First there were the 2019 Black Summer bushfires and then Covid which led the Australian Tax Office to give across the board leniency for tax debt. But all that’s behind us now and the ATO is actively pursuing tax debt in all forms. If you are a director of a company,...
As accountants, we understand the drive most business owners have to grow and expand their business. But for many, it’s hard to know where to start and how to reduce the risks that come with business growth. The simple answer is, successful business expansion...
What’s the universal challenge every business faces at some point? Poor cash flow. Large, small or medium sized, they all experience periods of cash flow stress. We have lots of ways we can assist our clients with their cash flow challenges so please get in touch if...
Christmas can be a tricky time for business owners. From managing cash flow to arranging safe, fun Christmas parties for staff, there are many hidden perils and here’s another … Fringe Benefits Tax on gifts or parties for staff and customers. Fringe Benefits Tax (FBT)...
Employees love an end of year Christmas Party and it’s a great way to show your team you value their contribution. However, things can go wrong. Here is our guide to having a fun staff Christmas party without breaking your budget or any HR rules. Tip 1: Don’t...
We don’t normally begin with alarming statistics, but this time we are and then we’ll give you some solutions. The Australian Bureau of Statistics recently released data that revealed: 50% of businesses started in 2019 were permanently closed by June 2023 In those 4...
