Blogs & Resources
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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16 February 2020
Taxation Planning - Selecting an appropriate tax vehicle.
Choosing the correct and most appropriate business structure is a very important part of the due diligence in setting up a business.There are many examples in t…
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16 February 2020
Taxation Planning – Diverting Income
Diverting income is another widely used and effective means of minimising your taxation liability.Using a Discretionary (Family) Trust can prove to be very effe…
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14 February 2020
Taxation Planning – 6 ways of increasing your business deductions.
Increasing your business deductions is another widely used and effective means of minimising your taxation liability.Some of the areas to consider include:1. &n…
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13 February 2020
Taxation Planning – 8 ways to reduce your assessable income.
Reducing / deferring your assessable income is a widely used and effective means of minimising your taxation liability.Some of the areas to consider includ…
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7 February 2020
Taxation Update - January & February 2020
Please subscribe to our newsletter for our latest taxation update, where the following topics are discussed:Lifestyle assets continue to be an ATO audit targetD…
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2 February 2020
Chasing the Chimera.
When it comes to improving your business for many owners it seems like they are chasing the Chimera. However, from a financial perspective, if you focus o…
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21 January 2020
Is your Business Locked Up?
Lockup is the combination of your Work In Progress (WIP) and Debtors. It can also be expressed in days - the amount of days taken to convert your WIP and …
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16 January 2020
Cash is King!
We have all heard the term ‘cash is king’ and a business survives on its cash not profit.The Cash Conversion Cycle (CCC) measures the total number o…
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14 January 2020
Can home to work travel be claimed as a tax deduction?
Normally home to work travel for an employee is not tax deductible as it is deemed private travel. However, it is possible for an employer to make the empl…
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8 January 2020
Reduce your tax - 9 things to consider for 2020 tax planning.
Businesses and Individuals should be reviewing their affairs to ensure the best possible tax outcome for the 2020 financial year.9 areas to consider:1. &nb…
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2 January 2020
New year’s resolutions. Improve my business.
Most businesses would like to improve in the following areas:Revenue GrowthProfit ImprovementCash flow ImprovementIt is then a matter of identifying Key Perform…
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29 December 2019
Critical Sucess Factors (CSF) for your business.
A Critical Success Factor (CSF) is something that is required to be acheived for a business or organisation to succeed.CSF need to be: Vital to your success and…
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22 December 2019
Tax Tips for Christmas.
Some useful tax tips for businesses for Christmas.Are gifts to clients / customers tax deductible?Can I claim my Christmas party as a tax deduction and what are…
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12 December 2019
Giving Employees Gifts at Christmas Time.
Generally, the most tax effective outcome when providing Employees with gifts is to ensure that the following is adhered to:1. The gift is less than $300, Goods…
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10 December 2019
What can your Gross Profit Margin will tell you about your business?
The Gross Profit Margin is a common but often overlooked calculation for business. The Gross Profit is calculated as follows:Sales or Revenue less Cos…
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