Golden Insights
Browse our catalogue of golden insights answering you tax and accounting questions. Know what you are looking for? Seach keywords here:
Superannuation Rate Rises in July to 11.5%
Superannuation Rate Rises in July to 11.5% In July 2024, the superannuation guarantee statutory rate rises to 11.5%. Annually, the rate is increasing by 0.5% until July 2025, when it will reach the legislated 12%. Prepare Now for the July Rate Rise Review your current...
Truck Drivers Expenses: Understanding Reasonable Costs
Understanding Reasonable Expenses for Employee Truck Drivers Employee truck drivers often face unique challenges when it comes to claiming deductions for work-related travel expenses. The Australian Taxation Office (ATO) provides guidelines on what constitutes...
Well-being in the Workplace
A Guide to Promoting Mental Well-being in the Workplace: Resources and Strategies for Employers Supporting and promoting health and well-being in the workplace is essential for staff and business owners alike. Providing a physically and mentally healthy workplace is...
Wage Deductions: Understanding What’s Acceptable
Understanding Wage Deductions: When is it Acceptable? Are you an employer in Australia wondering about wage deductions? Understanding when it is acceptable to deduct wages can be a complex issue. Wage deductions are generally only permitted in specific circumstances,...
What Determines Your Business Worth?
What Determines Your Business Worth? For small business owners, their business often represents their largest asset and a key component of their retirement plans. But have you ever wondered how much your business is really worth? Understanding the factors that...
Boosting Small Business Productivity
Boosting Small Business Productivity: Insights and Strategies In this dynamic world where every decision counts, finding ways to boost small business productivity can be a game-changer. If you're aiming to boost profits, lower costs, or invest more in your staff,...
‘P’ is for Purpose not Profit
'P' is for Purpose not Profit: Understanding Your Business's Purpose When you start a business, it's crucial to know why it exists. It's not just about making profit; it's about why your customers need you - your purpose. You should be able to sum up your business's...
Cryptocurrency Taxation: Unraveling Australia’s Laws
Decoding Cryptocurrency Taxation: Unraveling Australia's Tax Laws Cryptocurrency has become increasingly popular in recent years, with more and more people investing in digital assets like Bitcoin and Ethereum. However, with this rise in popularity comes the sometimes...
Accounting Basics: Profit & Loss Statement
Accounting Basics: Decoding your Profit & Loss Statement Are you struggling to understand your Profit & Loss statement in Australia? Look no further! In this ultimate guide, we will decode your P&L statement and provide you with everything you need to...
The Bookkeeper: Essential for Your Small Business
The Bookkeeper: Essential for Your Small Business Running a small business can be overwhelming - you wear multiple hats and juggle countless responsibilities. With so much on your plate, keeping your finances in order can easily be pushed aside. This is where a...
Buyer’s Agent: Key to Property Investment Success
The Buyer's Agent: Key to Successful Property Investment Are you considering property investment in Australia? If so, you've likely come across the term 'buyer's agent' in your research. But what exactly does a buyer's agent do, and how can they help you achieve...
Maximise with Tax and Financial Planning Strategies
The Power of Combining Tax Planning and Financial Planning Are you looking to maximise your wealth in Australia? If so, then you need to harness the power of combining tax planning and financial planning. Whether you're a business owner, an investor, or an individual...