FBT on cars
Hi, today we’re talking about ways to save you money so you can spend it on other things. Are you in the market for a new car and you own a business? Wouldn’t it be great to buy it through the business? You can claim all the expenses, you can claim the interest on the […]
Tax Tips 2024
Let’s not miss out on tax planning opportunities in 2024 by missing the deadline! Today we will be looking at using these strategies to help with planning for and reducing taxes: using losses to help reduce tax, deferring income, using negative gearing and investments and reviewing your business structure. We’ll also quickly look at when […]
Money Management Tips for Small Business
Money Management Advice for Small Business in Australia Ever wondered why the failure rate of businesses is so high? Are you too afraid to start your own business because you’re worried about failing? Do you lie in bed at night worrying about how to manage the cash in your business? Don’t worry, because today I […]
Your Guide to Small Business Success
Has your business hit a barrier which you just can’t seem to break through? Are you thinking of starting your own business and want to know how to be successful? Do you know someone who started their own business and it kind of, went nowhere? If you want to know the secret to making your […]
Demystifying FBT
So, have you been a little creative this year with your employee salary packaging? Given them a car, paid for relocation costs, thrown a Christmas party, gym membership. This is great for boosting morale and showing appreciation but when you discover it costs you a lot more in the form of Fringe Benefits Tax it […]
How to Write a Business Plan
According to data coming out of the Australian Bureau of statistics, around 20% of new businesses will fail in their first year. Of those who survived their first 12 months, a whopping 60% will fail by year 3. So what is going on, why is the failure rate of those going into business for themselves […]
10 Ways to Save Tax
Here are 10 ways you can save tax in your small business here in Australia. Welcome back my friends, today I am going to go through how you can save more tax in your small business here in Australia. Nobody likes paying tax but sadly it’s a fact of life, what is it they say? […]
What is Tax Planning and Why You Should Do It
Right, welcome fellow entrepreneurs. Have you ever been given a bill and it was WAAAAY more than you were expecting. I got one this morning eek. Right, now, let’s take that feeling and imagine you’ve just left your accountant’s office where you’ve been given a MASSIVE tax bill. Are you with me? Are you wondering […]
6 Tips to Improving Cashflow
Do you feel as though Christmas has left your small business with a massive hole in your pocket, as your cashflow has taken a nose dive? Implementing these 6 things into your processes will help turn that around and get you onto the path for financial success. You may not even need to implement all […]
Do you have a plan?
How and Why to Complete Your Business Plan Are you a planner or a fly by the seat of your pants type of person? Me? I’m a planner, I like to know where I’m going, how I’m going to get there, what time I need to leave, what time I’ll be arriving, everything. I live […]