With more Australians choosing self-employment and small business ownership, many turn to company structures for tax efficiency and flexibility. The appeal is clear: companies with
What is depreciation and how does it work? Depreciation is accounting for the decline in the value of an asset (in this case, a residential
A cash flow statement is one of the most important tools in managing your finances. Use this cash flow statement template to help plan your
Superannuation tax rules are changing again and there are implications for those with very large balances as well as those on lower incomes. In a
If the start of your year reset hasn’t stretched beyond a fresh diary and a strong coffee, the ATO reckons now’s a good time to
Running your own self-managed super fund (SMSF) comes with many responsibilities and lodging an annual return is one of the most important. While paperwork may
ATO tightens compliance and expands employer support The ATO has released several new resources, including a checklist to help employers get ready for what it
Set yourself up for success at the start the year by reviewing your tax and super obligations as an employer. When you employ workers, you’ll
For many sole entrepreneurs, growth rarely arrives as a grand plan. It tends to creep in sideways. One more client. One more late night. One
Everyone likes to know how they’re travelling compared to their peers and business owners are no different. To help you know how your business is
We plan for holidays, home renovations, and retirement but we’re less likely to plan for the unexpected. Life insurance is one quiet but powerful way
Why depreciation matters for investors of new property? Depreciation is what the Australian Taxation Office (ATO) recognises as the gradual decrease in value of your investment
