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Tax Return

Why Your Business Should Consider Tax Audit Insurance

The Australian Taxation Office (ATO) has been on an audit blitz targeting various individuals and businesses suspected of tax rorting or tax evasion. For both individuals and businesses, an unforeseen tax audit can spell financial disaster. It often comes with extra costs and where there is culpability, some punitive measures. In the recent months, the …

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Should Low Income Earners Salary-Sacrifice for their Super Funds?

Salary sacrifice refers to the strategy of using your pre-tax salary to meet certain financial obligations. You can salary sacrifice on a vast array of items although some of these will attract a Fringe Benefit Tax (FBT) and may not be acceptable to your employer. Some of the work-related items that you can salary sacrifice …

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How to Make the Most from Your Investment Property

Property owners are coming under increasing pressure from rising costs, falling returns and more competition for new living spaces which are having a negative impact on their bottom line. Landlords have to come up with new strategies on how they are going to attract and retain tenants and maximize their yields. Competition in the investment …

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Top Ways to Increase Cash Flow in Your Small Business

Is your small or medium-sized business grappling with cash flow issues? Sound cash flow management is fundamental for business growth, success and sustainability. A negative cash flow could spell a death knell to your operations. There are three main principles that are key to maintaining a positive cash flow for any business: collecting the income, …

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Simple Technology Options for Small Businesses in Australia

Technology drives business and confers a huge competitive edge. Businesses that have invested in technological systems and innovations invariably have a huge advantage over competitors that haven’t. But small businesses are also limited in terms of the depth and scale of technologies that they can implement either due to lack of scale, lack of sophistication …

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Tax Return

Common ATO Tax Scams to be Aware Of

By James Mav | September 11, 2018

One of the unintended consequences of ATO’s aggressive war on tax fudgers and dodgers has been the increase in tax […]

Is Your Superannuation Fund Overcharging?

By James Mav | September 11, 2018

How well do you trust your superannuation fund? With the horror stories that have been emerging in the recent past […]

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