Avoiding penalties on presents and parties
Christmas can be a tricky time when it comes to tax and there are lots of ways your business might land an unexpected tax bill. The staff Christmas party isn’t…
Tax update December 2024
GST focus remains, while community tip-offs increase Fraudulent claims for GST refunds continue to be a major focus for the ATO, with several new pilot programs announced to help small…
Recharging for Success
As a small business owner, you may find it difficult to justify taking time off. After all, your business demands your attention, and you worry what will happen if you…
From hands-on to hands-off: tips for a self-sustaining business
Owning and running a small business can often feel like juggling flaming torches, while riding a unicycle on a high wire—you’re constantly managing multiple tasks, with each one demanding your…
Succession planning – More than an exit strategy
Although the day may be a long way off, when it comes to exiting your business, the golden rule is to start planning early. With a detailed succession plan in…
A Strategic Approach to Managing ATO Debt
If I could save you time, money and show you how to grow your wealth using smart finance would you be interested? As of 1 July, a significant change has…
Which business structure is best?
A catchy business name, a trustworthy brand and an engaging website or social media presence are all vital to any small business. But don’t underestimate the effect of the business…
Tax Update September 2024
New deductions and employer obligations Employers need to check that payroll systems reflect recent legislative changes, and the ATO is highlighting deduction opportunities available to some small businesses. Here’s your…
Which business structure is best?
A catchy business name, a trustworthy brand and an engaging website or social media presence are all vital to any small business. But don’t underestimate the effect of the business…
Ready, Set, Goals – Is it time for a mid-year check-in?
Making time throughout the year to review and reassess the goals you set at the beginning of the year is just as important as setting the goals themselves. Now is…