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Update – ATO Electronic Correspondence and Communication Preferences
November 19th, 2021You may have caught our article a few months ago regarding the moves the Australian Taxation Office (ATO) is making in shifting their correspondence to business owners from paper-based “snail mail” to electronic formats. As the roll-out and wider adoption of these changes continues, we are seeing a few instances where information isn’t reaching theread more
Gearing Your Investment Property – How to Get it Right
August 24th, 2021You may have heard the terms ‘Positive Gearing’ and ‘Negative Gearing’ regarding property investment when speaking to your mates around the barbecue or chatting with co-workers in the lunchroom. It often causes intense debate and confusion, particularly when everyone has different circumstances and goals. So how do you make the most of gearing? In thisread more
Benchmarking – How Does my Business ‘Stack Up’?
July 27th, 2021Have you ever wondered how your business ‘stacks up’ against similar businesses in your industry? What are all the other businesses doing that may be different to yours? What if there was a way you could measure the financial performance of your business on a regular basis? All of the above questions (and many more)read more
The ATO’s Shift to Electronic Correspondence – What You Need to Know
May 5th, 2021The Australian Taxation Office (ATO) is working to move the majority of their communications with business owners from paper-based and traditional mail to electronic correspondence. While the changes are welcome from an environmental and efficiency point of view, it does require some preparation and an increased level of attention on things such as MyGov andread more
6 Key Metrics to Understand Your Business’ Financial Position
January 28th, 2021As is the case in every aspect of business, the financial side of any enterprise contains a lot of moving parts and requires not only a great deal of understanding, but a significant portion of your attention as well. While the day-to-day workload can get in the way of analysing your business’ financial position, thereread more
Driving Profit and Cash Flow in Your Business
September 11th, 2020The success of a business can be measured in a number of ways, but the bottom line, literally and figuratively, is profit. While longevity, public perception, and product or service quality are a few things that factor in, the financial health of a business will always be a critical metric in determining its value -read more
Simplifying your Business’ Tax Obligations
February 26th, 2020Starting and running your own business can be challenging, exciting, daunting, or even overwhelming at times. And that’s just in carrying out the day-to-day operations of the business, let alone the mountain of compliance requirements and paperwork required to keep everything above board. The shifting landscape of tax and compliance legislation can make it toughread more
3 Profit Growth Strategies you can Implement in your Business
September 13th, 2019No matter how established your business is, how financially savvy you are, or how competitive your industry is – every business owner has the capacity to increase profits. Sometimes, the sticking point is knowing where exactly to start, and how to practically implement profit growth strategies to see some real, tangible improvements to your bottomread more
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