Blogs & Resources
26 October 2021
Small Business CGT Concession – Tax Minimisation
Small business capital gains tax concessions allow the owners of small businesses to disregard or defer some of the gains they make when selling their businesse…
Learn more
18 October 2021
Cash flow and profit?
A common issue that we hear is how can I be making a profit but yet I have no cash to pay myself and my bills.The first thing to remember is that your profit do…
Learn more
18 October 2021
The ATO has extended the Work From Home shortcut method.
https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Home-office-expenses/Shortcut-method/If you would like to discuss further plea…
Learn more
9 October 2021
Taxation Update - October 2021
Please subscribe to our newsletter for our latest taxation update, our most recent newsletter covers: - Extra super step when hiring new emplo…
Learn more
7 October 2021
Director identification number
Current Company Directors have until 30 November 2022 to apply for their Director Identification Number.Please refer to the link below for more information.http…
Learn more
30 September 2021
Understanding the financial reports of your business.
Most people who own a business will have an accountant that will prepare a set of financial reports and income tax return for their business.Many of these busin…
Learn more
24 September 2021
Business Survival - What is a Business's Cash Runway?
The Cash Runway is also referred to as a Business Burn Rate.The Cash Runway is a critical Key Performance Indicator (KPI) for new or start-up businesses. I…
Learn more
18 September 2021
Valuing your business.
A common method of valuing your business is applying the maximum capitalisation rate to the net business earnings. Sometimes, Earnings before Interest, Ta…
Learn more
7 September 2021
Points of consideration when selling your business?
Two of the most rewarding and stressful times that you will have with your business is at the starting phase and when you go to sell.Some points of consideratio…
Learn more
2 August 2021
Taxation Update - August 2021
Please subscribe to our newsletter for our latest taxation update, our most recent newsletter covers: - Reminder of superannuation caps indexation for 2022…
Learn more
17 July 2021
Cash Support For Victorian Businesses During Lockdown
The Victorian Government will provide new cash grants for businesses affected by the short lockdown necessary to get ahead of the Delta strain, so they can have…
Learn more
16 July 2021
Payment of Dividends or Wages, which is better?
We are often asked whether it’s better for a business to pay Dividend or Wages. The following are useful points to consider:Consider when paying a dividen…
Learn more
9 July 2021
Self Managed Superannuation Funds (SMSF) - limit on members to be increased from 4 people to 6.
LinkIf you would like to discuss further please contact us:McNamara & Company - Chartered Accountants, located minutes from the Melbourne CBDwww.mcnamaraand…
Learn more
8 July 2021
Taxation Update - July 2021
Please subscribe to our newsletter for our latest taxation update, our most recent newsletter covers:- Super guarantee contribution due date for June 2021 quart…
Learn more
1 July 2021
Happy New Year and Best Wishes for 2022.
Happy New Year and Best Wishes for 2022.McNamara & Company…
Learn more
29 June 2021
How do super contributions reduce my tax?
Making concessional superannuation contributions is an effective way to minimise your tax as we approach the end of the 2021 financial year. Typically, the…
Learn more
