Posts Tagged ‘business’
Being your own boss, making a living doing something you love, creating opportunities for other people. No matter why you might be looking to start your own business, it’s important that those aspirations are given the best chance of being fulfilled by starting off on the right foot. The often boring, but very necessary, processread more
“By failing to prepare, you are preparing to fail”. As quotes go, it’s one that applies pretty well across a range of situations we face in life and in operating a business, not the least of which when looking at business acquisitions as part of existing business growth plans. With all of the different factorsread more
Does your business employ trainees? If so, be aware that the payroll tax exemption for trainee wages has now been removed. As payroll tax is self-assessed, the onus is on you as an employer to ensure the information you provide to the government is correct, and that you comply with your tax obligations. The Departmentread more
Getting your personal finances in order at the start of the new financial year is nothing new – we even looked at that in a recent article! But what about those of us in business? Whether your 2018/19 financial year was one of your best or one of your toughest, there’s always room for improvement.read more
Starting and running your own business is exciting, challenging and, at times, incredibly busy. Best of all though, it can be one of the most rewarding things you’ll ever do. A common reason for setting up a business is because a person knows that they’re really good at something, and wants the potential flexibility andread more
Ever thought about selling on Amazon? While it may seem a daunting prospect, MP+ is starting to see success stories come through from clients who have made the leap. We’ve thoroughly enjoyed working with these clients in setting up their business structures, and planning their tax strategies to make the most of their new venturesread more
Now that Parliament has passed legislation to extend the operation of Single Touch Payroll (STP), making it mandatory for all businesses (including micro employers, 1-4 employees) from 1 July 2019, there is no longer any doubt that every Australian business needs to be ready. From your accounting software to organising your employees’ information, there areread more
When you’re running a small business, you want to make sure you’re making your money work as hard as you do. This often extends to legally minimising your tax where you can, and there are plenty of ways to do so – even from day one. Here are a few you can look for: Start-upread more
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