NEWS – FROM THE PRINCIPAL
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...
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...
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...
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...
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...
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...
Employee or Contractor? Do You Know The Difference?
The main difference between an employee and contractor, to put it simply, is that an employee works for a business, whereas a contractor works as their own business. There are many other things that distinguish one from the other but the key is to understand what form...
Important Financial Tips For Starting Your Business
There are a number of things that you need to do before starting your new business. In this blog, you will find out about a few basic things you need to know about the financial side of your business. If you have been sitting at home wondering how you can start your...
Strategies To Kick Start Your Business
Have you been sitting at home running through ideas of an ideal startup business that will change your life? Then it might be time to become your own boss. Whether you’re buying a premises or starting a home business, these great strategies will help you kick start...