Blogs & Resources
24 March 2020
Coronavirus Special Update
Please subscribe to our newsletter for a Coronavirus Special Update, where the following is discussed:Government’s Stimulus Package in response to the Cor…
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18 March 2020
Assistance with the Corona Virus pandemic.
Please find below some useful information concerning protecting your business from the impacts of the Corona Virus (COVID19) pandemic.Indicators to monitor when…
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17 March 2020
Indicators to monitor when business is bad
When business is bad or when tough times are ahead it is important to have a good understanding your business position. Liquidity ratios are important to b…
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16 March 2020
Business Defensive Interval Ratio
The Defensive Interval Ratio can inform a business how long it can continue to pay its bills without generating additional sales.It is calculated as follows:(Ca…
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14 March 2020
ATO response to the COVID19 pandemic.
The Australian Taxation Office (ATO) will offer a more flexible approach to the way it administers taxpayers’ affairs over the coming months.This will be …
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12 March 2020
Stimulus measures to assist the economy during the COVID19 pandemic.
The Australian Federal Government has recently announced a number of measures to assist businesses including: The instant asset write off threshold will be…
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11 March 2020
The margin of safety for your business.
The Margin of Safety is a measure or Key Performance Indicator (KPI) of how far your sales can fall before reaching your breakeven point. It is a measure …
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8 March 2020
Napoleon Bonaparte and your business.
Napoleon Bonaparte once famously said ‘An army marches on its stomach’. This also holds true for a business except in this case the food is cas…
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2 March 2020
Taxation Update - March 2020
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:Court confirms ATO's position on foreign income …
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28 February 2020
Tax Deductions – the importance of substantiation and proving your Deduction.
In a recent case heard before the Administrative Appeals Tribunal of Australia. A taxpayer was disallowed his car expenses as he was unable to substantiate…
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24 February 2020
Reduce my excess contribution tax and increase my tax deduction.
This can be achieved by using contribution reserves.The Australian Taxation Office (ATO) released Interpretative Decision 2012/16 (ID 2012/16) that provid…
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23 February 2020
3 Critical Areas Your Business Should Focus On.
If you told me you wanted to run a marathon and were going to prepare for the big event by going for a slow jog once a week, I’d say you were crazy. In fa…
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20 February 2020
What do YOU really want?
Many of our business clients have similar goals for both their business and themselves personally. In a nutshell these goals are:Increasing REVENUE.Increa…
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19 February 2020
Tax Planning – Review your Fixed Asset Register; Stock Ledger; Debtors Ledger.
These three asset categories all can affect your profit and loss and therefore your taxable income. You should review your Fixed Asset Register to see if t…
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18 February 2020
Taxation Planning - Deferring capital gains events.
Managing the timing of a capital gain event can defer the tax payable on the event for a substantial period of time. It may also reduce the amount you eve…
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