Accounting & Wealth Insights

Business tax audit… three words that have the ability to strike fear into the hearts of business owners everywhere. Having the ATO go through your accounts is a daunting thought, and even if you have been operating your business for decades, it can still make you nervous.

Break-ups are hard. When a relationship ends it can be filled with turmoil, and the separation process is often messy. While it can be a highly emotional time, it’s crucial that you don’t relinquish your own financial security.

Engineers and design professionals are big thinkers. They spend their days investigating ways to develop and utilise new technologies, solve problems or improve existing systems. While they are highly technical, accounting and finance aren’t necessarily their forte and this is where we can help.

Have you heard of the super bring-forward rule? There was a lot of discussion about it last year because from 1 July 2021 more Australians became eligible to access its benefits. We take a closer look at the rule and how you can utilise it in your superannuation strategy.

Every business owner will reach a time when they have to think about buying business assets. Perhaps they need a fleet of laptops for their sales team, or maybe new company vehicles… or it could even be purchasing a commercial property.

Manufacturing is a unique industry… unlike retailers who sell merchandise and service based businesses who sell time and expertise, manufacturers build new products. We are manufacturing accounting specialists and can help businesses achieve their goals.

Did you know that the maximum number of members allowed in a self-managed super fund (SMSF) recently increased from four to six? While it’s not expected that there will be a sudden increase in the number of SMSFs, it does provide new opportunities and more flexibility.