COVID-19 Stimulus Package – What this means for your business
With these uncertain times ahead due to the pandemic that is COVID-19, we have provided a summary of the two stimulus packages that have been announced and what this means for your business. Increase of the Instant Asset Write Off Threshold from $30,000 to $150,000 Businesses with a turnover of less than $500 Million (up … Continue reading “COVID-19 Stimulus Package – What this means for your business”
Tax
22 March 2020
Starting a Business in the New Financial Year?
Are you looking to start a business in the new Financial Year? If you are, then that’s great, however there many things to consider before going into business. I am sure it is great walking in to tell the boss “That’s it, I am done! I am starting my own business!” but before you go and … Continue reading “Starting a Business in the New Financial Year?”
Business Structure
5 June 2019
Is it taking too long for your business to get paid?
You need customers to have a business. You need them to tell your friends and family how good your product or service is so you can sell more of these in order to grow. Most importantly, you need your customers to pay you or your business fails! The questions you need to consider are: Am … Continue reading “Is it taking too long for your business to get paid?”
Tips
5 April 2019
Enhancing Business Profits: Effective Measures for Success
Many business owners think you only need to increase sales to make more money. That can be hard to do, especially in the short term and this can play havoc with your cash flow particularly when suppliers are hot on your heels requesting payment and your customers haven’t paid yet. Sometimes it can just be a … Continue reading “Enhancing Business Profits: Effective Measures for Success”
Profit Analysis
5 March 2019
Do you and your business partners have a Shareholders Agreement?
Before you start your journey in business, you are in love with the business, but when the relationship goes sour it can turn to you know what!! Being in business with someone, whether work colleagues or friends getting together is a like a business marriage and therefore you need something in place that can be used to … Continue reading “Do you and your business partners have a Shareholders Agreement?”
Tax
5 February 2019
Outgrown Your Business Structure? We can help!
Most people starting their own business will start with a cheap, no fuss business structure to ‘dip their toe in the water’ to start their business.
Business Structure
24 July 2018
What you can do between now and 30 June to make tax time a breeze
As the end of the Financial Year draws closer, we have the second part of our tax tips and which focuses on our individual taxpayers.
So, what do you need to consider leading up …
Tips
25 June 2018
What does your small business need to do before 30 June to save tax?
As the end of the financial year is less than eight weeks away, there are steps that can be taken prior to 30 June to help you save tax.
This is Part One of our two-part series and we …
Tax
27 April 2018
It’s time to Scrap those Spreadsheet and Click with the Cloud!
How your cloud accounting package can help your business create efficiencies, run reports with real time information and produce meaningful information to help you make informed business decisions! …
Cloud Accounting
27 February 2018
Understanding CGT Concessions When Selling Your Business
Looking to sell your business and not sure of …
Tips
29 January 2018
When there is a Will, there is a way!
In life you don’t know what is around the corner and should you pass away unexpectedly (or expectedly) you want to ensure that your assets are passed down to the people you want them to go to (your beneficiaries). Further to this, it is important now to plan for your deat…
Family
15 January 2018
New Legislation Impact on Residential Investment Properties
The new legislation passed on Wednesday, 15 November will impact property investors who purchased second hand residential properties where the contracts were exchanged after 7:30pm on 9 May 2017 (Budget night). Under the new laws, residential investment property owners will be ineligible to claim depreciation on existing plant and equipment assets. This denies property investors from claiming income … Continue reading “New Legislation Impact on Residential Investment Properties”
Property
20 November 2017