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...

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...

Residential Rental Property Investment Depreciation

Residential Rental Property Investment Depreciation

From 1 July 2017, the Tax Office introduced new laws limiting investors ability to claim depreciation on investment properties. The laws target ‘previously owned’ equipment (dryers, microwaves etc.), fixtures and fittings (curtains, carpets etc.). Under the new regime...

Superannuation Contributions

Superannuation Contributions

Contributions Concessional (tax deductible) superannuation contributions can be claimed as a personal tax deduction or are tax deductable to the employer entity making the payment. Please note, the concessional contribution caps include any salary sacrifice amounts,...

Directors fees, wages, drawings and superannuation

Directors fees, wages, drawings and superannuation

Directors’ Fees, Wages, Drawings and Superannuation Guarantee From 1 July 2019, changes to the law for the tax deductibility of payments of Directors’ fees will take effect. Failure to comply with these changes will prevent the payments from being a tax-deductible...

Car logbook for tax purposes

Car logbook for tax purposes

Car logbook  To claim a deduction for motor vehicle expenses the tax office requires substantiation of the business use of the vehicle. This can be documented through a logbook. The percentage of business use determines the tax deductibility of the vehicle expenses....