Blogs & Resources
31 October 2016
What is Estate Planning?
Estate Planning is the review and advice regarding the protection of your estate and the interests of your beneficiaries in the event of your death. This in…
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28 October 2016
Taxation Update - November 2016
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. Survey for SMSFs using LRBAs
2…
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26 October 2016
Changes to the Research and Development Tax Incentive Offset
The R & D Tax Incentive Offset is designed for companies that are trying to create new knowledge. For the majority of companies this is experimental d…
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18 October 2016
More Changes to Superannuation (SMSF)
Cut to concessional contribution limits
As of 1 July 2017 the annual concessional contributions cap will be reduced to $25,000.
Currently the caps …
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14 October 2016
Changes to the Net Medical Expenses Tax Offset.
The Australian Government is phasing out the Net Medical Expenses Tax Offset between the 2014 and 2019 financial years. It will cease in the 2019 financia…
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9 October 2016
Taxation Update - October 2016
Taxation Update - October 2016
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. …
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8 September 2016
The difference between cash flow and profit?
A common thing that we hear is how can I be making a but have no cash to pay myself and my bills.
The first thing to remember is that your profit does not eq…
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2 September 2016
Taxation Update - September 2016
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:
1. Tax schemes targeting Pre - retir…
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21 August 2016
New Team Member
As a result of increased growth in recent years we wish to welcome Tanya McNamara who will be taking on a more active role in McNamara and Company.
Tanya is …
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19 August 2016
Business Health Checks
Some of the questions you should be asking of your business:
1. What is your breakeven point, i.e., how many sales do you need to generate …
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7 August 2016
The Importance of Liquidity Ratios in your business.
Liquidity ratios are important to businesses as they measure the ability for a business to pay its bills.
A business must have significant cash reserves to c…
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30 July 2016
What is your businesses’ Marginal Cash Flow Percentage?
Marginal Cash Flow Percentage is calculated as follows:
Gross Margin % - Working Capital %
It shows as a percentage what cash will be available for your ove…
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27 July 2016
What is your Businesses’ Margin of Safety?
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 mea…
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25 July 2016
The three areas that businesses want to improve in?
Most businesses would like to improve in the following areas:
Revenue Growth
Profit Improvement
Cash flow Improvement
It is then a matter of iden…
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25 July 2016
What is Debtors and Work in Progress Lock Up and how do you reduce it?
Debtors and Work in Progress Lock Up otherwise known as Lock Up is the amount of days taken to convert your WIP and your Debtors / Receivables into Cash.
It …
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23 July 2016
The importance of monitoring your Operating Expense Ratio?
Operating Expenses include the expenses that are required to run the day to day operations of the business.
It is calculated as follows: Operating Exp…
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