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14 Oct

Smart Financial Planning for New Parents: 9 Essential Tips to Manage Parenthood Costs

Discover 9 essential financial planning tips to help new and expecting parents manage the costs of parenthood with confidence and ease.


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19 Sep

Understanding the Taxable Payments Annual Report (TPAR): A Guide for Australian Businesses

The Taxable Payments Annual Report (TPAR) is a mandatory report for Australian businesses in certain industries to disclose contractor payments to the ATO by August 28 each year, ensuring accurate tax reporting.


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2 Sep

How to Prepare a NFP Self-Review Return

Starting July 1st, 2024, non-profit organisations (NFPs) in Australia with an ABN, but not recognised as charitable, must annually submit a NFP self-review return to the ATO to confirm their tax exemption status. This process involves three main sections:


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12 Aug

The Power of Systemisation: Why, How, and What Types of Businesses Can Benefit

Systemisation is the backbone of a successful business. It is the process of creating repeatable and efficient workflows that streamline operations, reduce stress, and foster growth. This blog explores why businesses should embrace systemisation, how they can implement it, and what types of businesses stand to benefit the most.


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16 Jul

Small Business Productivity: Industry & Regional Trends

Building on the findings from Xero Small Business Insights (XSBI) report, Small business productivity: Trends, implications and strategies, this special report presents industry and regional labour productivity data for small businesses.


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10 Jul

Is your family home really tax free?

The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it.


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8 Jul

Earned an income from the sharing economy?

It’s essential that any income earned from sharing economy platforms such as Airbnb, Stayz, Uber, etc., is declared in your tax return.


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3 Jul

$20k instant asset write-off passes Parliament

Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year.


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3 Jul

What’s ahead for 2024-25?

Will 2024-25 be another year of volatility or a return to stability?


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27 Jun

The Impact of Mental Health Awareness Training on Small Business


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19 Jun

The Art of Efficiency: Mastering Time Management for Maximum Productivity

In today’s fast-paced world, productivity has become a paramount concern for professionals and business owners alike. We constantly strive to optimise our workflows, eliminate inefficiencies, and maximise the value we derive from every minute of our day. One of the key steps in achieving this is recognising the habits and tasks that drain our productivity and replacing them with more effective strategies.


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15 May

Federal Budget 2024 / 2025

Budget 2024-25 is a pre-election budget for the people with everyone getting a little something to ease cost of living pressures. For business, there is the extension of the $20k instant asset write-off again.


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13 May

Quick Ways To Boost Your Business’ Cash Reserves

Secured business loans play an important role in supporting small business owners.


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2 May

Accessing money in your SMSF

The ATO has made a call to professional accountants to help identify and manage illegal early access to superannuation by members of SMSFs.


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1 May

Do your kids want to take over your business?

It’s important that generational succession is managed as closely and diligently.


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30 Apr

Bank of Mum and Dad

The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst.



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30 Apr

Company Money Crackdown

The ATO is cracking down on business owners who take money or use company resources for themselves.


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23 Apr

Rebuilding After Divorce

Going through a divorce or separation is undoubtedly challenging, but it's essential to take control of your financial future. By understanding the impact of separation on your assets, seeking professional advice, and creating a solid financial plan, you can navigate this difficult time with confidence.


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