7 Reasons You Need A Budget For The New Financial Year
The dawn of a new financial year presents an opportune moment to reassess and refine your financial strategies. As the new financial year approaches, the...
What Is Succession Planning and Why Is It Important?
There is a popular saying in the business community – if you fail to plan, you plan to fail. But, with your business at the peak of success and a promising...
What is Entertainment? Is it Costing Me More Money Than I Know About? FBT
Ever found yourself scratching your head at the end of a financial year, wondering how those business lunches and office shindigs have bumped up your tax bill?...
Why Your Business Needs a Budget
Budgeting (or forecasting) is vital to the ongoing success of your business. It helps ensure that, no matter what the world throws at you or your business, you’ll be well placed to negotiate the challenges you are presented with.
Tax Tips: Renting out your home
Have you ever thought about renting out your house as a short-term rental on a platform such as Airbnb or Stayz or through an agent?
Whether it’s a new job...
Technology Boost 20% Bonus Tax Deduction
Under the technology boost, small businesses may be able to access a bonus 20% tax deduction on eligible technology expenses and depreciating assets which are...
Protecting a Legacy: The Challenges of Passing on the Family Business
When it comes to mixing family and business, there are two schools of thought.
Firstly, it’s a bad idea as it will affect your ability to make rational decisions...
See into and plan for the future, using your accountant’s crystal ball
Let’s reflect on the past few years, shall we?
EOFY is almost here: Brace Yourself for an ATO Clampdown
The end of financial year is almost here and there is little time left to get your affairs in order. This year, there are some tax changes likely to affect you...
Electric Vehicles and Fringe Benefits Tax (FBT) Exemptions
Electric Vehicle FBT Exemption: What’s Behind the Fashionable Concession? Your Questions Answered