Blog tagged as Management

From 1 July 2022, new electric vehicles under the luxury car limit will be exempt from fringe benefits tax. This means that an electric vehicle under $84,916 can be salary packaged for a substantial tax benefit.

Do you operate a trust for investment or business purposes? Trust management can be complex but worthwhile to protect assets, streamline the tax return process and maximise allowable deductions. Talk to us about how we can help manage your trust.

Do you offer your employees benefits in addition to salary and wages? If so, you may need to report FBT. Fringe benefits can help employees reduce their taxable income but you need to take care of the admin. Get in contact to learn more.

Do you fully understand the impact of your business activities on your cash flow? Your cash flow statement can give you great insight into business operations. Book a session today to examine your financial reports.

Not sure if you’re earning personal services income or conducting a personal services business? Special rules apply to PSI. Talk to us and we’ll check the type of income and ensure you are claiming the maximum allowable deductions and not being overtaxed.

If you are being kept up at night considering major challenges to your business and what to do about them, get in touch. We are here to help.

Do you know when your business should register for GST? If you're not charging GST, check your income to know when to register with the ATO. Most businesses must register at $75k, but there are special rules for some. Talk to us to get set up.

Australia Weekly Digest - 9 June 2021

Australia Weekly Digest - 2 June 2021

Here are a few simple tips for successfully welcoming your new hires.

Find creative ways in attracting skilled employees in a small talent pool and see if you need professional assistance in this area.

If your business is struggling to stay afloat, read on to find out how this change can ease pressure on your situation.

Find out why video communication is more effective, practical and efficient.

Find ways to increase your knowledge by networking with experts in your field regardless of location.

Read on to learn how to maximize your marketing budget and keep your customers engaged.

Find out tips on how to prepare for future outbreaks and manage your business well during a crisis.

Learn how to add more value to your business by making it attractive to potential buyers.

Are you spending more money than you are making? Find out how you can review your business carefully and honestly to find actionable solutions.

Find tips on how to manage franchising if you are considering this as a means to grow your business.

Read on to find out why high sales does not equate to profitability and see if you need professional help in assessing the profitability of your business.