November 27, 2018

1. “I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.”  –Michael Jordan, NBA Legendary Basketba...

October 25, 2018

Is your business missing out on essential accounting resources that could help it grow?

Money—it’s how you measure success in business. It’s also how you pay the bills, pay your employees, and keep your business running. Unfortunately, many small business owners are sel...

September 6, 2018

Do you repair your own photocopier?

While it’s a mechanical task that may be accomplished with the use of a manual, why do so few business owners do it? The answer is generally that they recognise that somebody else can do it more efficiently, reliably, and cost-effecti...

August 10, 2018

If you are new to business or expecting to make a profit for the first time, now may be a good time to enter into pay as you go (PAYG) instalments.

PAYG instalments help you budget for future income tax payable on your business and investment income (known as instalment...

June 22, 2018

July 2018 overseas businesses that meet the GST registration threshold of A$75,000 will need to charge GST on goods that are:

  • less than A$1,000 (low value)

  • imported into Australia

  • not GST-free (such as most basic food, alcohol, tobacco, or tobacco products...

June 8, 2018

If you buy an asset by 30 June and it costs less than $20,000, you can write off the business portion in your 2018 tax return.

You are eligible to use simplified depreciation rules and claim an immediate deduction for the business portion of each asset (new or second ha...

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