Blog tagged as Small Businesses

Tax planning is about making proactive, smart decisions to reduce liability while staying compliant with the ATO. From instant asset write-offs to structuring reviews, these five strategies help SMEs save money and strengthen long-term growth.

Strong profits don’t always mean strong cash flow. By forecasting, managing debtors, and leveraging financing options wisely, businesses can maintain liquidity, seize growth opportunities, and stay resilient through challenges.

Strong profits don’t always mean strong cash flow. By forecasting, managing debtors, and leveraging financing options wisely, businesses can maintain liquidity, seize growth opportunities, and stay resilient through challenges.

A bill amending the Income Tax (Transitional Provisions) Act 1997 to extend the $20,000 instant asset write-off until 30 June 2026 has been introduced to parliament.

Cash is King. To work out how fast you can grow your business, you need to look at your projected cashflow. Talk to us. We are here to help.

Research from MYOB shows nearly half of Baby Boomer business owners are planning to exit in the next 1 to 5 years. But do you have a succession plan in place to guide this exit?

A business cash flow forecast will give you vital business intelligence to help you scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow position. Find out how it can help your business.

The ATO’s September 2025 update highlights crucial lodgement deadlines and renewed compliance focus on rental deductions, gig income, cash, and GST. Businesses that act early and keep records clean will avoid penalties and stay ahead.

MYOB’s 14 accounting tips highlight the importance of strong financial habits for small businesses. From reconciliations to planning for growth, these steps ensure compliance and sustainable success.

The ATO is tightening debt enforcement and compliance rules in 2025, making early engagement and strong record-keeping critical for small businesses and tax practitioners.

The ATO’s updated Tax Time toolkit is your 101 guide to business taxes. We’ve summarised the key resources you can find in this toolkit, with links to the ATO site.

Aiming to provide better retirement outcomes for employees, from 1 July 2026, employers will be required to pay their employees super at the same time as their salary and wages.

Are you undercharging for your fees? We’ve got the five warning signs that can help you diagnose whether your prices are too low.

The one-person, billion-dollar business may soon become a reality. But what are the pros and cons of a one-person, solopreneur business model? We have the lowdown on the AI model.

Core values define your business's identity and uniqueness. Focusing on distinct values that reflect your purpose and sharing and embodying these values fosters a stronger workplace culture and enhances relationships and results.

The Reserve Bank of Australia has lowered interest rates. What does a drop in interest rates mean for you, your business and your financial opportunities?

Your customers are one of your most valuable assets. But how often are you talking to customers and asking for their feedback? Here are 5 ways to improve your customer service.

If you’ve recently started a business in Australia, understanding BAS (Business Activity Statement) is crucial to meeting your tax obligations and staying compliant with the ATO.

The new financial year has begun, which means it is now time to wrap up the 2024-25 financial year, here is a list of changes and rates that you will need to be aware of for your business in preparation for the 2024-25 tax return.

We’ve got 5 simple ways to get more from your finances – by embracing the latest in digital accounting and finance apps.