Accounting
New Year Cash Crunch
All North Queensland small businesses know the start of the year always creates a cash crunch. A combination of the holiday break, a slow start
February 13, 2019
All North Queensland small businesses know the start of the year always creates a cash crunch. A combination of the holiday break, a slow start
Benefits of record keeping A common question we are asked by clients is….. How long do I need to keep my records for? While we
I was lucky enough to spend some time in Vietnam earlier this month on a business trip. I was there to assist a client with
When asked by that trusting friend/colleague to join them as a Director in their company…. Are you aware of the responsibilities that you are signing
It’s important to take the time to understand what expenses you are entitled to claim against your taxable income and remember that spending the money
Recent legislative changes have now restricted the ability to claim certain rental property expenses. There are two main items where tax deductibility have been significantly
As the end of financial year fast approaches, clients are reminded to consider their tax planning strategies to ensure prompt action is taken before the
30 June is fast approaching! With that in mind, now is the opportune time to plan for the 2018 Tax Year, so that you are
By now, nearly everyone has heard of Bitcoin, the cryptocurrency that started them all. When Bitcoin reached approximately $20,000 AUD in December 2017, I don’t
Cyber criminals are becoming increasingly sophisticated, and tax professionals and businesses are being targeted more frequently through emails, links, attachments and other online communications.
Each year, many companies may receive letters or emails regarding their annual company review and ASIC renewal fees.
In our last update, we outlined the six key things every business needs to know about the upcoming Payday Super changes from 1 July 2026.
Tuesdays Federal Budget, delivered by Jim Chalmers, included some of the most significant proposed tax changes seen in Australia in decades.
The Federal Government’s proposed Division 296 superannuation tax has now passed the Senate, with the legislation approved by a vote of 33 to 22.
The Federal Government’s proposed Division 296 superannuation tax has now passed the Senate, with the legislation approved by a vote of 33 to 22.
When you spend money on your rental property, not all expenses are treated the same for tax purposes. Some can be claimed straight away, while others need to be spread out over time. Getting this right is important to ensure you maximise your deductions and stay compliant.
The general interest charge (GIC) and shortfall interest charge (SIC) imposed by the ATO will no longer be tax-deductible. This change will increase the overall cost of carrying a tax debt, making it more important than ever for you to stay on top of your obligations.
The Budget leans more toward political announcements than it does toward meaningful structural reform in tax, superannuation, or other major policy areas.
In 2024, Australians reported losses exceeding $319 million due to various fraudulent activities and we have outlined the most prevalent scams from the past year and emerging threats to be vigilant about in 2025.
In today’s dynamic business environment, effective cash flow management is essential for the sustained growth and resilience of small and medium enterprises (SMEs).
It is more important than ever to keep your business secure online. The best way to do this is by putting systems and processes in place to help reduce the risk of a cyberattack and planning your response if one does occur.