The 2019 Federal Budget focuses on building a better tax system for Australian businesses in order to create a stronger economy.
 

Instant asset write-off:

The instant asset write-off threshold will be increased  from  $25,000  to  $30,000  and be extended from businesses with an annual turnover

You are considering selling your current home, and buying another. Ideally you would like to move straight out of your current home into the new one, which would mean both settlements occurring on the same day. But how do you finance the purchase of a new home if you cannot align the settlement dates?

There are a couple of scenarios to

Trustees who overlook important details or are reported to the ATO, risk incurring financial, civil or criminal penalties.

The role of the trustee should not be taken lightly as with greater control, comes greater responsibility should the administration of your SMSF go awry.

Protect your retirement nest egg and avoid these common

The ATO often focuses on specific behaviours, characteristics and tax issues that are suspicious and can lead to investigations.

Due to enhancements in technology, the ATO has expanded its data matching capabilities which have improved the ability to identify incorrect reporting in tax returns.

The ATO has released a list of

Does your current business structure no longer suit you? If so, you may want to consider a restructure. Although this is a significant undertaking, thanks to the Small Business Restructure Roll-over legislation (introduced in 2016), small business owners are now

Hand on heart, how long has it been since you really looked at your business?

Running a business can become repetitive, comfortable and habitual – potential roadblocks for enhancing your bottom line profit. Ask yourself the following questions:

When was the last time you...

• Critically

Improve your niche marketing strategy to stay ahead of the game.

A niche marketing strategy is one that targets a specific subset of a market and is not a strategy that is ideal for every business. However, if you have determined that a niche marketing strategy is right for your business, here are some things for you to consider to

As the owner of a healthcare clinic, your number one priority is your patients. But in order to give them adequate care, you have to keep your business healthy as well. Xero's State of Small Business report for May 2018 revealed the biggest pain points for small businesses includes

The beginning of the year after a break is great time to focus on the future of your business and its goals, for some of us it's time to think about buying a business.

If purchasing a business is new to you, or it is something you may be thinking about we have a series of answers to the most frequently asked questions