NEWS – FROM THE PRINCIPAL

End Of Jobkeeper
With the end of JobKeeper looming in the ever-nearing future, business owners are starting to stress about what this could really mean for their business and if they are ready or financially able to lose the support. JobKeeper came at a time when lockdowns, isolating...
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What Is FBT And What You Need To Know
Is your organisation providing your employees with additional perks? Paying for your employee’s gym membership, providing a car for personal use or simply providing entertainment by way of food, drink or recreation, may incur a cost to your business by way of the...
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5 Tips On Effective Debt Management
There are many different types of debt out there and it is likely that you have owed money in your lifetime. This can be anything from a HECS debt or student loans, a mortgage, car loans or credit card debt. Australians are always accumulating debt, with research...
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Festive Season Tax Deductions – What You Need To Know
With the festive season almost upon us, have you considered how your Christmas spending may affect your tax? You might be planning to reward your employees with gifts or a Christmas party for their hard work throughout the year, so it’s important to understand how...
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What You Need To Know Before Setting Up A SMSF
Control and flexibility are two reasons why more young people are considering setting up a Self Managed Super Fund (SMSF), but many are unaware of how they work and what’s involved. We are here to shed light on what you need to know before deciding whether a SMSF is...
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5 Tax Deductions for Business Owners
Preparing your small business for tax time can be a daunting task. Although, if you have been tax preparing for the entire financial year, this process might be a little easier. It can be hard to prepare for the tax season when you have no idea what you can claim, and...
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Smart Ways To Use Your Tax Refund
With the lodgement of tax returns and issue of resulting refunds many Australians may be wondering how best to utilise those funds this year. Your tax refund can be a major financial bonus and can help secure your financial situation. There are many ways to avoid...
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How To Claim Work From Home Expenses In 2019-20
Since we have jumped into a new era of working from home, you now have the ability to claim more tax deduction than you may have in previous years. These deductions can be additional running expenses which include electricity, phone, internet and equipment. With the...
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5 Small Business Strategies for Kick-starting the Financial Year
As another end-of-financial-year rolls by, now is as good a time, as any, to undertake a bit of housekeeping. The stresses of running a small business often see us rushing and unprepared towards the end of June 30th. It’s that time when we draw a line under our...
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Start Your Business Right With Good Record Keeping
According to the Australian Taxation Office (ATO), many small businesses fail due to poor record-keeping. Aside from the legal reasons, there are many financial reasons for making sure your books are in order. Every small business owner knows that record-keeping can...
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