Embarking on a financial journey with SMART Business Solutions is not just about numbers; it's about empowering our clients with the
tools and knowledge they need for financial success.
Our New Client Resource Centre is your comprehensive guide to navigate your transition to SMART Business Solutions seamlessly. As you
explore our New Client Resource Centre, envision a future where accounting and financial management is not a challenge but an opportunity
for growth. SMART Business Solutions is here to guide you every step of the way. Welcome to a smarter, more empowered financial
experience.
| 1. | Inviting SMART to your Xero file |
| 2. | Client/Agent Linking via ATO portal |
| 3. | Meet the Team |
When considering partnering with Smart Business Solutions as your accountant and tax advisory partner, you can expect a thorough and proactive approach to managing your finances.
We start with a request for essential information before our first Proactive Accounting Meeting, ensuring that our discussions are
purposeful and focused. During the Proactive Accounting Meeting, we delve into your current financial position, income streams, and goals
for your business. We also explore how these business goals align with your personal and lifestyle aspirations. This meeting is an
opportunity to discuss any challenges you're facing, such as growth or cash flow issues, and to identify opportunities for business
development. Our timeline of the way we work helps manage client expectations for timeframes and workflow, ensuring that our partnership
is transparent and efficient. At Smart Business Solutions, we're committed to providing proactive and tailored support to help you
achieve your business and financial goals.
The downside of not taking time out for your strategy is that there is a tendency to keep a short-term. Sometimes in the process, this short-term focus undermines longer term value and returns.
ONLINE Webinar
19 January 2023 @ 12:30 - 1:30pm
Phase 2 STP will be the compulsory way to process Xero payroll as of March 2023.
Smart Business Solutions chief executive Shannon Smit, winner of SMSF Adviser of the Year award, talks about the evolution of her business and shares her insights on complex SMSF planning issues.
This video offers a Xero how-to on the latest details of the compulsory STP (Single Touch Payroll) Phase 2 rollout including Pay Item Transition.
This video offers a Xero how-to on the latest details of the compulsory STP (Single Touch Payroll) Phase 2 rollout including Leave Transitions.
Changes are coming about how you manage Xero payroll with Single Touch Payroll (STP) Phase 2. This video explains how to manage Employee Transition in STP Phase 2.
Getting a good grasp of your business’s cash flow situation will help put you in a strong financial position.
You will be amazed in this race against time to reach the finish line. Welcome to The Amazing Race memoir - Smart Business Solutions 2022 End of Year Team Building and Christmas party.
The Government’s ‘Secure Jobs, Better Pay’ legislation passed Parliament on 2 December 2022.
If you are required to but have not yet applied for your ID, you should seek an extension immediately.
The most effective way of sharing Christmas joy with customers is not necessarily the most tax effective.
Here are the 5 signs you personally should look out for when deciding whether or not you should hire a professional bookkeeper.
17 NOV 2022 @ 3:30-5:00pm
Come and warm our newly extended and renovated office space at Smart Business Solutions in Mornington alongside Bruce Billson, Small
Business and Family Enterprise Ombudsman.
Legislation before Parliament will lift penalties for serious or repeated privacy breaches, and provide new powers to the Australian Information Commissioner.
If you’re famous and make an income from your fame and image, the way the ATO believes you should be taxed on the income you make may change.
In July, the Australian Taxation Office (ATO) reported a new wave of ‘Tax refund SMSF scams’.
With seven months before the 2023-24 Budget released in May 2023, this Budget is a shuffling of the deck not a new set of cards.
The traditional diversification strategies of super funds are failing, and a worsening inflation.
The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data breached.
The Queensland Government has backed away from an amendment that would have seen the land tax rate for investment property in Queensland.
The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9%.
UK Chancellor Kwasi Kwarteng announced a series of tax cuts, including the reduction of the top personal income tax rate.
New guidelines for professional services firms - lawyers, architects, medical practitioners etc., came into effect on 1 July 2022.
National Cabinet agreed to end the mandatory isolation requirements for COVID-19 effective from 14 October 2022. Each state and territory has, or will, implement the end of the isolation rules.
The Australian government has reinvigorated the 120% skills training and technology costs deduction for small and medium business.
Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire.
There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market.
The tax system currently allows Australia to tax payments made by an Australian customer in relation to technical services provided by an Indian firm.
23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain.
You’ve worked hard for what you have – it’s time to protect it for the next generation.
The $2,000 Small Business Specialist Advice Pathways Program Grants are for small business to employing small businesses to access financial and legal advice and services to inform current and future business decisions.
Annual reviews are a powerful business tool. They provide insight into the past year through analysing metrics and other data.
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the current state of play and the likely impact.
The RBA lifted the cash rate to 1.85% in early August 2022. With interest rates rising, what can we expect?
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return.
ONLINE Webinar: Insurance Stripped Bare - What you really need to protect your assets
For the majority of small to medium sized business owners, the value of your business is your biggest asset, and very likely, your retirement fund.
If you perform some of your work from your home office, you may be able to claim a deduction for the costs you incur in running your home office, even if the room is not set aside solely for work-related purposes.
If you’ve owned your home for a decent period of time, or you’re ahead on your mortgage repayments, then you can potentially use some of the
equity to purchase assets such as a car.
The number of cranes in operation across Australia continues to rise, with a steady increase across the commercial sector.
The Property Council of Australia's latest Office Occupancy survey found that Perth’s office occupancy rate continued to improve between May and June (63 to 65 per cent), and Melbourne’s lifted slightly (48 to 49 per cent), while occupancy levels in the ACT declined (60 to 53 per cent).
Debt levels have been steadily rising over the past few decades, but it’s important to understand that not all debt is bad. If you’re finding yourself getting into too much debt through the use of credit cards, there are a few steps you can do to get out of it.
With upward pressure on prices across many sectors of the economy, being able to effectively manage your cash flow is more important than ever. One way businesses can help their cash flow is to finance their heavy or costly equipment.
Rentvesting involves renting where you want to live and investing in a property elsewhere so you can get your foot on the property ladder.
For the majority of small to medium sized business owners, the value of your business is your biggest asset, and very likely, your retirement fund.
It doesn’t matter how much you have. It’s what you do with it that counts.
Everyone knows you don't pay tax on the sale of your family home, right..? We take a closer look at the main residence exemption that excludes your home from capital gains tax and the triggers that reduce or exclude that exemption.
There has been some confusion on what the minimum wage increase and superannuation increase means to small business employers.
Many investors become concerned when volatility occurs in global financial markets – particularly about the impact on their superannuation and other investments. In times like these, it is important to understand the causes of market movements and how to minimise your risk.
Prices on everyday essentials like food, petrol and medicine have increased significantly, impacting us all. Managing these price hikes is even more difficult when you’re living on a fixed income. We unpack how we got here and set out some things you can do to increase your buying power.
B.I.T.E Business Conference
.png)
