By: Virginia Padovese Do you need to lodge a tax return? If you earn a salary you probably do. You must declare all your income but you can also claim your work-related expenses. Find out all you need to know about how, when and why. If you earn a salary in Australia you’ll need to […]
By: Nigel Fellowes-Freeman The February reporting season ended on the marginally optimistic note of “better than feared” according to those in the know. The UBS equity strategists said more companies beat expectations. But for the average business, or startup, does this mean a sigh of relief? Probably not. No one missed Dick Smith’s collapse, or […]
By: kristallis As a start- up, it is crucial that you find an accountant early on who will partner with you to help you and your company grow. If you find an accountant who understands your business, they can essentially guide you in the right financial direction. Many start-ups come to an accountant too late in […]
By: MIKKI SILVERMAN As the owner of an SME, it’s more important than ever in this rapidly-changing business environment to get flexible working schemes right. Compared to ten, or even five years ago, employees are now looking for more of a balance between their personal and work lives. This can be a great thing as flexible […]
By: Stacey Price Many small business owners and entrepreneurs understand the benefits of leveraging outsourcing to scale their business. Smart business owners know that having a trusted advisor on their team can have immeasurable benefits. Outsourcing to a trusted financial advisor can lead to increased cash flow, business awareness, knowledge, accuracy, on time reporting and […]
By: TERRY HAYES Legislation has been passed in Federal Parliament that will allow small businesses to change the legal structure of their business and have the capital gains tax (CGT) liability disregarded and deferred until eventual disposal. The changes generally apply from 1 July 2016. Below is a snapshot of the changes. No one will be […]
By: Simon Milne When you own your own business it is easy to get caught up working in the business and never take time out to work on the business. Working in the business drives your cash flow today. Working on the business, which includes writing an annual business plan, drives your cash flow tomorrow. It […]
By: Ritchie Cruz There are two types of instances where you can claim home offices. One is of you are carrying on your employment duties from home, and the other is where you are actually running a business from home. Carrying on employment duties at home will be discussed below Carrying on Employment duties at […]
