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?”
5 June 2019
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?”
5 April 2019
Business profits not where you think they should be? Consider these measures to help with the profitability of your business
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 “Business profits not where you think they should be? Consider these measures to help with the profitability of your business”
5 March 2019
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?”
5 February 2019
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.
24 July 2018
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 …
25 June 2018
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 …
27 April 2018
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! …
27 February 2018
Looking to sell your business and not pay any Capital Gains Tax? See how small business CGT concessions could apply to the sale of your business.
Looking to sell your business and not sure of …
29 January 2018
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…
15 January 2018
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 “Is your residential investment property affected by the new legislation passed last week?”
20 November 2017
The Australian Taxation Office (“ATO”) are cracking down on unpaid superannuation by employers and have the data to track outstanding super far better than they have before. Under the current laws, there are some strict laws which could see a Director become personally liable to pay the unpaid super obligations that the company would have … Continue reading “Directors beware! – Don’t be caught out and become personally liable for unpaid employee super!”
2 October 2017