News
$20k deduction for ‘electrifying’ your business
04/10/2023
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how ...
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6 Ways to Improve Cash Flow by Managing Receivables (Collections)
25/09/2023
All businesses should carefully monitor their cash position. Healthy cash reserves enable investment in growth, allow distributions to owners or – for some businesses – ...
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Legislating the ‘objective’ of super
11/09/2023
The proposed objective of superannuation released in recently released draft legislation is: ‘to preserve savings to deliver income for a dignified retirement, alongside government support, ...
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The shape of Australia’s future
08/09/2023
What will the Australian community look like in 40 years? We look at the key takeaways from the Intergenerational Report. The 2023 Intergenerational Report (IGR) ...
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The case of the taxpayer who was paid too late
07/09/2023
What a difference timing makes. A recent case before the Administrative Appeals Tribunal (AAT) is a reminder about the tax impact of the timing of ...
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The Billion Dollar TikTok Scandal
06/09/2023
$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did ...
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9 Ways to Strengthen Financial Controls in a Remote Work Environment
21/08/2023
Employing remote workers presents additional challenges related to financial controls. Managers and employees may not believe they are at risk but studies by the Association of Certified Fraud ...
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Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions
11/08/2023
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. ...
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Succession: What does it take to and your business to the next generation?
10/08/2023
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning ...
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Why is my tax refund so small?
09/08/2023
The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been ...
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9 Ways to Reduce IT Costs
24/07/2023
One expense that can grow out of control in many businesses is Information Technology (IT). Tweaking investment in IT increases performance and profitability and sometimes ...
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Reviewing Cost to Increase Cash and Drive Profits
17/07/2023
All businesses should review their expenses periodically. Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED ...
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