News

Category: Small Business

Go on, plan to disrupt things at your company
In May this year the estimated market cap of a four-year-old social media upstart call...
TAKING STOCK
You’re a retail business. You buy something at a specific price, then you sell it...
Tips to preparing your BAS (Business Activity Statement)
Taxpayers who are registered for GST must report their tax obligations to the ATO on...
EMPLOYER OBLIGATIONS
EMPLOYER OBLIGATIONS Employer obligations are an ongoing consideration for business owners and their employees –...
HOLD YOUR HORSES – FRINGE BENEFITS TAX
FRINGE BENEFITS TAX If you’re thinking about buying a ute for your business, here’s what...
THE $20 BILLION DOLLAR PROBLEM
Were you aware that Small Business owes 60% of the $20 billion currently owed to...
SUPERSTREAM – WHAT IS IT AND HOW WILL IT AFFECT YOUR BUSINESS?
Are you an employer with less than 20 employees? Have you registered for SuperStream? As...
LOOK BEFORE YOU LEAP – GET ADVICE FIRST
Accountants are always advising their clients to contact them prior to making any decisions. Once...
THE PRICE OF CASH
The Australian Taxation Office (ATO) has had a crack-down on cash payments in the construction...
RECORD KEEPING
It is very important to maintain your records. Everyone knows that and before you switch...
WHAT ARE EMPLOYER OBLIGATIONS TO EMPLOYEES OR CONTRACTORS?
WHAT ARE EMPLOYER OBLIGATIONS TO EMPLOYEES OR CONTRACTORS? Often we see employers who don’t issue...
THE $20,000 INSTANT ASSET WRITE OFF – SHOULD IT BE AN OPTION FOR YOUR BUSINESS?
THE $20,000 INSTANT ASSET WRITE OFF This shouldn’t be news to any Small Business owners,...

Latest News

Increased Cost of Tax Debt: ATO Crackdown Continues
From July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will...
SMSF Investment rules and options: A Comprehensive Guide
A self-managed super fund (SMSF) is a popular method of superannuation management that allows for...
Choosing the Best Client Accounting Software for Your Business
Good client accounting software is essential for business growth and improvement. The right software will...
Key Dates: February 2025
Here a few important dates to pencil into your February calendar. February 21: Lodgement...
15% Withholding on Property Sales: New Tax Rule for Australian Sellers in 2025
As of January 1, 2025, all Australian residents for tax purposes must provide a clearance...
Division 296: The future of self-managed super
On the final day of Parliament for 2024, the Senate moved to split the Treasury...
How to avoid common cash flow problems
Maintaining healthy cash flow is one of the most critical challenges for small businesses. Poor...
Key Dates: January 2025
Here are a few dates to pencil in for the new year. January 21:...
ASIC’s 2025 enforcement priorities: A compliance checklist
The Australian Securities and Investments Commission (ASIC) declared its 2025 enforcement priorities in November. ASIC’s...
Are you across the new wage theft and underpayment laws?
New wage theft and underpayments laws will go into effect in January 2025 as part...