Business
How to identify and choose the right business structure
4 April
All successful businesses depend on a solid and dependable structure. While you can always work it out as you go, improvisation in the business world is inefficient, highly risky, and likely to lead to failure. Getting the right systems in place...[Read More]
Right to disconnect laws pass federal parliament
15 February
Employees will now have the right to disconnect from work out of hours, after industrial relations changes passed parliament. Under the workplace reforms, employees will have the right to ignore unreasonable calls and emails outside of their...[Read More]
Tried-and-Tested Tax Planning Strategies for Small Businesses
7 December
Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. Â With a small business tax planning strategy, you can increase profits...[Read More]
Businesses slam workplace changes as bill clears House
30 November
Business and industry groups are urging the Albanese government to go back to the drawing board on industrial relations laws after they cleared their first hurdle. The laws, aimed at closing labour hire loopholes, went through the House of...[Read More]
Five âMust Dosâ for Employees Who Want to Become Business Owners
12 October
Are you ready to make the jump from employee to business owner? While starting your own business can seem daunting, there are lots of things you can do to improve your chances of success. Having an experienced mentor with an accounting background...[Read More]
Stress, Time, and Money: The Impact of Commercial Legal Disputes
5 October
In the complex world of business, commercial disputes are a common occurrence that can be both challenging and draining. Whether it involves a disagreement between two businesses or an issue with a supplier or client, commercial disputes are never...[Read More]
The importance of personalised advice in navigating ambiguous information
31 August
In an era saturated with information, the need for personalised advice tailored to an individualâs unique financial situation is paramount. Whether itâs in the business world, investment markets, or personal finance, we are bombarded with advice...[Read More]
Building the right business structure for success
10 August
Establishing a successful business relies heavily on laying a solid foundation through a well-structured framework. Making hasty decisions or improvising along the way in the business world can be inefficient, fraught with risk, and potentially lead...[Read More]
Calls for clarity after workplace law change confusion
2 August
Businesses are asking to be kept in mind as the federal government mulls a shake-up of employment laws. The âsame job, same payâ legislation will plug a gap that allows businesses to negotiate an agreement with workers, then pay labour hire a...[Read More]
Leveraging Your Accountant or Adviser as a Mentor for Your New Business
20 July
Starting a business is an exciting yet challenging endeavor. As an entrepreneur, you need to navigate various systems and processes while minimising errors and maximising success. To gain a competitive edge and make informed decisions, establishing...[Read More]
Tax office targets working from home deductions
15 June
The fixed rate method for calculating your deduction for working from home expenses has been revised. The revised fixed rate method is $0.67 per work hour and available from 1 July 2022. The fixed rate method has been revised to: increase the...[Read More]
New workersâ bargaining scheme gets first big test
7 June
Laws allowing workers from different businesses to band together to challenge for higher wages will undergo their first test in the childcare sector. Unions representing staff from 20 early childhood education providers across NSW, the ACT and...[Read More]
Determining the Right Business Structure (from day one)
18 May
All successful businesses depend on a solid and dependable structure. While you can always work it out as you go, improvisation in the business world is inefficient, highly risky, and likely to lead to failure. Getting the right systems in place...[Read More]
Overview of record-keeping rules for business
11 January
You are legally required to keep records of all transactions relating to your tax and superannuation affairs as you start, run, sell, change or close your business, specifically: any documents related to your businessâs income and expenses any...[Read More]
Determining the Right Business Structure
5 January
All successful businesses depend on a solid and dependable structure. While you can always work it out as you go, improvisation in the business world is inefficient, highly risky, and likely to lead to failure. Getting the right systems in place...[Read More]