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Temporary full expensing is due to end soon – your tax deduction guide
With the temporary full expensing (TFE) incentive due to end on 30 June 2023, the federal government has announced the reintroduction of...
May 26, 20232 min read
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What are the risks of taking out a personal guarantee on a loan?
To fund the growth of your business, you’ll almost certainly need to take out a business loan at some point. But many lenders will ask...
May 17, 20232 min read
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2023 Federal Budget Highlights
The Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. The following is a list of highlights from a tax...
May 13, 20233 min read
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How to Claim for Working from Home Expenses
Working from home is becoming the norm for many people. It’s important to think about the deductible expenses that you may be able to...
May 4, 20232 min read
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What is Price Elasticity of Demand?
Price elasticity is an economic concept that you should get to know. It is instrumental in understanding demand for your product and the...
Apr 25, 20232 min read
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Why your accountant & bookkeeper is the mentor you didn’t know you needed.
A business mentor can provide guidance and support, so you make the right decisions and stay focused on the end goal as a business owner....
Apr 25, 20232 min read
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Failure to Lodge TPAR
Penalties May Apply The ATO will apply failure to lodge penalties for businesses not identifying their obligation to lodge TPAR. In the...
Apr 18, 20232 min read
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Strategic business partnerships: the benefits of working together
Strategic business partnerships are all about finding the common ground. If you share the same customer audience and create a...
Apr 16, 20233 min read
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Super Guarantee Rate Rises in July to 11%
In July 2023, the superannuation guarantee statutory rate will rise to 11%. Annually, the rate is increasing by 0.5% until July 2025 when...
Apr 16, 20231 min read
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Your upcoming tax calendar for April and May 2023
As we come up to the end of March, we have our final 3 months to finalise tax planning for the 2023 income year. Despite the need for tax...
Apr 3, 20232 min read
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Stressing about your work/life balance?
Trying to get perfect the work/life balance can be a cause of stress in itself. If you are feeling the strain of building your business...
Apr 3, 20232 min read
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Getting your bookkeeping ready for a digital future
Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for sure. But, in...
Mar 28, 20232 min read
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6 strategies to clear surplus stock
Excess stock is predicted to be one of the big challenges of 2023 for retailers around the world. It’s been a stock rollercoaster for the...
Mar 28, 20232 min read
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Stepping back: Do you have an exit strategy for your business?
Owning a business can be brilliant, but you might not want to do it forever.Whether you’re ready to retire, want to cash up, or you just...
Mar 28, 20232 min read
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Fringe Benefits Tax and Business - Odometer reading 31st March 2023
Benefits provided to employees or their associates in addition to salary or wages are known as fringe benefits. These benefits are paid...
Mar 8, 20232 min read
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Young, healthy and don't think you need a will? Here's what may happen to your savings, super, HECS
The pandemic saw an increase in the number people doing at-home wills, sometimes to their detriment, an expert says.(Photo by Melinda...
Mar 7, 20231 min read
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5 ways to get in control of your business finances
Having proper control of your business finances is a big advantage. It helps you make well-informed business decisions and keeps your...
Mar 5, 20233 min read
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Managing your marketing budget to improve your ROI
Having a well-planned marketing budget can help you allocate resources to the right digital marketing channels and maximise the...
Mar 5, 20233 min read
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How Do We Remain Prepared in a Fast-Paced Environment
How Do We Remain Prepared in a Fast-Paced Environment? Bookkeeping is demanding, exciting, inspiring, and above all, rewarding. It is...
Feb 1, 20232 min read
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Digital Signatures and Cyber Security
Did you know that authenticated digital signatures can be more secure than handwritten ones? Talk to us about using encrypted signatures...
Jan 25, 20232 min read
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