Concerned about the upcoming 15 May deadline and lack of contact from your accountant? The ATO offer a deferral of lodgement due dates if you have recently appointed a new tax agent.

4 in 5 employers, globally, report difficulty finding the skilled talent they require. So, how do you find the people your business needs? Here are five ways to beat the global talent shortage.

#businessadvice #SmallBusiness

It’s critical to keep in dialogue with the ATO, even if you can’t address the debt yet.

Should you buy a commercial premises for your business and say goodbye to your landlord? Or is the flexibility of leasing more valuable? We consider the pros and cons.

As a small business owner, trying to chase payments while not annoying your clients can be a challenge. Here are 5 tips for getting those outstanding invoices paid while maintaining good relationships.

Do you have a plan for where you’re heading with your business? It’s not too early to think about your exit strategies.

Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment?

Talk to us about how we can work with you to support your ongoing business profitability.

Talking about your tax planning is incredibly important. Book a tax-planning session to help you plan out your tax liabilities and keep the business in a positive cash flow position.

#tax #accounting

Do you check your supplier ABNs? Correct tax codes are essential for getting GST on the BAS right.

Now is a good time to review supplier ABNs and GST status.

Get in contact, and we’ll make sure you’re not paying more GST than you need to.

Need to rein in your expenses? We’ll review your current costs, find the expenses that could be cut and provide a proactive spend management programme to reduce your spending.

#businessadvice #SmallBusiness #SmallBiz #SMB #expenses

Here we outline the 5 biggest mistakes we see clients making and how to avoid them.

#businessfail #taxproblems #soundadvice #livetolearn

Tax may be boring, but smart use of tax planning is a superb way to help your company do more with your money.

#tax #accounting #businesstips #tax #taxplanning

Working from home may mean you are incurring extra costs for power, internet and other work-related expenses. Are you claiming these expenses? Due to Covid-19, the Commissioner has introduced additional methods to calculate your claim for work from home expenses.

The Director Identification Number (DIN) regime has been passed by parliament and is now law. Under the new law, all directors of companies registered under the Corporations Act 2001 will need to have one unique identifier.

In May 2021, the ATO announced a new data matching program with property management software providers.

Do you use income splitting to reduce tax? The ATO is changing rules around income splitting and is checking taxpayers who may have high-risk agreements.

Are you making the most of allowable tax deductions? Individuals can claim for general work-related expenses as well as occupation-specific expenses and working from home. Book a time now to prepare your 2021 tax and we’ll help maximise your return.

Have you bought and sold shares this financial year? Share trading is easier than ever but you still need to include details on your tax return. Talk to us about your shares holdings so we can maximise your return.

Do you want to understand more about PAYGI and PAYGW? If you’re new to business or going to employ people, you’ll need to withhold income tax payments for employees and plan for income tax payments for your business. Book a tax planning session today.