In Australia inflation has effectively not been part of the family business and investing landscape for at least two decades. So dealing with rising prices and rising costs, and engaging cloud accounting software solutions to help that, in your commercial family business to make it prepared for inflation is important. Here are some simple measures, […]

Cloud accounting is definitely the buzzword for Australian small and middle sized businesses.  And while cloud accounting is often talked about many Perth business owners are not completely sure about what is cloud accounting and what it means for their business. Cloud accounting is still accounting The primary reason why businesses do accounting is to […]

As Xero scales up (and down) its cloud accounting solution for business across Perth and Australia it is exciting to see that Xero has recently released their new “Ultimate Plan” What is the Ultimate Plan? The Xero Ultimate Plan is the most comprehensive plan available to the families who own businsses.  It includes Xero’s core […]

With 30 June just around the corner many business operators across Perth and greater Western Australia are thinking about tax planning for business and their structures. Why is tax planning important? Taxation is a primary factor in the after-tax returns from a family business. And tax planning is an important step in strategically managing your […]

Now that JobKeeper has ended many accountants are calling the end of State Government COVID grants.  And that is not the case at all. In particular the Small Business Hardship Grant is particularly attractive for businesses. How much can I get? The amount of the grant is dependent on the number of employees you have […]

As accountants we understand that an estate plan goes beyond preparing a will and a testamentary trust.  The practice of making sure you choose the time when you transfer your estate together with the correct recipient (tax effectively) ranges from simple to deeply complex. The following are some simple tips to making sure your estate […]