Working from home may mean you are incurring extra costs for power, internet and other work-related expenses. Are you claiming these expenses on your tax return?
Talk to us to help maximise your tax return.
Are you considering a COVID-19 vaccination policy for your workplace? Here’s what you need to consider and some tips on creating a supportive environment for your team. #COVID19 #Vaccination
Your September quarter activity statement is due soon. Are you ready?
We can help prepare your BAS or review your business accounting systems to make your activity statement lodgement easy, accurate, and efficient.
Keeping your data safe can be a big worry for today’s digital businesses. Now’s the ideal
time to get your cyber security reviewed, updated and tightened – before there’s a breach!
#cybersecurity #datasecurity #IT
From 1st November, if you have any new employees that don’t nominate a specific superannuation fund, you may need to request their ‘stapled super fund’ details from the ATO. We can help
Review your superannuation reports now for your quarterly superannuation guarantee contribution. Need help? We can assist with reviewing your super setup or preparing the lodgement. #smallbiz
Worried about your cashflow and the profitability of your business? Come and talk to us. We’ll review your finances and will highlight key ways to improve your cash position while keeping the profits rolling in.
#businessadvice #cashflow
Are you ready for Single Touch Payroll expanded reporting? If you’re not already using an STP enabled payroll product, or you want to upgrade your payroll software, talk to us about implementing the right solution, and we’ll get your STP phase 2 sorted.
Crypto transactions are on the ATO radar. Tax and GST rules apply the same to crypto as to other forms of payment, just like bartering. Talk to us about getting your crypto transaction records together for your tax return.
This year it’s important to get your records and tax return correct because of the unusual business circumstances, govt grants and JobKeeper. Talk to us and we’ll help make tax time easy and make sure you’re claiming all that you can for your business.
Making time to look over your financial reports each month is an important task for any business owner. We can give you an overview of what reports you’ll need to help you build a thriving business.
Did your business make an income tax loss in 2020? You may be eligible for the loss carry back tax offset in this financial year. Get in touch to see if your business qualifies and how to best use this refundable offset to generate cash flow.
Are you looking to either scale up or downsize, your business? We’ll help you review your existing business plan, run scenarios and forecasts, and look at the most appropriate strategy for your future.
#businessadvice
Does your business have a disaster recovery plan? It’s important to have a watertight plan for overcoming any potential natural disasters.
#businessadvice #disasterrecoveryplan #climate change
Employers, there are some important changes to employing casuals. You must provide a Casual Employment Information Statement and offer permanent employment in some situations. Talk to us if you’d like help managing your casual workforce administration.
Should you buy or lease your new equipment? We’ll review your current financial position, cashflow and cost base to decide whether buying or leasing is the right thing for the business.
#businessadvice #SmallBusiness
Have you bought and sold shares this financial year? Share trading is easier than ever but you still need to include details on your tax return. Talk to us about your shares holdings so we can maximise your return.
Struggling with seasonal dips and poor cashflow? We’ll help you identify the timing of your seasonal downtime, and create a strategy for stabilising your income across the year.
#SmallBusiness #businessadvice on #finance #cashflow #seasonality
When cashflow dries up, business problems start to multiply – so keep that cash flowing with these five simple strategies.
Are you thinking about closing your business? Talk to us first to assess viability and options for changing or pausing. If you’re ready to finish, we can help take care of all the administrative tasks involved to help minimise the stress of closing down.
Don’t forget! Get your payroll information ready now for your installment activity statement due on the 21st. We’ll help you prepare for your IAS to make lodgement and payment easy and efficient.
#smallbusinessadvice
Want to create the perfect app stack for your business? Come and talk to us. We’ll help you navigate the Xero app store and create a perfectly connected and integrated Xero system.
#Xero #apps
Do you understand the difference between profit and cash? Are you improving your profits but not seeing an improvement in your bank balance? We can help you increase both your profit and your cash! #CashIsKing #GetInTouch #FinancialAwareness
Should your staff be contractors or employees? There are many factors to assess and it’s the business owner’s responsibility to get it right. Talk to us now and we’ll review your workers’ basis of engagement.
Do you know the difference between a financial and management accountant? If you’re keen to grow, switching to the benefits of management accounting could have a huge impact on your future destiny.
#accounting #managementaccounting #beancounter
Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment? Let’s talk about how we can work together to support your ongoing business profitability.
Do you want to understand more about PAYGI and PAYGW? If you’re new to business or going to employ people, you’ll need to withhold income tax payments for employees and plan for income tax payments for your business. Book a tax planning session today.
Stuck in lockdown and feeling frustrated? It could be the perfect time to do some planning. Having a plan, or just a couple of goals, can help you make better business decisions and sort out your priorities.
Need to rein in your expenses? We’ll review your current costs, find the expenses that could be cut, and will provide a proactive spend management programme to reduce your spending.
#businessadvice
Employers need to check workplace and discrimination protections before changing any employment agreements to require vaccinations for employees. Talk to us to learn more about the rules around vaccinations and the workplace.
Feeling out of control of your business? Talk to us about the three essential tools every business needs and get back in control. There are no magic bullets, just tools, processes, and accountability to ensure you achieve your goals!
You don’t go fishing without checking the forecast, nor should you run your business without an annual forecast! Don’t live in your raincoat, waiting to get soaked – take control and talk to us about your forecast. We’ll help you create sunshine!
Are you confident in understanding the financial snapshot of your balance sheet?
Book a session now to analyse your reports with an experienced business advisor.
Would you like to know more about the relationship between costs and revenue to make better business decisions?
Book a session today to examine your financial reports with an experienced business advisor.
Your June quarter activity statement is due soon. Are you ready?
We can help prepare your BAS or review your business accounting systems to make your activity statement lodgement easy, accurate and efficient. #businesssystems #smallbiz
Looking to scale your business? You’ll need to work more on it & less in it. Consider outsourcing the following to better leverage your time: marketing, design, admin, feedback, stock management, CFO, bookkeeping & payroll! Need help? #GetInTouch
If you operate a building, cleaning, courier, road freight, IT or security business, you may need to submit a taxable payments annual report to the ATO. Talk to us about whether you need to complete a TPAR, and we’ll get it ready by 28 August.
Are you across new STP reporting for closely held payees applies from 1st July 2021?
With the 2021 financial year coming to a close, time is running out for small business owners. As a result, a lot of Accountants are rushing to implement tax planning strategies for their clients before the 30th of June approaches. 3 Ways to Save – Tax Planning There are 3 types of year-end strategies commonly […]
The Federal Treasurer announced the budget for 2022 last night, some say it’s a boring budget with very few changes or surprises. It probably is and it demonstrates that the Government is feeling positive about the way the economy is improving. They would like to maintain the current momentum in business investments and continue to […]
What is JobKeeper It is a monthly reimbursement payment made to businesses by the ATO to subsidise wages amount paid. Under this scheme, eligible businesses will receive $1,500 per fortnight for each eligible employee. It is quite a significant amount and will be paid to businesses impacted by the coronavirus for a maximum period of […]
The government just announced a 17.6 billion package to support the economy as it deals with the wide-ranging impacts of the Coronavirus. What are some of the proactive things we can do as business owners, other than to remain calm, to protect staff and the business. A few things which come to mind are, in […]
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