Blog

Statistically speaking, over 60% of businesses that go bust are still profitable but they generally just run out of cash. Whether your business is flying or struggling, ‘cash is king’…

The first quarter of a new financial year is the perfect time to conduct an ‘audit’ on your business to assess what is working in the business and what needs…

What are your options if you are trying to sell your business but can’t find a buyer prepared to meet your asking price? This is a relatively common scenario given…

Increase in ASIC Fees The Government has revealed an increase in the cost of registering a business name with the Australian Securities and Investments Commission (ASIC).  Fees increase from $30…

Data-matching or comparing the same piece of information from two different sources has expanded rapidly in recent years.  Four years ago, the ATO matched 50 million transactions and this year…

Individual Tax Rates There will be no change in the marginal tax rates already legislated for individuals for the 2013, 2014 and 2015 income tax years. The Government has also…

Employers beware:- As of the 1st July this year, all Australian employers will have to do two things to their payrolls:- Increase the amount they pay into their employee’s Superannuation…

As part of the 2011/12 Federal Budget, the Government announced the introduction of taxable payments reporting for businesses in the building and construction industry. The purpose of this new reporting…