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3 reasons your business needs a budget now

3 reasons your business needs a budget now

For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning. It’s more like a map than a diet. It’s an outline of where you want to take the […]

Building a new business? Success starts with the right business structure…

Building a new business? Success starts with the right business structure…

Regardless of the industry you’re in, the way you structure your business will have ramifications long into the future.  From the amount of tax you pay to the administrative load and your level of personal liability, the consequences of your decision can be serious; and they may have a profound influence on the success of […]

The 2020-21 Federal Budget is a road to recovery paved with cash

The 2020-21 Federal Budget is a road to recovery paved with cash

The Federal Government delivered the 2020-21 budget – they announced tax cuts for individuals, increased access to small business entity tax concessions, an introduction of JobMaker hiring credit, wage subsidy for new apprentices and much more. Key initiatives include: – Personal income tax cuts from 1 July 2020 – A $4 billion ‘JobMaker’ Hiring Credit […]

The 9 key steps to set up your SMSF correctly

The 9 key steps to set up your SMSF correctly

Are you worried that your hard-earned money is not working hard enough for you? That your dream of your golden years spent on the golf course or with loved ones on the beach is fading fast?  Think you can do a better job yourself – by managing your own super? You may be right. A Self-Managed […]

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