Did you ever hire a bookkeeper to help you keep track of your expenses and tax obligations? If not, find out why now may be the best time to do so. Bookkeeping is an essential component of any organisation. To focus on other tasks, such as marketing, attending client meetings and completing customer orders, […]
4 great reasons to hire a bookkeeper Read More »
As the new year approaches, now is the perfect time to strategise and set the groundwork for a thriving business in 2025. Launching a business that’s poised for sustainable growth begins with a clear vision, a well-defined operational strategy, and effective systems. Clarify Your Objectives and Define Your Target Market The more precisely you […]
Position your business for a strong start in 2025 Read More »
Starting a business can be a tricky time, with so many systems to put in place and so little room for error. One of the best ways to get ahead of the curve is to develop a working relationship with a professional mentor, someone who has been through it all before, someone you can trust. […]
Your accountant can be used as a mentor for a new business Read More »
As political parties squabble over wiping university student debt, new figures show paying off a HECS loan may impact graduates’ borrowing power for a mortgage by almost $100,000. Research from Compare the Market revealed a university student paying off an average HECS debt of almost $26,500 had a reduced borrowing capacity of $95,900 on a […]
HECS debts lump students with future mortgage misery Read More »
Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses you’ve been planning and have put off for so long. Your superannuation plays a key role in ensuring you have […]
Some tips to help grow your superannuation Read More »
Independent MP Allegra Spender represents the country’s richest electorate but believes the tax system unfairly advantages wealthier Australians over working people. Australia should look at increasing consumption taxes like the GST and reducing tax concessions, while cutting income tax, to tackle intergenerational inequality, she told the National Press Club on Wednesday. Ms Spender, who lives […]
Hey big Spender: teal MP wants consumption tax re-think Read More »
Tax cuts don’t appear to be fuelling shopping sprees, with transaction data suggesting extra take-home pay is going towards staples and paying down debt. Footy finals were the only bright spot in an otherwise glum September for spending, with recreation recording the only rise in a discretionary category over the month. Commonwealth Bank’s spending indicator, […]
Stage three tax cut spending spree yet to surface Read More »
Find out about the new name, what’s changing and how it affects you. Soon, myGovID will be changing to myID. The app will have a new name and new look, but you’ll continue to use it in the same way. What you need to know There’s nothing you need to do to prepare for […]
myGovID is changing to myID Read More »
Property investors are anxiously awaiting any potential changes to tax breaks after a week of mixed messages on negative gearing and capital gains tax. Prime Minister Anthony Albanese has repeatedly insisted Labor has no plans to touch the tax concessions, despite reports Treasury was preparing advice on options to scale back negative gearing. Negative gearing […]
Property tax concession change talk sparks uncertainty Read More »
Are you using business money or assets for private purposes? Using money or assets from your company or trust for private purposes can have tax consequences if you don’t account for these transactions correctly. That’s why it’s important to get it right. Business money and assets you take or use for private purposes […]
Your guide for using business money and the tax consequences. Read More »
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