News

Tax Alert - June 2021
Tax Alert June 2021 The Government is continuing to support COVID-affected businesses by extending most of its pandemic inspired tax offsets and benefits. But at the same time the ATO has micro businesses like contractors who fail to declare all their income in its sights.

Here’s a roundup of some of the key developments when it comes to tax. Read more
Is your money personality set in stone?
Is your money personality set in stone? Our upbringings hugely influence the attitudes we have towards money and our ‘money personality’. Did you observe your parents working hard to put food on the table? Was money a cause of conflict in your household? Was it spent freely, or were budgets obeyed? The money attitudes you were exposed to as a child aren’t […]
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Making your budget stick
Making your budget stick With 86% of Australians saying they don’t know what they spent last month, it’s fair to say we aren’t great budgeters.i But in many cases, the problem isn’t writing a budget per se so much as it is sticking to it over the long term. The good news is with a few simple tricks you could […]
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Become the king of your cashflow
Become the king of your cashflow You will have probably heard the expression ‘cash flow is king’ and there is no better time than the start of a new financial year to commit to smarter cash flow management in your business. There’s a reason many business owners stress a lot more about cash flow than they do about profits or building […]
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Is it tax deductible to give your clients Christmas or thank-you gifts?
Is it tax deductible to give your clients Christmas or thank-you gifts? At this time of the year it is common to provide gifts to existing clients and customers as an act of goodwill and as a thank you for their custom and support of your business. As the gift is an expense to your business it is generally considered to be a tax deduction. The ATO […]
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