The Export Market Development Grant (EMDG) program is a flagship initiative by the Federal Government designed to support Australian small and medium enterprises (SMEs) in promoting their goods, services, and intellectual property in international markets. Recent changes to the program aim to provide increased funding opportunities, though not all applicants will secure a grant. The […]

When a family business owner looks to sell their business as part of a succession or exit event, the financial reports prepared by your Perth business accountant will become critical. Your accountant’s vocabulary will inevitably move from a discussion of net profit after tax to normalised earnings. What are normalised earnings? Business financial reporting is […]

The most obvious strategies for many are the most difficult to implement.  And, for the taxation of rental properties the most obvious strategy a Perth tax accountant will talk to you about is keeping good records as part of planning your property portfolio. If you do not keep good tax records and tax receipts for […]

The 2024 has proved to be yet another difficult and rewarding year for many, marked by elections, interest rates and volatile commodity prices. Yet, as Australia and Perth continue to deliver strong housing returns and mining activity, there is all the more reason for Perth family businesses to celebrate what their employees and accountants have […]

Setting up payroll in Xero might seem daunting, but it can be straightforward and efficient when the initial platform is properly created, followed through with a systematic approach, and supported by a Perth tax accountant. This guide provides a step-by-step process to help Australian businesses streamline their payroll setup using Xero’s intuitive platform. Overview: Simplifying […]

As tax accountants, we focus on a range of great tax strategies for business families. However, the simplest tax strategy is often not discussed. It might be a wood for the tree’s position, or it might be that its simplicity is so clear that it is not worth addressing. However, wealthy families structure their investments […]