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:

2019/20 Federal Budget

2019/20 Federal Budget

1. Personal income tax1.1 Changes to personal income tax ratesThe Government has proposed the following changes to the personal income tax rates: From 1 July 2022, the Government will increase the upper threshold of the 19% personal income tax bracket to $45,000. The...

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...

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...

Death and Taxes

Death and Taxes

Australian Estate Taxes - Background Death and Taxes Income tax rules as they apply to deceased Estates can be quite complex so we’ll try to run through them in an easily understandable manner below. When a person dies, their Will controls what happens to their assets...

Tax Entertainment Expenses

Tax Entertainment Expenses

Business entertainment tax deduction Back in the late 80’s, the Government became all concerned about the Corporate Fat Cats dining-out and claiming tax deductions in the guise that this was related to marketing and “doing-business”. So, they shut it down. It’s now...