Blog

Making time to look over your financial reports each month is an important task for any business owner. We can give you an overview of what reports you'll need to help you build a thriving business.

From August 2025, the ATO will progressively include ‘Debts on Hold' in taxpayers' account balances. These are debts the ATO previously paused collection on. The ATO is looking to collect payment of these tax debts (e.g., by offsetting any refunds or credits otherwise owed to the relevant taxpayer). 

Your Cost of Sales (CoS) is a vital financial metric to understand. We’ve highlighted 5 important ways that CoS impacts on your operational efficiency and your financial health. #CoS #costofsale #businesstips

Payday super is due to begin in July 2026. Is your payroll process ready? We’ve outlined the key requirements and how payday super could impact your small business. #paydaysuper #superannuation #businesstips

Australian Labor party (ALP) will form the government for a second consecutive term after winning the Federal election with majority seats. We have summarised for you, all tax measures proposed by the ALP throughout their federal election campaign.

It’s now a criminal offence to intentionally underpay your employees. Here’s the lowdown on the new Voluntary Small Business Wage Compliance Code and what it means for your business. #wages #payroll #businesstips

The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees.

FBT updates and problem areas

•        FBT exemption for electric cars
•        Providing equipment to work from home
•        Does FBT apply to your contractors?
•        Reducing the FBT record keeping burden
•        The top FBT risk areas

The ATO has advised that it will acquire rental bond data from state and territory rental bond regulators bi-annually for the 2023–24 through to the 2025–26 financial years.

The end of year is fast approaching, meaning gifts and parties become part of your business. We’re here, as always to remind you of your tax obligations and to assist in your decision making.

From 1 July 2026, employers will be required to pay their employees' super at the same time as their salary and wages.

The ATO will conduct a data matching program to acquire property management data from property management software companies for 2018-19 through to 2025-26.

If you’re thinking about setting up a self-managed superannuation fund, here are five key areas to be aware of when managing your fund. #SMSF #superannuation