Have you taken an Odometer Reading for FBT?
Remember to take an odometer reading for the fringe benefit tax period ending March 31st.
#FringeBenefitTax
What’s the Deal with Working from Home?
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to use a […]
5 signs you’re undercharging
Are you undercharging for your fees? We’ve got the five warning signs that can help you diagnose whether your prices are too low.
#Pricing
Business plant and equipment: Buy or lease?
Buying vs leasing – which one is best for business equipment and plant? How can you figure out the best choice for your situation?
Understanding Your Breakeven Point
Do you know your business breakeven point? Knowing how much income you must generate to cover all fixed and variable costs means you can make better business plans and financial decisions for long-term sustainability and profit.
Your Q3 2023 Deadlines for the Diary
The ATO lets us have a little more time for December lodgments, but you’ll still need to plan for paying your BAS and super soon! Talk to us about getting organised for the first ATO lodgments and payments of 2023 and make the start of the year easy.
Your December quarter superannuation guarantee contribution is due soon
Review your superannuation reports now for your quarterly superannuation guarantee contribution, which is due soon.
We can help with your super set-up and prepare the SG contribution and SuperStream lodgement.
#tax #smallbusiness
Holiday cashflow for your small business
Leading up to the holiday period, is your business cash flow in good health to carry you through? This time of year can be hard on small business. Make a plan early to ensure healthy cashflow over the holidays. #cashflow #smallbusiness
Christmas Parties and Presents – and Tax!
Planning a Christmas party? Giving gifts to clients and suppliers? Paying a Christmas bonus? Talk to us to see if you can claim all or part of the cost as business expenses. Don’t get caught out by tricky entertainment rules!
Why are ATO credits and refunds being offset?
The ATO has reached out to small businesses who may have recently received a letter advising that they have a debt on hold and any credits or refunds would be offset against this debt. As a result, such a small business may find that their refund or credit is […]