partners for life
Posts Tagged ‘accounting’
WA Budget 2025: Powering Battery Manufacturing Through Grants and Loans
July 16th, 2025Western Australia is charging ahead with its clean energy transition, and the 2025–26 WA State Budget puts battery manufacturing front and centre with grants and other incentives. With $50 million allocated specifically to support local battery manufacturing, and billions more across the broader renewable energy ecosystem, the Cook Government is giving WA businesses a uniqueread more
2025 End of Financial Year Business Preparation
June 13th, 2025At this time of year, we find ourselves having regular discussions with clients about best business practice for 2025 End of Financial Year preparations. This can include end of year payroll, transitioning to cloud-based software for the first time, changing software providers, or simply reviewing data file accuracy. A proactive approach and mindset are keyread more
How to Grow Your Business – Five Key Focus Areas
May 14th, 2025For the vast majority of business owners, the goal for the first few years is to achieve stability – predictable cashflow, a steady stream of customers and new business, and certainty around the future. Once things have stabilised, some take a breather and rest on their laurels. Others look to take active steps towards buildingread more
Equipment Finance – EOFY Deductions Await!
April 23rd, 2025As the end of financial year (EOFY) approaches, Australian business owners are presented with a strategic opportunity to enhance their operations and optimise their tax position through equipment finance. Financing new equipment or vehicles is not only a pathway to modernising and increasing the efficiency of your business but can also provide significant tax advantagesread more
The Clock is Ticking on Instant Asset Write-Offs
March 20th, 202530 June 2025 marks the end of Instant Asset Write-Offs of up to $20,000 per business asset… Are you operating a small business? Have you opted to use the simplified depreciation rules? If so, the approaching deadline of 30 June 2025 to enjoy instant asset write-offs means you need to move quickly to secure thisread more
2024-25 Fringe Benefits Tax (FBT) – Is Your Business Compliant?
March 7th, 2025The 2024-25 FBT Year ends on 31 March 2025… Attracting and retaining the best employees for your business is important - and many find that providing extra frills beyond traditional remuneration packages can be a great incentive to choose your business over another. A potential downside to this is that certain benefits may attract Fringeread more
Selling a Business in WA: Your Guide to Success
November 15th, 2024Selling a business in WA is a significant step and often one of the most pivotal moments for business owners. With McKinley Plowman’s extensive expertise in business transitions, this guide will walk you through every essential step, from early preparation to final transfer. The goal is to ensure your sale process is smooth, profitable, andread more
Business Benchmarking – How Does Yours ‘Stack Up’?
July 26th, 2024Business Benchmarking – How Does Yours ‘Stack Up’? Have you ever wondered how your business ‘stacks up’ against other 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?read more
Thinking about becoming a client?
Book your free, no obligation consultation right now via our online booking system or get in touch to find out more
Already a client and want to get in touch?
Send us an email via our enquiry form or give us a call today