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Business Growth

July 13, 2022

A warning to Small Businesses entering new Agreements

From 01 July 2021, AASB 2020-2 removed the ability for certain for-profit sector entities to prepare special purpose financial statements. ...

March 16, 2022

Employee v Contractor – correction to legal interpretation

Are your ‘contractors’ really employees? This is a common question we confront our clients with. After years of fumbling with ...

Cracked Piggy bank COVID
February 4, 2022

2022 NSW COVID-19 Small Business Support Grant

The NSW Government recently announced a new COVID-19 support program for businesses for the month of February 2022. Registrations open ...

December 16, 2021

Is outsourced accounting right for your business?

Many local and international companies in Australia have realised that investing in an in-house accounting department does not make dollars ...

closeup Woman holding digital tablet
November 15, 2021

What really drives your profit?

The major financial drivers of profit for any business are price, variable costs, fixed assets and overheads, and sales volume. Do you know which has the most impact?

June 9, 2021

4 signs that it’s time to outsource your accounting

If you started your own business from scratch, you probably wore a lot of hats in the beginning. In order ...

April 30, 2021

How to Create a Strategic Plan and Be Supported By Your Team

Your strategic business plan is so much more than most small business owners realise. The majority of small business owners ...

March 31, 2021

JobMaker: What’s happened and what to do now

In October, as part of the 2020-21 Budget and Economic Recovery Plan, the government announced a new $4 billion stimulus measure called ...

March 10, 2021

How to Understand and Use Your Annual Financial Statements

Each year your accountant completes your financial statements and income tax returns for your business. These documents are more than ...

February 24, 2021

Succession Planning – What is it, and when should I start?

Accountants often talk about internal succession planning (or even succession planning more generally), but what is it? Succession planning is ...

Trends of 2021 concepts with text and business person hands
January 27, 2021

2021 Small Business Trends

In 2020, many businesses confronted challenges they had never seen before. Therefore 2020 became a year for resilience and adaptation, ...

Flat lay of office desk
January 20, 2021

Setting up a Business

When setting up a business or making changes to an existing business, it is necessary to plan ahead. This is ...

Cropped hands of businessman handing over gold relay bar
December 9, 2020

Handing over the reins – what to consider if children take over the business

All business owners have been building and growing their business over a number of years. As time goes on, all ...

Two graph arrows drawn on blackboard pointing in different directions
November 25, 2020

How to deal with business disruption: Three recommendations

New technologies, discoveries and inventions have always created changes in business, but when the COVID pandemic hit this year, the ...

September 25, 2020

The Power of Resilience

Presently, with the repercussions of recent bushfires receding and the implications of COVID-19 upon us, we all face unprecedented uncertainty. ...

August 5, 2020

Choosing A Business Partner Post-COVID

Business in the past six months has been anything but normal. Due to the global coronavirus pandemic, businesses have had ...

How to communicate a price increase
June 24, 2020

Can you increase prices right now?

With all the upheaval due to the COVID-19 situation, most businesses are looking for ways to recover some of their ...

June 11, 2020

Cash Flow Boost payments – do not just assume the ATO knows best!

The Cash Flow Boost is a refundable credit applied to businesses’ ATO account, based on the tax they withhold from ...

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Accru Tax Alert: August 2022
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