Joe Hockey wants to be your friend and he has certainly delivered to small businesses in last night’s budget announcement! The generous concessions announced are aimed at empowering small businesses just like yours to “invest, grow and create jobs”. Your annual business turnover needs to be less than $2million to be eligible for the following […]
Tax
3/4 of the financial year has already gone! How has your business gone?
Can you believe that 3/4 of the financial year has already gone? I certainly trust that business has been good and you have been achieving the goals that you set back in July. I would like to get a “virtual hands up” from those businesses that know what there profit has been for the 8 […]
As the clock strikes 12 on NYE, are you going to be up for land tax?
As the clock strikes 12, champagne corks will be popping and taxes should be the furthest thing on your mind ………. However if you own property in NSW other than your principal place of residence (a block of land, a unit, a house, a holiday house) at midnight on the 31 December you may find yourself […]
How can my tax records be saved electronically?
This is a great question that I received during the week from a client and I thought that I would share my response in this blog. The ATO require that documents required to substantiate your tax claims must be kept in either written or electronic form. If you make paper or electronic copies, they must be a […]
Time for a spring clean of your office?
I bet you have either started or at least thought about spring cleaning your house, your wardrobe, your garage, but have you thought about spring cleaning your office? Well I have just been through this process and it is amazing at just how much decluttering and re-organisation I have done in very little time. […]