Debt-Free: Tips for Small Business Owners
Becoming Debt-Free: A Guide for Small Business Owners Managing debt can be one of the most stressful challenges for small business owners. While it might feel overwhelming, there are practical steps you can take to regain control. With the right strategies and support, you can handle debt effectively, cope with the associated stress, and steer […]
Party, Presents – and TAX! Oh My!
Celebrate Smart: FBT and Tax Considerations for End-of-Year Parties and Gifts When the end of the year approaches, business owners often look forward to hosting work parties and giving gifts to show appreciation to their teams. While these gestures foster camaraderie and recognise hard work, they come with tax obligations that should not be overlooked. […]
The Medicare Levy and Medicare Levy Surcharge
Demystifying the Medicare Levy and Medicare Levy Surcharge Navigating the Australian tax system can feel overwhelming, particularly when it comes to the Medicare levy and Medicare levy surcharge (MLS). These charges play an essential role in funding public healthcare and influencing private health insurance uptake. Let’s unpack these topics and help you understand who they […]
Compassionate Early Release of Super: Key Insights
Exploring Compassionate Early Release of Super: What You Need to Know Superannuation is meant to secure your financial future in retirement. However, life’s challenges can sometimes demand immediate solutions. For Australians facing genuine hardship, the compassionate early release of super offers a critical lifeline. This option enables individuals to access their superannuation to address urgent, […]
Boost Your Super with Salary Sacrifice
Salary Sacrifice and Your Super: Boost Your Retirement Savings Building a healthy superannuation balance is one of the best ways to ensure financial security in retirement. If you’re looking to grow your super faster, salary sacrificing can be a smart and tax-effective strategy. But how does it work, and is it right for you? Here’s […]
Is Your Business BAS-Ready? Avoid Deadlines Stress
Is Your Business BAS-Ready? Stay Ahead of Deadlines and Avoid Stress Running a business means wearing many hats, and staying on top of your Business Activity Statement (BAS) is one of them. If your business is registered for GST, lodging your BAS on time is a must. But being BAS-ready doesn’t have to be stressful—it’s […]
Payday Super: Key Changes for Employers
Payday Super: What Business Owners Need to Know to Stay Compliant Superannuation obligations are about to change, and employers need to prepare. The Federal Government has announced an overhaul of the superannuation guarantee (SG), known as payday super. From 1 July 2026, employers will need to pay SG contributions on the same day as their […]
IT & Cyber Security: Essential Policies & Procedures
Safeguard Your Business: The Essential Guide to IT and Cyber Security Policies and Procedures In today’s digital age, businesses rely heavily on technology to operate efficiently. From computers and emails to online transactions and remote work, IT is at the heart of modern business operations. With these benefits come significant risks, especially in the realm […]
Smart Record-Keeping to Maximise Your Tax Return
Maximising Your Tax Return Benefits with Smart Record-Keeping Strategies Accurate record-keeping is the backbone of a strong tax return strategy. Whether you’re a business owner or an employee, keeping comprehensive financial records can lead to significant tax return benefits, such as identifying more deductions and lowering your taxable income. With the right approach, you can […]
How to Avoid Tax-Time Shock
Avoid Tax Shock: Simple Steps to Keep Your Finances in Check Tax time can be stressful, but avoiding an unexpected tax bill doesn’t have to be difficult. With a few proactive steps, you can keep your finances on track and prevent the dreaded tax shock. Whether you’re an employee, small business owner, or juggling multiple […]