Blogs & Resources
7 April 2020
COVID-19 - Coronavirus Business Checklist
There has been an enormous amount of information released over recent weeks in relation to COVID-19 and the Government’s response. Below is a summary…
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1 April 2020
Tax deductions when working from home.
As a result of the Corona Virus many people are working from home. In some instances, they have no choice.Working from home may allow you to deduct part of your…
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31 March 2020
Key Performance Indicator (KPI) for Corona Crisis – Safety Margin
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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28 March 2020
Key Performance Indicator (KPI) for Corona Crisis – Cash Conversion Cycle.
Adequate cash flow is vital to the sustainability of a business, especially when the economy is weak. The Cash Conversion Cycle (CCC) measures the number …
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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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