Top tips for business owners wanting to boost their retirement nest egg – Part 2 (Guest Blog from Acadia Wealth Advice)

CraigSuper

It is not uncommon to see owners of many thriving businesses devote all their financial resources, time and attention into their businesses at the expense of their personal finances. Often this requires accelerating efforts to boost their retirement savings at the back end of their working lives. In our earlier blog we spoke about the recent changes to superannuation, specifically … Read More

Top tips for business owners transitioning into retirement – Part 1 (Guest Blog from Acadia Wealth Advice)

CraigSuper

Chances are you’ve poured your blood sweat and many tears into building your business into the thriving venture it is today. Now, it’s time to turn your attention to what life looks like as you transition into retirement or pull up stumps completely. Successfully transitioning out of your business can be a lengthy process with financial, legal and operational obligations. … Read More

Spotlight On: Super Strategies for Employees

StuartSuper

For many, the new calendar year is a time for change and refocusing, and the end of the financial year should be no different. Australia recently welcomed some positive changes to superannuation for employees. So if you are an employee, now it’s time to focus on your finances and consider the following opportunities for maximising your employment package and overall … Read More

Spotlight On: Super Strategies for Business Owners

CraigSuper

There is no doubt you have heard a lot about the recent super reforms. With so much being said, we’ve distilled our top strategies to help you stay compliant and take advantage of the new rules.   Make voluntary personal contributions The goal posts are changing around both concessional (pre-tax) and non-concessional contributions caps. Lower super caps make it harder … Read More

3 Ways to manage ATO debt before it’s too late

StuartTax

With small businesses accounting for $12.5 billion in overdue tax, it’s no surprise the Australian Tax Office (ATO) is reprioritising tax debt in order to balance the budget. From 1 July 2017, small businesses will risk outstanding debt being disclosed to credit agencies. While the measure will only apply to those businesses with an Australian Business Number and tax debt … Read More

2017/18 Budget changes that may affect your business.

StuartGeneral

The 2017-18 Budget has been sold as a Budget of “choices”, with the Government making some clear-cut decisions about who to reward and who to penalise. While there’s much to be said about the complete budget, we’ve reviewed the key highlights that may affect your business. Want a printable version of this infographic? Click here.   To view the full … Read More

How to minimise the risk of your Xero account being compromised

StuartCloud Accounting

There are many benefits to using cloud accounting. Using cloud systems such as Xero delivers the flexibility of accessing your data from anywhere, at any time, and contrary to some belief, there can be a higher level of security than many small business networks. That said, we don’t deny cyber crime is becoming more sophisticated with an alarming increase in phishing scams … Read More

The relationship between profit, tax and cash.

StuartGeneral

  Want a printable version of this infographic? Click here.   Need help managing your profit, tax and cash flow?   Let’s talk. Love the blog? Subscribe to receive it fortnightly.   What do you think? We would love to hear your thoughts! Feel free to submit your comments below or comment on our Facebook Page or Twitter.

Save yourself a fortune with the right business structure

CraigBusiness Structures

While not set in stone, choosing your business structure is one of the most important decisions you’ll make as a business owner. It will depend on many factors, for example, the type of business you have, whether you plan to hire employees, join forces with a partner and how you plan to develop your business in the long term. As … Read More