Is your home loan still competitive? With the Reserve Bank recently embarking on a sustained phase of interest rate increases, and with the major banks often exceeding these rate increases, there is no better time than now to check the competitiveness of your home loan. Depending on the loan amount and product you require, borrowers could...

ATO processing delays The ATO are currently experiencing lengthy delays in processing tax returns due to a major system upgrade recently undertaken. Please note that any delays you are experiencing are beyond the control of BCV Accounting. The ATO recently provided the following status update: We have processed around one million...

PAYG Variations – Property Investors can improve their cashflow! One way in which a property investor can improve their cashflow is by lodging a PAYG variation. A PAYG variation is an application to the ATO requesting that your employer reduce the amount of tax withheld from your regular salary or wage payments, to reflect the expected rental loss from your investment...