News & Insights
Melbourne Accountants and Financial Advisors
News and practical insights from trusted accountants in Melbourne. Here, we break down tax updates, business obligations and financial strategies into clear, usable advice for individuals and growing businesses. Whether you’re searching for a small business accountant, guidance on how to do your small business accounting, or support from a business advisor in Melbourne, our updates are designed to keep you informed and ahead.
From compliance reminders to strategic tips, YK Partners helps Melbourne SMEs find clarity, confidence and smarter financial decisions.
Are All Work-related Expenses Deductible?
There’s a natural assumption in tax that if something relates to your job, you should be able to claim it. But that’s not always the case. We break down what is and isn’t claimable and how professional SME accountant guidance is key.
Do I Need to Lodge a TPAR?
If your business works with contractors, you may be obligated to lodge a Taxable Payments Annual Report (TPAR). We break down what TPAR is and who may be eligible.
When Does a Hobby Become a Business?
Have you started getting paid for your hobby? If so, there’s a good chance the ATO will view it as a business. Getting advice early from experienced small business accountants can provide clarity and direction.
Hybrid Tax Changes: What Should You Know
Hybrid vehicle sales have grown markedly in the past few years with businesses leaning into how hybrid and electric vehicles have been treated from a tax perspective. However, for hybrid vehicles, that treatment has now changed.
Car Logbooks Explained: What SMEs Need to Know
Car expenses are one of the most commonly claimed deductions. They’re also one of the most frequently questioned. The logbook method can be highly effective, but only if it reflects reality and it diligently recorded.