For many people, an accountant is someone they speak to once a year, hand over a collection of documents to, and hopefully receive a tax refund from shortly afterwards. But good accounting advice can offer much more than completing an annual tax return. Whether you run a small business, work as an employee, […]
7 things you could be missing without an accountant by your side Read More »
Eligible small businesses can continue to claim an immediate deduction for assets costing less than $20,000. From 1 July 2026, the $20,000 instant asset write-off is permanent, giving eligible small businesses greater certainty when investing in assets. If your business has an aggregated annual turnover of less than $10 million, you may be able to claim an immediate deduction […]
$20,000 instant asset write-off (IAWO) here to stay Read More »
More than four in five Australian business still run their systems on residential internet plans, despite rapidly evolving technology offering faster options. Reliable, fast system access is essential for Project Epic, which provides disability support services and community participation day programs in Sydney’s Sutherland Shire. Demand grew much quicker than expected after sisters Abbey Johnston […]
Four in five businesses still on residential NBN plans Read More »
Starting a business is exciting, but the legal decisions made at the beginning can have long-term consequences. From choosing the right structure to employing staff, signing contracts and protecting your brand, there is much more involved than simply registering a name and opening the doors. Choose the right business structure One of the […]
Starting a business: The legal foundations you need to get right Read More »
For many business owners, profit is the headline number. But in day-to-day business, cash flow is often what keeps the doors open. A business can be profitable on paper and still experience financial pressure if customers are slow to pay, tax obligations are underestimated, expenses arrive at the wrong time or too much cash is […]
Taxation, cash flow and the value of good accounting advice Read More »
Tax is an unavoidable part of running a small business, but it is also one of the areas that can create the most confusion. For many business owners, tax sits somewhere between administration, compliance and financial planning. It is often pushed aside while the more immediate demands of customers, staff, suppliers and day-to-day operations take […]
The top 5 tax mistakes small business owners make Read More »
Tax is one of those unavoidable parts of running a business. When things are going well, paying tax can actually be a sign that your business is profitable. But without planning, tax can also create cash-flow pressure, unexpected bills and, in the worst cases, serious problems with the Australian Taxation Office. For small business owners, […]
Tax: The good, the bad and the ugly for small business owners Read More »
Running a small business requires determination, resilience and a willingness to make decisions every day. But there is an important difference between owning a business and building an entrepreneurial enterprise. A good business owner can create a profitable, respected and sustainable operation. An entrepreneur takes that foundation and begins thinking about scale, opportunity, innovation, people […]
From business owner to entrepreneur: The habits that drive long-term success Read More »
Tax planning is not simply about finding deductions at the end of the financial year. Effective planning helps business owners understand their position, prepare for upcoming obligations and make informed decisions about cash flow, investment and growth. Regular conversations with your accountant can also help prevent unwelcome surprises. The Australian Taxation Office recommends setting […]
Tax planning for business owners: Five questions to ask your accountant Read More »
Workplace conflict is an uncomfortable but often unavoidable part of working with other people. Different personalities, communication styles, pressures, expectations and responsibilities can all contribute to misunderstandings. While some disagreement can encourage better ideas and positive change, unresolved conflict can damage morale, reduce productivity and create unnecessary stress. Workplace reconciliation is the process […]
Workplace reconciliation: How to avoid and resolve workplace conflict Read More »
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