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Articles by Ben Teti

Understanding the Closing Loopholes Bill (No 2)

March 7th, 2024

Australia's employment landscape is on the cusp of significant transformation with the recent passage of the Closing Loopholes Bill No 2 through the Senate on 8 February. Aimed at tightening the reins on workplace practices, this legislation brings to the fore new protections for employees, casual and gig workers, along with a revised legal definitionread more

Gearing an Investment Property in 2024

January 10th, 2024

The virtues of ‘Positive Gearing’ versus ‘Negative Gearing’ regarding property investment can spark debate and confusion, often without those involved in the conversation having much concrete knowledge about the topic. What’s more, property investors can have unique circumstances and goals. What is important to know, though, is how to make the most of gearing –read more

Simplify Your Business’ Tax and Compliance in 2023-2024

August 9th, 2023

No matter what business you run, being an entrepreneur can be challenging, exciting, daunting, and even overwhelming at times – and that’s just in day-to-day operations, let alone the tax and compliance requirements required to keep everything above board. The shifting landscape of tax and compliance legislation can make it tricky to stay on topread more

Operating Rhythm – Your Business’ Key to Consistency

October 12th, 2022

As a business owner, you’ll know better than anyone that in a complex and ever-changing world, it can be difficult to keep on top of everything. Keeping your customers happy, motivating & retaining staff, generating leads, monitoring the business performance, paying bills, taking care of your bookkeeping and compliance requirements – all of these tendread more

Update – ATO Electronic Correspondence and Communication Preferences

November 19th, 2021

You 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

Benchmarking – How Does my Business ‘Stack Up’?

July 27th, 2021

Have 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, 2021

The 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, 2021

As 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

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