Business Advice

If making informed decisions and taking action is important to you and your business, then book a meeting with one of our advisors.

With involvement comes understanding. Regardless of what stage you are at, by working together “as part of your team” we can provide you with business advice to assist you in making timely and informed decisions and turning these into positive action.

Whether it is an ad-hoc request or a monthly meeting involving analysis, planning, budgeting and advice you will be confident you can contact us at any time to discuss ideas, queries, issues or opportunities.

Together we will take the time required to understand your unique needs and goals. From there we will establish the priorities and an action plan.

To ensure there are no surprises, the cost and scope of our involvement will be clarified up-front.

Our resources, diverse range of experience and network will provide you with a practical independent perspective and clarity.

We can help you:

2020/21 Federal Budget

2020/21 Federal Budget

1. Personal income tax changes 1.1 Changes to personal income tax rates The Government has announced that it will bring forward changes to the personal income tax rates that were due to apply from 1 July 2022, so that these changes now apply from 1 July 2020 (i.e.,...

It’s time to get ready for Single Touch Payroll

It’s time to get ready for Single Touch Payroll

It's time to get ready for Single Touch Payroll Originally published by ATO.Single Touch Payroll – Are you ready?? From 1 July 2019, there will be major changes in the way all employers report employee obligations to the Australian Taxation Office with the...

Financial Reporting Requirements QBCC Licence

Financial Reporting Requirements QBCC Licence

FINANCIAL REPORTING REQUIREMENTS QBCC LICENCE From 1 January 2019, the documents required to fulfil the QBCC licence financial reporting requirements changed. Are you ready? The main QBCC minimum financial reporting requirements changes 2019 are: Businesses with sales...

What is Fringe Benefits Tax – FBT

What is Fringe Benefits Tax – FBT

Fringe benefits tax definition Fringe benefits tax (FBT) is tax levied on employers based on the value of extra payments or benefits provided by employers to employees and their associates over and above wages and superannuation payments. The fringe benefits tax...

Hospitality Industry Tax – Bars, Café, Restaurant taxes

Hospitality Industry Tax – Bars, Café, Restaurant taxes

Hospitality Industry, Bars, Café, Restaurant taxes Accounting for Stock Most Small/Medium Enterprise(SME) businesses’ account for stock or inventory on a periodic basis. That is, they do a physical stock-take and record inventory levels and then generally value that...

Recording the Cash Flow boost in Accounting Systems

Recording the Cash Flow boost in Accounting Systems

HOW TO RECORD THE CASH-FLOW BOOST IN YOUR ACCOUNTING SYSTEM March BAS lodgements will see the first credits and/or cash received for the cash-flow stimulus measures legislated by the Federal Government in relation to COVID-19. These measures reduce the amount of...

JobKeeper – Current information

JobKeeper – Current information

The Commonwealth Government has announced it will provide a historic wage subsidy to around 6 million workers who will receive a flat payment of $1,500 per fortnight through their employer before tax. The $130 billion JobKeeper payment will help keep Australians in...

Government Stimulus Package – Details

Government Stimulus Package – Details

Government Stimulus Package A more detailed explanation of all of the stimulus packages can be found at https://treasury.gov.au/coronavirus/businesses What has been announced and affects most of our client base is as follows: 1. PAYG withholding reductions and...

Wins, Wills and Bankruptcy

Wins, Wills and Bankruptcy

When someone becomes bankrupt their ‘divisible’ property vests in their trustee bankruptcy. Divisible property is generally all the bankrupt’s assets, except for certain classes (i.e. non-divisible property) being household items, tools of trade, means of transport to...