Tax season stress usually stems from uncertainty, not the tax itself — and that's the gap RBizz Corporate Accountants exists to close for Australian businesses.
Once combined income crosses a set threshold, an additional tax applies to concessional super contributions — and business owners drawing a mix of salary, dividends, and business income are more exposed than they often realise.
Buying equipment, vehicles, or technology is a normal part of running a business — but the timing and structure of that purchase can significantly affect how quickly you get a tax benefit from it. The instant asset write-off is one of the more well-known small business tax concessions, but it's a...
Many Australian businesses undertaking genuine technical problem-solving never realise they qualify for the R&D Tax Incentive, assuming it's only for labs and tech startups.
The tax consequences of selling or handing over a business depend heavily on timing and structure, not just the final deal. This guide covers the main succession pathways, how CGT concessions factor in, and why advance planning delivers far more options than a last-minute exit.
Consolidating a company group for tax purposes can simplify compliance and unlock benefits like loss offsetting, but the election is generally irrevocable and carries joint liability risk.
Realising a mistake after lodging a tax return is more common than most business owners think — and usually fixable, provided it's within the amendment period. This guide covers when amendments are possible, how the process works, and why acting early matters more than the mistake itself.
Running multiple related businesses can trigger payroll tax grouping, combining their wages against a single threshold even if each entity looks compliant on its own. This guide explains what triggers grouping, why it's often missed, and how to check your exposure across states.
The ATO rarely audits at random — it relies on benchmarking, data matching, and consistency checks to flag returns. This guide breaks down the most common audit triggers and the recordkeeping habits that keep your business defensible if you're selected.
A tax bill you can't pay in full feels alarming, but the outcome depends almost entirely on how early you act. This guide covers what actually happens if payment is late, the ATO's payment plan options, and the steps to take before — not after — the deadline passes.
Informal money movements between a company and its directors can accidentally trigger Division 7A, turning a simple withdrawal into taxable income at the director's personal rate. This guide explains what triggers it, how to structure a compliant loan, and why the fix depends on timing.
Many Australian businesses overpay tax simply because they miss deductions they're already entitled to — from home office costs to superannuation timing. This guide covers the seven most commonly overlooked deductions and why they're worth reviewing before your next lodgment.
Tax season obligations differ significantly depending on whether you operate as a company, partnership/trust, or sole trader. This guide breaks down what each structure needs to prepare, watch out for, and lodge — with a practical checklist that applies across all three.
Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment? Talk to us about how we can work with you to support your ongoing business profitability.
Do your sales revenue figures give you a true indication of your profitability as a business? We give you the lowdown on the difference between sales revenue and net profit.
Modernizing your business through digital accounting and automated payroll is the most effective way to reclaim time spent on tedious administrative tasks.