Accounting & Wealth Insights

JobMaker is a credit available to eligible businesses and non-profit entities that create new jobs (not if you are merely replacing someone who left). The hiring credit is available for jobs created from 7 October 2020 until 6 October 2021

Are you managing your cash flow effectively? It’s a question that many small businesses are failing to ask themselves. Keeping on top of the money flowing into and out of your business will allow you to make better business decisions and give you more peace of mind.

You’ve probably heard the term being used quite a bit recently… ‘quantitative easing’ has been a hot topic in financial news reports since the impact of the global pandemic was felt earlier this year. Historically, central banks from many different countries around the world have employed quantitative easing as a tool to stimulate economies after instability.

The 2020 festive season is upon us! We are decking the halls and merrily singing carols to lift our spirits after a challenging year. For many businesses, Christmas parties are on the calendar and staff gifts are on order. With the giving underway, it’s important to monitor how much is being spent, to make sure you minimise your FBT obligations.

It’s no secret that women retire with less super on average than men. In fact, more than 80% of women are currently retiring with insufficient superannuation savings to fund a comfortable lifestyle. It’s vital that women take simple, but concrete steps to help maximise their superannuation.

As business accountants, we regularly meet Australians who are interested in buying an existing business. This type of business ownership can be both exhilarating… and daunting. Before you plunge into buying a business, here are some questions you should ask.

Valuing a business is more than just the dollars in the bank… it includes all your physical assets and intangible elements such as customer loyalty and brand recognition.
These all have significant worth and must be taken into account when determining business valuation.