Email – the productivity killer
Remember when email was new and novel, and everyone thought it would vastly improve communication while freeing up time? It did improve communication on some [...]
The small business income tax offset
The small business income tax offset (also known as the unincorporated small business tax discount) can reduce the tax a sole trader business pays by [...]
3 smart things business owners should spend their money on
Small business owners know how important it is to save money. They know that one day that dollar could come in handy, especially during slower [...]
Small businesses need to get “active” to pay less tax
For small business owners who are disposing of assets that have risen in value during the time they have owned and used them in their [...]
Pros and cons of doing business with family and friends
Ever dreamed of starting a family business? Investing in a franchise opportunity with friends? Businesses owned and operated by families can have incredible staying power. [...]
GST obligations to be included under the director penalty regime
The strengthening of the director penalty regime has seen director penalty notices (DPNs) extended to superannuation guarantee obligations from 1 March 2019. Now it looks [...]
4 tips to get your business through tough times
Here are 4 tips for getting your business through difficult periods so you can look forward to many more years of business ownership. Focus on [...]
ATO on the Road
The Australian Taxation Office (ATO) are on the road and visiting close to 500 businesses in and around Port Macquarie and Wauchope in late July and [...]
Why the Government does not want your business accepting cash payments of $10,000 or more – no more briefcases
From 1 January 2020, the Government intends to restrict the value of cash payments a business makes or accepts to amounts under $10,000. Ignoring the [...]
What to look for in a payment management system
Quick and efficient payment options benefit both small business owners and their customers. Consumers want flexibility – cash, cheque or charge? If you’re a cash-or-cheque [...]