While I don’t disagree with the Australian government’s decision to allow people to take out $10,000 one year and $10,000 the next due to Covid-19 – I do not view it as a lifeline.
I view it as having a massive night out – but the hangover could last the rest of your life.
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We’ve spent more than the past year responding to things outside of our control. Everyone has experienced huge change, a lot of it while in crisis mode. Upon reflection, some of the changes were inevitable. If we think about digital transformation and flexible working conditions, these were simply accelerated by Covid. Now that the worst […]
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Turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business? Cashflow is the beating heart of your business. Without an even and predictable flow of cash into the company, you can’t cover your overheads, you can’t […]
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Cash is the fuel that powers your business. Does your business have enough capital in your company to actually fund your short, medium and longer-term goals? Whatever your business aims are, you’re likely to need some additional finance at some point along the business journey. But, how does this extra cash then benefit the growth, […]
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Advertising and marketing options are endless for any small business, but driving growth through paid activity quickly becomes expensive – particularly if you’re not seeing an immediate return. So, how can you form a deep connection with your customers without breaking the bank? Enter the podcast! Here are three reasons why podcasts are a smart […]
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Some companies are eligible for lower tax rates. We’ll always apply the tax law for your benefit when we prepare your company tax return. Company tax rates apply to companies, corporate unit trusts and public trading trusts considered to be base rate entities. Base Rate Entities Base rate entities have an aggregated turnover of less […]
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Common Tax Deductions for Small Business There are many expenses common to most small businesses, and there are other expenses that are specific to the nature of the goods or services the business provides. Are you claiming all the tax deductions that you are entitled to? Operating expenses include accounting, administration, advertising and marketing, office […]
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