March 25, 2019

Whether at the beginning of their business venture or well down the line, at some point, most entrepreneurs and small business owners will find themselves in need of financing. Some entrepreneurs are looking for help getting their dreams off the ground, and others need...

January 24, 2019

Ditching the boss and working for yourself freelancer can be one of the most rewarding career moves out there, but with all that added flexibility comes more responsibility at EOFY.


For many freelancers, tax time is met with feelings of dread and complete confusion.

Tha...

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

Accountants are essentially paid for their skills, time, and the value they add to your business.

The more organised you are, the less time it takes the accountant to get the work done. More importantly, it also means they can spend more time looking for opportunities t...

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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