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Articles by McKinley Plowman

Client Case Study | Evan Cunningham-Dunlop

July 20th, 2023

When Perth-based entrepreneur Evan Cunningham-Dunlop needed a partner to help guide him during a period of intense business growth for Living Online in 2011, he turned to McKinley Plowman. Now 12 years later, his business interests have expanded to include national property publication The Property Tribune, specialist SEO agency Perth SEO Studio, and the soonread more

Forecasting for Business Growth

June 9th, 2023

In the business world, knowledge is a powerful asset. While we can't rely on a crystal ball for predictions, it is undeniably important to forecast the financial performance of your business. In fact, forecasting should be an integral part of your operational strategy. Successful business owners recognise the value of historical data, strategic planning, andread more

Another ATO Rental Property Crackdown

May 5th, 2023

Just as they did in 2019, the ATO are launching a campaign to target rental property owners who incorrectly report income and expenses. Data-matching efforts have identified a tax gap of approximately $1 billion, and unsurprising are looking to recoup those funds. Financial institutions are now obliged to share data with the ATO, and thereread more

Post-Festive Season Budgeting: Start 2023 on the Right Financial Foot

December 13th, 2022

Exceeding your budget during the festive season isn’t unusual – as we've covered in an article in January 2020: Getting Back on Financial Track Post-Christmas. While many can eventually get on top of their debt, and financial stress and uncertainty about the year ahead isn’t unmanageable, but imagine how great you’ll feel if you takeread more

Differentiating Between Repairs & Maintenance and Capital Improvements

July 18th, 2022

With tax time upon us, many individuals, business owners and their accountants are looking at which expenses can be deducted from last financial year’s tax return. An important part of this endeavour is to ensure that you can accurately determine whether work done on an investment property, business premises, plant, machinery or tools falls underread more

Making Good Financial Decisions at a Young Age

September 10th, 2021

Our society's youth - rarely does the mention of this demographic spark visions of careful financial management and wise decision-making. But why not? There is no reason people can't begin to lay the foundations for a viable wealth creation strategy from a young age, and education and planning and good financial decisions are the more

Demystifying the Employee vs Contractor Confusion

September 3rd, 2021

Finding employment solutions for your business is a challenge - sourcing the right person, with appropriate experience, at a fair wage, isn't always easy. Furthermore, classifying your workers correctly as a contractor or employee may not always be clear when you're recruiting for a role, and is an area where many businesses have been caughtread more

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