Business Finance Blog

You’ve got a valid tax deduction but can’t find the receipt. Sound familiar? Thankfully, there might still be some options for you.

Whether you've just received an inheritance, will receive one, or will one day pass an inheritance on, knowing the tax implications can protect your financial interests and offer some peace of mind.

What the Federal Budget means for business, family and finances.

By claiming the tax-free threshold, you don’t pay tax on the first $18,200 you earn each year.

If you rent out a property in Victoria for less than 28 days and charge a fee, you might need to pay a levy.

This guide is here to make things simple and help you understand the basics of Australia’s income tax system.

myID (formerly known as MyGovID) is an Australian Government Digital ID app.

Be in the know of how Capital Gains Tax affects your investment and financial decisions

Understanding when and how to access your super is key to a secure retirement.

What is a credit score? why does it matter? get yourself in a good position for a loan with favourable loan terms.

The rate per kilometre for the income year starting 1 July 2023 (the 2024 income year) will be 85 cents per kilometre.

We are covering all things BAS including who, how and when you need to pay.

The best budgets are alive and need constant maintenance to ensure they are aligned with your current finances and business goals.

Here is your quick and snappy guide to a smooth end of the financial year in 2024.

Easing cost of living pressures and building a sustainable economic future

10 exact strategies to maximise tax savings in your business

5 exact strategies to maximise your tax efficiency and work smarter, not harder this end of financial year

A family trust is a simple concept, with complex implications for business and tax.

How to get smart about your personal finances.

Leverage your balance sheet to make smart decisions about your business.

Let’s lower your tax burden and increase your profits with these 10 tips for trade businesses like yours.

How salary sacrifice can save you $. For employers and employees.

PAYG what? Here's everything you need to know.

Understand the distinctions between contractors and employees

Buying a business could be an amazing opportunity with some great benefits — how do you know if it's a good decision?

Find out how the Small business Technology Investment Boost can help your business

Superannuation or ‘super’ is money that your employer or yourself puts aside over your working life for you to access and live on when you retire from work.

A guide for your taxes and compliance

this budget has been described as ‘measured’ as the Government grapples with trying to keep inflation down whilst bring support to those who are vulnerable.

Whether you’re just starting a business, or you have been in business for a long time, having the right business structure is an important step to running any business

This blog is here as a guiding light, with insider knowledge from accountants who have seen the in’s and outs of many businesses.

With many Australians working from home or hybrid working the ATO has been forced to make tax deduction changes that better benefit tax payers.

Electric cars are set to become much more affordable with the Government locking in the legislation for low and zero emissions cars to be exempt from FBT (Fringe Benefits Tax).

Long service leave is a nation wide entitlement for most long serving employees. This blog is here to answer all your questions about LSL.

Key take-aways from the October Federal Budget for individuals, households and small businesses

This is your simple guide on what a Director ID is, if you need one, and how to apply.

What is business advisory and how can it benefit your business?

Bookkeeping — What is it and is it relevant for you?

This blog is as a one-stop-shop for current grants — for businesses and/or households. This is an ever evolving space so we will be updating this blog regularly.

myGovID is the government's (relatively) new way of easily identifying yourself online. To put it simply, myGovID is a way of identifying yourself and accessing online government services.

This blog is a guiding light and prompt to tick off your list of to-do’s so you can finish the financial year strong and ready to go for next year!

For most businesses and individuals income tax is one of the largest expenses, so it requires careful planning and budgeting.

There's lots of benefits to a Self Managed Super Fund, but is it right for you?

Easily set up Phase 1 STP reporting and be ready for Phase 2 with Xero

Here is a quick snap shot of some of the announcements that may be of benefit.

What is the Average Debtor Day Ratio?

We’ve put together this blog as an up-to-date, one-stop-shop for all your current funding/stimulus/support packages.

Financial ratios help businesses analyse their performance. Specifically they can be used to evaluate profitability and viability, trends in your cashflow, liquidity, tracking performance, and more.

A current ratio measures a business’ ability to pay short term obligations, which are those payable within a year.

We sat down with one of our directors, David Cornell to reflect on the year gone by and look forward to the year ahead.

We’ve put together 6 tips to help you take time off in style

A business owners guide to understanding and increasing cash flow for their business.

Whether you’re a business owner, an everyday joe, a family, or otherwise, this is for anyone who wants to take their finances to the next level.

With the ever changing business and financial climate, reviewing, regulating and understanding our finances will help us find good rhythms to create a healthy and flourishing business.

There’s two major areas for business owners to get on top of: the mental game, and the financial game. Implementing these habits into your life will help to create momentum.

We’ve created this checklist to ensure your end of financial year is hassle-free, and you get the most out of your tax.

We have put together a few strategies for you to consider that will help you get the most out of your tax.

Taxes can feel overwhelming, especially without a plan and sound advice to help you stay on top of all the boxes that need to be ticked. We’ve put together a few thoughts on tax planning and FBT.

There are many accounting software packages available, and picking the right one for you, can be a tough choice. We’ve boiled it down to five of the best accounting softwares to give you a head start

For many of us, the way we work, what we earn and our financial goals have changed in the lead up to 2021. We believe now is the time for to rethink and reset.

Walking with our clients this year, we witnessed extraordinary resilience. We were inspired, and it helped us realise something about ourselves that we wanted to bring to the forefront.