Blogs & Resources
10 December 2017
5 ways to improve the Return on Equity in your business.
This is a ratio that focuses on the return earned by owners on their investment in their business.
It is simply calculated by dividing the net …
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9 December 2017
5 things that your Net Profit Margin will tell you about your business.
The Net Profit Margin summarises all the profit and loss items involved in your business for a certain period, most commonly a financial year and compares them …
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6 December 2017
Taxation Update - December 2017
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
Parliamentary update
ATO relie…
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1 December 2017
5 things that your Gross Profit Margin will tell you about your business.
The Gross Profit Margin is a common but often overlooked calculation for business.
1. It determines how much profit a business is…
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12 November 2017
What is your Revenue Growth Rate?
Revenue Growth Rate is a great Key Performance Indicators (KPI) for measuring the rate that your business is growing in terms of sales. Revenue and sales …
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5 November 2017
8 Key Performance Indicators (KPI) used to measure the financial performance of your business.
From my experience a lot of business owners pay little attention to their business financial statements, despite this information being readily available.  …
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4 November 2017
Taxation Update - November 2017
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. Reporting of transfer balance account i…
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29 October 2017
9 Income Tax Concessions for Small Business.
1. Simpler depreciation rules – instant asset write-off
Assets that are less than $20,000 can be written off immediately.
2.&nbs…
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11 October 2017
Taxation Update - October 2017
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. No small business tax rate for passive …
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8 October 2017
What are some of the benefits of Small Business Concessions?
Small businesses can access a range of concessions including payment and reporting options. This applies to sole traders, partnerships, companies or trusts.&nbs…
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28 September 2017
Deductions that you can claim - The Australian Taxation Office (ATO) provides guidance on what deductions can be claimed as an individual tax payer or as a business.
As an individual tax payer, you are entitled to claim certain deductions. The Australian Taxation Office (ATO) has provided some guidance on what you can …
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17 September 2017
What is Single Touch Payroll?
Single Touch Payroll (STP) is a new reporting system introduced by the Australian Taxation Office (ATO) which comes into effect by 1 July 2018 for organisat…
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26 August 2017
How do I access the Small Business Income Tax Offset?
The Small Business Income Tax Offset (also known as the unincorporated small business tax discount) can reduce your personal tax bill by up to $1,000. …
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14 August 2017
Taxation Update - August 2017
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. ATO warning regarding work-related expe…
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18 July 2017
Why are the Australian Taxation Office (ATO) are remitting / refunding Failure to Lodge Penalties (FTL).
Due to the problems that the Australian Taxation Office (ATO) has had with its systems and the issues that this has caused with Accounting and Taxation Practice…
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