The Australian Taxation Office is enforcing a change from employers to provide Payroll information on their employees on a regular monthly basis. All employers will be required to ensure that their payroll providers can provide them with software that meets single touch Payroll requirements as required by the Australian Taxation Office. The purpose of the… Read More
Confused about what it means to be an Independent Contractor? Maybe you are working for a business but you want to start your own business. Maybe your employer has suggested that you could work at home, and they will change your status to that of an Independent Contractor. Before you make this change, you… Read More
Peter Bridges has a business which sells motor vehicle spare parts for a range of makes and models. The business has grown rapidly beyond Peter’s expectations and management abilities. He feels like he is on a runaway train and is desperate to streamline operations. He and his team are working very hard, yet customer satisfaction… Read More
Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim. And the process will surely be a death-defying one. A business plan is a step-by-step guide to running your business and creating a product or service that will make it successful in… Read More
After the review of self-managed super funds that we act for the purpose of 2017 tax planning, the following are the top three most frequently asked topics that clients are interested in. We hope the following info graphic will help you too!
After 40 years in the industry, May Edwards wanted to sell her small business and transition into retirement. She was a widow with no family available to support her with this transition. She had no clear plan and limited documentation to demonstrate the value of her business and its growth potential. Problem Her problem was… Read More
Selling a business at the right price and terms often takes a year or more. Owners who desire to sell their businesses should begin to maximise the value of their business at least two and preferably three or four years prior to the sale. There are a number of methods to increase value within this… Read More