Loan Structuring and Getting a Forecast that Works without Hassle
Join Craig and Jenny as they talk us through loan structuring and how to get it right without creating unnecessary work for yourself.
Buying Your First Home
In this video, we look at tax-effective ways to buy your first home.
Cleaning up Chart of Accounts
Our Advisors, Nick Jefferies and David Hewitt discuss the importance of managing your Chart of Accounts correctly and some key tips on how to do that.
Key Analytic Ratios for a Business
Adam and Lewis are talking us through key analytics ratios for a business and basically what ratios you should be looking at for your business on your balance sheet.
Keeping a motor vehicle log book
One of the easiest ways for a family in business to pay the correct amount of tax, is to keep a motor vehicle log-book. Whether you are attempting to reduce the fringe benefits tax obligations for the cars provided to your employees or even if you are trying to reduce the income tax cost for different […]
The Tax Benefits of Superannuation Splitting
The unique Australian tax advantages of superannuation are well known. And a key component of the tax benefits is dependent on the age of the person retiring and the amount of money a person retires on. This focus on the single member of a superannuation fund directly compares to how a family in business will […]
Getting an understanding of personal services income
Tax law has a fundamental premise that the income of a person belongs to that person regardless of how they structure their affairs. And for many smaller operators like IT, legal and medical professionals this concept of bringing the income home to the relevant professional is expressed in the concept “alienation of personal services income”. […]
Tax and government incentives for hiring apprentices
The government has a raft of tax and other incentives for business families who are hiring apprentices. And for Perth and Western Australia – an economy driven by mining and food – this is especially important. The starting point when looking at the incentives is to contact Australian Apprenticeships to see if your business is […]
Understanding the New Export Markets Development Grant
The government is changing the Export Market Development Grant from 1 July 2021. And these changes will significantly help business families across Perth looking to expand their interest beyond our borders. The EMDG cash flow funding is better The most significant change to the scheme is that funding can now be paid out, and received, […]
2021 Budget Highlights
Budget Highlights The Federal Budget contains a raft of tax changes. We have summarised the relevant tax changes for our clients (with the most relevant at the top). Temporary full expensing Business can expense all plant and equipment purchased and installed before June 2023. This is an extension of the previous position of having the […]