North Advisory Accountancy Blog | North Advisory - Part 2
X

We'd love to help you build a successful business and grow your personal wealth. Get in touch to book a free consultation.

    North Advisory Accountancy Blog

    blog.png

    Changes to casual employment

    Posted April 28, 2021 by North Advisory

    The Fair Work Act 2009 was amended on Friday 26 March 2021. The amendments include changes to workplace rights and obligations for casual employees These changes were made by the Fair Work Amendment Act 2021.

    READ MORE
    blog.png

    The 1 July 2021 superannuation changes

    Posted April 13, 2021 by North Advisory

    Changes from 1 July 2021 will impact how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account.

    READ MORE
    blog.png

    Why business owners should pay themselves a salary

    Posted April 7, 2021 by North Advisory

    Most business owners are always focused on one thing… business growth. Investing time and energy into creating a truly successful venture can be all-consuming and often they spend countless hours doing lots of work, but not receive a proper pay-packet.

    READ MORE
    blog.png

    Financial considerations for the sandwich generation

    Posted March 30, 2021 by North Advisory

    It’s quite possible that you’ve never heard of the term ‘the sandwich generation’ but it is the name given to an ever-increasing group of Australians. A group that you might well be a part of! As our population ages, more and more people find themselves providing support for their ageing parents while also caring for dependent children.

    READ MORE
    blog.png

    SMSF – is it right for you?

    Posted March 2, 2021 by North Advisory

    For many people, an SMSF is a great way to take control of their retirement savings, especially if they have the time and capability to oversee the fund’s management. But there are considerations that need to be taken into account when you are thinking about setting one up for yourself.

    READ MORE
    blog.png

    Understanding why start-ups fail

    Posted February 24, 2021 by North Advisory

    Start-ups can be an exciting endeavour, but they can also fail for a multitude of reasons. Some of the most common reasons why start-ups fail include no market need, running out of cash, not having the right team and getting outcompeted.

    READ MORE
    blog.png

    The JobMaker Hiring Credit

    Posted February 11, 2021 by North Advisory

    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

    READ MORE
    blog.png

    Managing cash flow in your small business

    Posted February 8, 2021 by North Advisory

    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.

    READ MORE
    blog.png

    When can I access my super?

    Posted January 19, 2021 by North Advisory

    Your ability to access your super is generally based on your age, but there are certain conditions that need to be met to make sure you don’t end up on the wrong side of the ATO. There are definitely tax benefits when your super moves into retirement phase, however there are still regulations around how you access it.

    READ MORE
    blog.png

    Quantitative easing and the Australian economy

    Posted December 14, 2020 by North Advisory

    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.

    READ MORE