Tax

Australia’s “Google Tax” May Be the Second in the World but It’s Too Early to Tell if It’s the “toughest”

By Antony Ting When introducing the draft legislation for the diverted profits or so-called “Google tax”, Federal Treasurer Scott Morrison claimed it would: “reinforce Australia’s position as having amongst the toughest laws in the world to combat corporate tax avoidance.” Australia is the second country to introduce this type of tax, after the UK in April […]

December 5, 2016
Business Management

8 Ways to Promote Your Business This Christmas

By: Vanessa Emilio With December just two days away you might be thinking it’s too late to leverage the Christmas season to boost sales before the end of the year. But you’d be wrong! Christmas is just around the corner, but there is still time for small business owners to leverage the season when it comes […]

December 1, 2016
Business Management Tax

Record Keeping for Small Business Owners

  Quick guide for good record keeping… It’s never too late to start a good record keeping system for your business. It’s an important part of being a small business owner and to ensure you’re meeting your tax obligations. Benefits of record keeping While it can be tedious, there are many benefits to keeping good […]

November 30, 2016
Business Management

How to Hone Your Intuition for Business Success

By: Michelle Dixon Cultivating your observational skills and listening to your gut is key to honing your intuition. Today Michelle Dixon shares her best tips for developing and using intuition to make your business better. Wouldn’t it be handy to switch on your inner psychic so that you might anticipate the best decisions for your business, […]

November 29, 2016
Business Management

Is Your Business First Aid Ready?

  Avoid the risk and become first aid ready! Many businesses believe they are first aid ready for an emergency, however this isn’t always the case. St John’s free resource, 5 Steps to First Aid Readiness, can help you to minimise workplace risks and be better prepared to respond to First Aid emergencies. 5 steps […]

November 26, 2016
Business Management

How the Magnificent Seven Can Increase Profitability

By: Guest Author When reviewing the financial performance of a business, the primary measure I look at is Return on Capital Employed (ROCE). ROCE not only measures the profitability of a business but also the efficiency with which its capital is employed. In Laymen’s terms, ROCE works out how much bang for your buck you’re […]

November 18, 2016
Business Management

Can Your SMSF Buy Your Business?

By: Alexandra Cain The short answer is yes. The long answer is more complex. For a lot of people, putting their business premises inside their super fund makes sense. But what about putting the business itself inside a self-managed super fund? I put this question to Melissa Browne, founder of accounting practice Accounting and Taxation Advantage, […]

November 17, 2016
Tax

When Is a Residence a Place of Business

By: Max Newnham Don’t make this common mistake. Many small businesses are often started on a part-time basis while the owner is working full-time. This can mean a portion of the owner’s home, or the property that the home is situated on, is often used for business purposes. A common mistake made is for owners to […]

November 15, 2016
Business Management

Do I Really Need a Business Plan?

By: Fiona Adler Since most business plans are useless, many businesses don’t do them anymore. Fiona Adler shows how to create a really useful, one-page business plan that will actually help drive your business forward. Not so long ago, business plans were given *a lot* of importance. In fact, they were seen as being the first […]

November 14, 2016