim for tax deductions - of course - business related expenses.

NTAA responded to Inspector-General of Taxation and Taxation Ombudsman (‘IGTO’) for reviewing the effectiveness of the ATO’s registered phone line and inviting such extensive feedback from Tax and BAS agents and their professional associations. In which, I completely agree one of the feedback about Client-Agent Linking system

"Support provided for the Client-Agent Linking system
The Client-Agent Linking (‘CAL’) system is among the most common sources of tax agent
dissatisfaction.
• Most clients do not understand the process, and many lack the digital literacy or confidence
to complete it, even with visual guides.
• Agents routinely must call the ATO with the client present, regularly resulting in reported 45-minute
hold times to complete what should be a five-minute task.
• Errors in linking (e.g. roles not updating properly, access issues due to mismatched GST/tax roles)
cause cascading issues across the portal. In one firm’s case, an entire client base had to be re-linked after a business restructure, requiring four calls to get correct instructions. "

All 13.6 million Australian taxpayers will receive a tax cut for 2024-2025.

You can use the calculator in the link to see how much tax you can save. Please remember that the superannuation rate is also increased to 11.5%

https://taxcuts.gov.au/ #:~:text=The%20individual%20income%20tax%20rates,the%202024%E2%80%912025%20financial%20year.

The Australian Government has made changes to individual income tax rates and thresholds. This will apply to all taxable income you earn from 1 July 2024. The changes will not impact your 2023–24 tax return.

From 1 July this year, these changes will:

reduce the 19 per cent tax rate to 16 per cent
reduce the 32.5 per cent tax rate to 30 per cent
increase the 37 per cent tax threshold from $120,000 to $135,000
increase the 45 per cent tax threshold from $180,000 to $190,000.
These changes will deliver a tax cut to every Australian taxpayer.

Finally ATO changes the way to add clients. Relieved!

Dealing with some women who are in need of an accommodation during their crisis time that make me realize that what the assistance of accommodation from rescue houses is very important!

Ruah x Synergy ‘Light up a Life’ Christmas Appeal With your help, we hope to raise much needed funds for support services to that will assist vulnerable and disadvantaged people and families in WA this Christmas.